Amazing investment property. This is a 4-unit complex on two separate lots. The first unit is a duplex with the front unit having 2 bedrooms and 2 bathrooms, an in-unit washer and dryer, a private front courtyard and a single car garage. This unit has been recently updated with new flooring and a new water heater. The rear unit is a 1 bedroom 1 bathroom with updated flooring. The third unit is a two story one bedroom and one bathroom with updated flooring and new gas stove heating. The fourth unit is a spacious 1 bedroom and 1 bathroom with a separate fenced side yard with a pergola. There is ample parking for all tenants and five storage units on the property. The property has three long term tenants who are interested in staying. The lot next door, 1164 Tata Lane, is included in this purchase.
Discover the charm of this beautifully remodeled duplex located in the sought-after Al Tahoe neighborhood, just moments from the shores of Lake Tahoe. Perfectly positioned within walking distance to the beach, shopping, dining, and public transportation, this property is ideal as an income property, vacation home, or year-round residence.The rear unit has been meticulously remodeled down to the studs, featuring all-new insulation, electrical panels, and a forced-air heating system with air conditioning. The kitchen boasts stainless steel appliances, custom cabinetry, a gas stove, porcelain tile flooring, and a stunning solid quartzite bar top. The bathroom is elegantly updated with custom tile work and modern fixtures, while the separate laundry room includes a utility sink for added convenience. High-end details such as clear pine doors and trim, cedar closet shelving, and porcelain tile flooring add to the home's appeal.Outdoor features include bear-proof trash containers and separate private yards for each unit, complete with newer privacy fencing.Whether you're looking to live in one unit and rent out the other or invest in a prime income property, this duplex offers an unbeatable combination of modern comfort, prime location, and Tahoe charm. Don't miss out on this exceptional opportunity!
Nestled in the heart of South Lake Tahoe, duplex offers the perfect blend of comfort and convenience. Each side of the duplex features a cozy 2-bedroom, 1.5-bath townhouse style layout, ideal for those seeking a primary residence and rent one side or a lucrative rental opportunity.Each unit includes a carport, offering convenient off-street parking. The property's central location puts you just minutes away from stateline casinos, Heavenly Village and Gondola, local shops, restaurants, and world-class recreational activities, including hiking, skiing, and Lake Tahoe access.Whether you're looking for a primary residence, vacation home, or rental investment, this duplex offers the ideal opportunity to enjoy all that South Lake Tahoe has to offer.
Take a look at this investment opportunity in South Lake Tahoe with this well-positioned multi-family property featuring four thoughtfully designed one-bedroom, one-bathroom units. Each residence has been upgraded to enhance comfort and functionality. The property's prime location places residents within walking distance of Lake Tahoe's pristine beaches, Heavenly Resort's world-class slopes, and the vibrant Ski Run Boulevard district.The neighborhood comes alive with bustling farmers markets, excellent dining, and exciting entertainment options, making it an ideal location for both long-term residents and vacation guests. Situated in an Opportunity Zone within the Tourist Corridor, this property offers attractive tax benefits and flexible zoning regulations that could support various investment strategies.This multi-family property combines practical living spaces with an attractive location, presenting a unique chance to own a piece of Lake Tahoe's rental market.
Nestled in the scenic beauty of South Lake Tahoe, this charming duplex investment opportunity offers a great occasion for owner-occupants and investors alike. The duplex features two separate units with Unit #1 rented to a reliable tenant with Unit #2 soon to be vacant and available for possible occupancy for the discerning buyer. This well-maintained, single-story duplex offers 2-bedroons and 1-bathroom in each unit, spacious living areas with updated kitchens and flooring, modern appliances, and cozy living rooms with built-in fireplaces perfect for the cold winter nights. The generous backyard area opens up to an incredible view of the entire Bijou Meadows conservancy area with the hiking and biking trail a 1/2 block away. Each unit has a carport with additional parking. Located just minutes from Lake Tahoe, shopping, dining, and entertainment. This property is perfect for those who want to experience everything the area has to offer.
New Construction Multi-Family! Own a 5-Units Property in the HEART of South Lake Tahoe! LOCATION is the KEY!!! Perfectly located right next to Heavenly Village shopping center. This new construction multi-family property is a dream investment. Just a 5-min walk to Heavenly Gondolas, Hiking, Biking and the best restaurants in-town, and a short 10-min walk to the Casinos, You'll be surrounded by all the fun and convenience Tahoe has to offer. Plus, the newly built Convention Center is only a 14-min walk away and a 5 min drive to the beach. With modern mountain finishes and a completion date set for the summer of 2025, these brand new units are a must-see. Designed and Built by SHEMSS - You know you're getting Quality and Style. Don't miss out on this incredible opportunity! Property next door located at 1065 Fern rd is going up for sale too
Nestled in the heart of South Lake Tahoe, this charming mountain duplex offers a rare opportunity for savvy investors. With a total of 1,040 square feet of livable space, this multi-family home boasts one bedroom and one bathroom in each unit, providing ample space for comfortable living or lucrative rental income.Situated on a spacious lot, this property features off-street parking for two vehicles under a beautiful painted carport, ensuring convenience for residents and guests alike. The interior showcases a delightful blend of mountain charm and modern amenities.Equipped with a gas heating system and a comprehensive array of appliances, including a refrigerator, microwave, cooktop, and oven, this property offers a seamless living experience. The laundry facilities conveniently located in the kitchen add to the practical appeal. With a tar/gravel roof and public water utilities, this 1959-built gem is a testament to enduring quality.PLEASE DO NOT DISTURB TENANTS
Check out Video: https://listings.mousepadreno.com/videos/0190a268-73f2-7332-ba78-97d0d3b9e769Short Term Tourist Rental/ VHR 7 unit Investment opportunity in the heart of downtown South Lake Tahoe's Tourist Core Zone; Heavenly Ski Gondola, Heavenly Village, shopping, movie theatre, ice skating, casinos, the beach, and the new Convention and Event Center, are all within walking distance. Perfectly located at the end of a quiet Cul-De-Sac on the lakeside of HWY 50, without thru-traffic, and adjacent to open+ scenic space. Currently operating with seven units, all equipped for self-catering, one unit is a three bedroom apartment with full kitchen and dining area plus living room- could be used as owner's quarters or stay as profitable rental, two units are 1-bedrooms with living room, and 4 units are studios with kitchenettes. All units are newly and beautifully furnished throughout and with upgrades done in 2022. There is an additional large laundry/ storage/ workshop area that could be further developed. Currently fully operated by a management company as Pine Tree Place units #1- #7. Popular in the winter ski season, the summer lake season with water sports and beach nearby, plus additional concerts and events for year-round fun. Great blue-chip investment in prime downtown area. Call for details.
