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331 S Warren St, Bishop, CA, 93514

4beds
3baths
1,678sqft
$1,000,000
$596price/sqft
$6,287/moest. monthly cost
$251,480/yrincome needed

About This Home

3-unit residential income property offers an exceptional opportunity for investors. Being sold as part of a portfolio of several other Bishop properties including motels that contract with Mammoth Mountain during snow season to house their overflow seasonal workforce. Sellers willing to work with new owner(s) to continue this arrangement with Mammoth Mountain. Two of the portfolio properties for sale are right next door at 236 Lagoon St and 274 Lagoon St, the El Rancho Motel. Exceptional opportunity for an investor seeking both stability and upside income potential. Contact listing agent for more information. Property features three buildings. The main house, 331 A is a 3-bedroom house, living room has a pellet stove, full kitchen with dining area, 1 bathroom with shower over tub, LVP flooring and carpeted bedrooms. Unit 331 B is a 1-bedroom cottage with kitchen and full bathroom, laundry in bathroom and covered patio outside front door. Unit 331 C is a studio structure with full kitchen, laundry room, and full bathroom. Seller will do a 1031 exchange and will work with investors doing the same.

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
74
BikeVery Bikeable

Schools

4/10
6/10
6/10
Bishop Union High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1901

Materials

  • Roof: Composition,Shingle
  • Construction materials: Stone Veneer,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family,Multi Family

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Oven,Electric Range,Microwave,Refrigerator,Range Hood,Washer,Electric Water Heater
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Ceiling Fan(s),Window Treatments
  • Window features: Clad,Double Pane Windows,Metal,Vinyl,Window Coverings
  • Flooring: Vinyl
  • Fireplace features: Pellet Stove
  • Fireplace: Yes

Heating

  • Heating features: Pellet Stove

Interior Area

  • Total structure area: 1,678
  • Total interior livable area: 1,678 sqft

Property

Details

  • Parcel number: 00117413
  • Attached to another structure: Yes
  • Zoning description: Commercial and Retail (BISHOP)

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Open,Patio,Porch
  • Exterior features: Concrete Driveway,Landscaping

Lot

  • Lot size: 7,320 sqft
  • Features: Garden

Parking

  • Parking features: None
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Lightning
Winter Weather
Wildfire

FEMA Declared Disasters in Inyo County and California

Earthquake
Flood
Hurricane
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,056$60,672
Home Insurance *$342$4,104
Property Taxes $491$5,892
Electricity $398$4,786
Total$6,287$75,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$215,554/yr
40% on housing$188,610/yr
45% on housing$167,653/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.5%
12.5%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.5%
4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$596This listing

vs Other Active Listings

Avg $/sqft

ZIP 93514$266
Inyo County$260

vs Homes Sold Last Month

Median $/sqft

ZIP 93514
Inyo County$294

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-04Listed for sale$1,000,000
2022-03-18Sold$579,000
2022-02-09Pending sale$579,000
2022-01-17Listed for sale$579,000
2018-01-16Listing removed$1,275
2018-01-12Listed for rent$1,275

For Sale by Agent

AgentSusan Maclean
BrokerageColdwell Banker Select Real Estate

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