275 East Elm Street

Bishop, CA 93514

$1,195,000
Price
7
Beds
6
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Opportunity abound with this well maintained 5 unit investment property in a most desired downtown location. Walking distance to the city park, schools, coffee shops, restaurants and breweries. Make the upstairs 3 bed 2 bath unit your primary location with unobstructed views of the Sierra Nevada mountain range while overlooking city park open space and pay the mortgage renting the other 4 occupied 1 bedroom 1 bath units. City of Bishop short term rental ordinance allows for one unit to be rented...Opportunity abound with this well maintained 5 unit investment property in a most desired downtown location. Walking distance to the city park, schools, coffee shops, restaurants and breweries. Make the upstairs 3 bed 2 bath unit your primary location with unobstructed views of the Sierra Nevada mountain range while overlooking city park open space and pay the mortgage renting the other 4 occupied 1 bedroom 1 bath units. City of Bishop short term rental ordinance allows for one unit to be rented short term as long as one unit is owner occupied allowing for long term rental on the remaining 3 units, or rent all five units long term as an investment property. New vinyl dual pane windows throughout the complex with new window coverings in the owners unit. Owners unit being sold furnished. As well, garage will include tools and property maintenance materials. Buyer to cooperate with seller completing a 1031 exchange.
  1. Listed by Ronald McCoy • DRE #01971984 • Bishop Real Estate Rasmuson & Associates

Property Details for 275 East Elm Street

Subdivision
Bishop
ApnNumber
001-063-30
Zoning
R-3

Location

Listing Courtesy of Bishop Real Estate Rasmuson & Associates, Ronald McCoy, DRE #01971984
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LISTING UPDATED: 05/06/2024 09:27 AM

Property Details for 275 East Elm Street

StatusActive
MLS #2312623
Days on Compass15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily / Multi Family
Year Built1958
Lot Size0.24 AC / 10,454 SF
CountyInyo County

Location

Listing Courtesy of Bishop Real Estate Rasmuson & Associates, Ronald McCoy, DRE #01971984
Add your commute

Virtual Tour

Building Information for 275 East Elm Street

Stories-Residences-Year Built1958Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$6,805 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,522

Property Taxes

$283

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 275 East Elm Street

Summary
Location and General Information
  • County: Inyo
  • City: Bishop
  • Latitude: 37.3661003
  • Longitude: -118.3923056
  • State: CA
  • Postal Code: 93514
  • Listing Area: Bishop East
Taxes and HOA Information
  • HOA Fees: $.00
  • Estimated Annual Taxes: $.00
Property
Lot Information
  • Living Sq Ft: 0
  • Lot Size: 0.24
  • Property Subtype: 4+ Units
  • Stories: 0
Property and Assessments
  • Year Built: 1958
  • Property Style: Apartment
  • Property Type: Multi Family
  • Property Type 2: Multi-Family Building
  • Number Photos: 35
Utilities
  • Utilities: Water Source: City/Municipal, Sewer: Hooked-up
Interior and Exterior Features
Exterior Features
  • Exterior Construction: Block
  • Foundation: Slab on Grade
  • Exterior Features: Fenced- Full, Sprinklers- Automatic, View of Mountains, Work Shop, Access- All Year, Deck(s)
  • Roof Type: Architectural, Asphalt
Interior Features
  • Appliances: Refrigerator, W/D Hookups, Washer & Dryer, Water Heater, Dishwasher, Garbage Disposal, Oven/Range
  • Bathrooms Total: 6
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Bedrooms: 7
  • Cooling: Electric, Wall Unit
  • Interior Features: Ceiling Fans, Window Coverings, Flooring- Carpet, Flooring- Laminate, Dual Pane Windows
  • Heating: Electric, Wall Unit
Multi Family
Multi-Family Information
  • Total Units: 5

Property History for 275 East Elm Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 275 East Elm Street

Taxable ValueLand$88,626Additions$222,833Total$311,459
Tax Record2023$3,401 ($283 / month)
Home Facts
Total Finished SqFt3,612 SqFtAbove Grade Finished SqFt3,612 SqFtLot Size10,567 SqFtStyleMulti-Family Res (5+ Units)Year Built1958CountyINYOAPN001-063-30-00

Schools near 275 East Elm Street

This home is within Bishop Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pine Street Elementary School
PublicK to 5

Home Street Middle School
Public6 to 8

Bishop Union High School
Public9 to 12

CDS Bishop High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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275 East Elm Street is a multi-family home for sale in Bishop, CA 93514. This property was listed for sale on May 1, 2024 by Bishop Real Estate Rasmuson & Associates, it's currently listed at $1,195,000. This listing's school district is Bishop Unified School District. Nearby schools include Pine Street Elementary School, Home Street Middle School and Bishop Union High School. 275 East Elm Street is a 7-bed, 6-bath, multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bishop Real Estate Rasmuson & Associates, Ronald McCoy, DRE #01971984

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.