Back on the market!! Take a step back in time. These 2 adorable log cabins were actually built in 1913 way before the record keeping by the city with the current assessment showing its age of 1931.Both front and back cabins are 540 sq ft each 1bd 1ba with small loft. The rear cabin has been upgraded all to code without compromising on its unique log cabin feel. Everything from the electrical, plumbing, foundation, fencing, bear box, plank flooring, fireplace, chinking, kitchen appliances and bath fixtures.The front cabin is in need of a re-do but what fun for someone with an eye to creativityThis is a one of a kind property that borders a non buildable lot which gives you a real meadow feel while sitting on your decks. Location location is another plus! Whole Foods is a stones throw away, as well as our beautiful Lake and Tahoe all year fun within walking distance. A wonderful investment that you will want to keep in the family for generations to come.
Exceptional investment opportunity with an attractive CAP rate and current maintenance items performed! Offered for sale is a 27-unit apartment complex occupying two large parcels: 3590 Tamarack Avenue and 1160 Bowers Avenue. Fully occupied, minus the showing unit, this complex has a steady income history and many upgrades! Rents are current! Each unit has individual gas meters, electric has sub-meters and several units have been completely remodeled with contemporary gray tones, shaker-style cabinetry, quality laminate flooring, granite slab counters, and stainless steel appliances. Increase your CAP rate by renovating the remaining units and increasing rents, respectively. Additional streams of income include optional, independently rented garage spaces and two separate on-site coin laundry facilities. Both of the addresses have their own manicured courtyard with lush lawns and irrigation. Beside each address are Forest Service/Conservancy parcels for added privacy and buffering. The entire complex parking areas have been sealed and meticulously repaired this season and have clearly marked designated parking spaces for each unit. Newer roofs, 2008 & 2022, recent exterior paint, and vinyl windows have already been done for you! Near grocery shopping, recreation, the tourist core, and bus lines, getting around town is a breeze from this location!
Searching for that perfect rental opportunity in Tahoe? Well look no further than this sizeable multi-family home in a lovely centrally located neighborhood featuring a total of 3 bedrooms and 3 full bathrooms.The main house offers 2 bedrooms and 2 full bathrooms, a great size open-concept kitchen and living area, with access to the garage and laundry area. Above the garage is a spacious 1-bedroom, 1-bathroom unit with a full kitchen, private entry, and side yard.The garage has been thoughtfully curated to offer organized storage for all the adventure toys, tools, a dedicated area for laundry, and even creating a useful workspace.Resource conserving dry-landscaping installed, that is low-maintenance, environmentally friendly and attractive. With the addition of a fabulous row of flourishing, mature raspberry plants just out the back door!Some highlight features include a new roof, new floors throughout, new appliances, and a 2-car garage.This property is ideal for various styles of living; whether you decide to call this entire property home with a guest unit, you capitalize on the house-hacking opportunity, or rent out the whole place, the possibilities for this home are abundant!$10,000 CREDIT OFFERED TO BUYER'S CLOSING COST!
This triplex is located in the highly coveted 600-block of Al Tahoe, only 500' from the meadow and trails leading to Trout Creek and Secret Beach, along the shore of Lake Tahoe. Only a bike ride from restaurants, pubs, shopping and Lakeview Commons, the property is as central to the city limits as can be found. Constructed mostly of concrete cinder block, the structure is very low maintenance and more resistant to fire. The massive paving stone driveway provides parking for 8-10 vehicles. Current rents are well below market, especially for this sought after and serene location.
Great income property or developers dream. One acre parcel zoned Residential/Commercial in the Tahoe Valley Area Plan, with higher density residential capabilities. Existing duplex, each with 2 bdrms. 1 bath and approx. 1500 sq. ft of commercial space. Previously used as a dance studio & event center, could be converted into contractor storage/business space or convert to a living unit. Additional one acre adjoining parcel #032-161-004 also available.
South Lake Tahoe is located in California. South Lake Tahoe, California has a population of 21,355. South Lake Tahoe is less family-centric than the surrounding county with 29.06% of the households containing married families with children. The county average for households married with children is 30.32%.
The median household income in South Lake Tahoe, California is $57,976. The median household income for the surrounding county is $88,770 compared to the national median of $69,021. The median age of people living in South Lake Tahoe is 39 years.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 23.3 inches per year, with 142.4 inches of snow per year.
