Positioned in a highly desirable location near the heart of downtown Bishop, this 7-unit residential income property offers an exceptional opportunity for investors seeking strong cash flow and long-term upside. The property features three separate buildings, including a 3-bedroom single-family house with carport, two 3-bedroom apartments, and four 2-bedroom apartments. With 100% occupancy, this asset delivers immediate, consistent income from day one. Tenants enjoy the convenience of an on-site laundry room, parking for up to 12 vehicles, and fenced yards. Its proximity to downtown Bishop provides walkable access to shopping, dining, and local amenities, enhancing tenant retention and rental demand. This is a rare opportunity to acquire a fully stabilized, multi-building investment property in a supply-constrained market known for strong rental demand. Whether you're looking to expand your portfolio or secure a reliable income-producing asset, this property offers both solid current returns and future appreciation potential.
For sale
Price cut: $200K (8/6)
$1,499,000
363 Short St, Bishop, CA 93514
14beds
6baths
5,132sqft
Multi Family
Built in 1949
-- sqft lot
$-- Zestimate®
$292/sqft
$-- HOA
What's special
Fenced yardsOn-site laundry room
- 114 days |
- 510 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Susan Maclean 775-600-9025,
Coldwell Banker Select Real Estate
Source: MLBOR,MLS#: 260273
Originating MLS: Mammoth Lakes Board of REALTORS
Originating MLS: Mammoth Lakes Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
Heating
- Propane, Wall Furnace
Cooling
- Evaporative/Swamp
Appliances
- Included: Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator, Electric Water Heater
- Laundry: Main Level, Laundry Room
Features
- Flooring: Carpet, Vinyl
- Windows: Clad, Double Pane Windows, Metal, Single Pane, Vinyl
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 5,132
- Total interior livable area: 5,132 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport
- Garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Concrete Driveway
- Fencing: Metal
Lot
- Features: Garden, Lawn, Level
Details
- Parcel number: 00114221
- Zoning description: One Family Residential (INYO COUNTY)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Roof: Flat,Rolled/Hot Mop
Condition
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Propane
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Bishop
Location
- Region: Bishop
Financial & listing details
- Price per square foot: $292/sqft
- Tax assessed value: $597,420
- Annual tax amount: $6,539
- Date on market: 4/27/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Other
Estimated market value
Not available
Estimated sales range
Not available
$2,291/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $1,499,000-11.8%$292/sqft |
Source:  STAOR #142691 Report a problem | ||
| 7/13/2026 | Price change | $1,699,000-8.2%$331/sqft |
Source: STAOR #142691 Report a problem | ||
| 6/9/2026 | Price change | $1,850,000-7.3%$360/sqft |
Source: STAOR #142691 Report a problem | ||
| 4/11/2026 | Listed for sale | $1,995,000+114.7%$389/sqft |
Source: STAOR #142691 Report a problem | ||
| 5/17/2021 | Listing removed | -- |
Source: Inyo County/Bishop MLS Report a problem | ||
| 3/16/2021 | Pending sale | $929,000$181/sqft |
Source: Inyo County/Bishop MLS #2311614 Report a problem | ||
| 3/4/2021 | Listed for sale | $929,000+40.8%$181/sqft |
Source: Bishop Real Estate Rasmuson & Associates #2311614 Report a problem | ||
| 10/23/2012 | Listing removed | $660,000$129/sqft |
Source: Coldwell Banker LeeAnn Rasmuson & Associates, Inc. #2307800 Report a problem | ||
| 8/27/2012 | Price change | $660,000-4.3%$129/sqft |
Source: Coldwell Banker LeeAnn Rasmuson & Associates, Inc. #2307800 Report a problem | ||
| 4/24/2012 | Listed for sale | $690,000+44.1%$134/sqft |
Source: Coldwell Banker LeeAnn Rasmuson & Associates #2307800 Report a problem | ||
| 6/23/2004 | Sold | $479,000+59.7%$93/sqft |
Source: Agent Provided Report a problem | ||
| 9/12/2000 | Sold | $300,000$58/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2018 | $6,539 +2.3% | $597,420 +2.3% |
| 2017 | $6,394 +3% | $584,270 +1.9% |
| 2016 | $6,207 | $573,477 +1.6% |
| 2015 | $6,207 +1.9% | $564,555 +1.9% |
| 2014 | $6,090 | $553,935 +0.5% |
| 2013 | -- | $551,409 +2.6% |
| 2012 | -- | $537,674 +2% |
| 2011 | -- | $527,132 +0.8% |
| 2010 | -- | $523,193 -0.2% |
| 2009 | -- | $524,436 +2% |
| 2008 | -- | $514,154 +2% |
| 2007 | -- | $504,073 +2% |
| 2006 | -- | $494,190 +2% |
| 2005 | -- | $484,500 +52.4% |
| 2004 | -- | $317,946 +1.9% |
| 2003 | -- | $312,120 +2% |
| 2002 | -- | $306,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 93514
Nearby schools
GreatSchools rating
- 4/10Pine Street Elementary SchoolGrades: K-5Distance: 0.9 mi
- 6/10Home Street Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Bishop Union High SchoolGrades: 9-12Distance: 0.6 mi
- $--2 bd1 ba-- sqft363 Short St #A, Bishop, CA 93514Off Market
- $--2 bd1 ba3.8k sqft363 Short St #B, Bishop, CA 93514Off Market
- $--2 bd1 ba472 sqft369 Short St #A, Bishop, CA 93514Off Market
- $--3 bd1 ba1.1k sqft369 Short St #B, Bishop, CA 93514Off Market
- $--2 bd1 ba600 sqft369 Short St, Bishop, CA 93514Off Market
- $532,2003 bd2 ba2k sqft375 Short St, Bishop, CA 93514Off Market
- $114,5431 bd1 ba717 sqft357 Short St, Bishop, CA 93514Off Market
- $305,4001 bd1 ba717 sqft357 Short St, Bishop, CA 93514Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
