Seize the chance to own a piece of Lake Tahoe's paradise with an unparalleled investment opportunity. Ideally located in the popular Al Tahoe neighborhood of South Lake Tahoe, this property offers a rare chance to embrace the quintessential Lake Tahoe lifestyle. Situated directly across from the pristine shores of Lake Tahoe and Regan Beach Park, and just moments away from the exhilarating slopes of Heavenly Ski Resort and downtown entertainment. Dining, shopping and popular bike paths are all within walking distance.This dwellings currently features a spacious duplex along with the potential to expand to a triplex.Each unit features two bedrooms, an open living area, and a full bath, providing comfortable living spaces for residents or vacationers. The downstairs area includes an additional area which would serve well as an office space or a possible small third bedroom. This unit also offers laundry connections for convenience.Not only does each unit offer plenty of elbow room, they each feature large private decks which are perfect for relaxing or entertaining.Tucked away at the rear of the property is a charming small cabin with electricity, ideal for a personal studio or additional storage.This property not only allows you to maintain your own retreat in the heart of Lake Tahoe but also offers the potential to generate rental income. Whether you're looking for a vacation home, an investment property, or both, this duplex presents a compelling opportunity in one of Lake Tahoe's most coveted neighborhoods.
Discover your dream retreat at 1392 Wildwood Ave, a rare multi-family property nestled at the base of Heavenly Valley Ski Resort in scenic South Lake Tahoe. This exclusive offering includes two charming cabins on a spacious 12,197 sqft lot adjacent Forest Service Land, ensuring pristine views and privacy.The main cabin is well maintained, featuring 3 cozy bedrooms, 2 modern bathrooms, and a single car garage. Revel in the warmth of the gas fireplace in the living room, perfect after a day on the slopes. The kitchen, equipped with a gas stove, and the dining area on the main level are ideal for gathering friends and family. The second cabin, an equally inviting space, offers a Two-bedroom, one-bathroom layout.Both cabins boast double pane vinyl windows and sunny decks that invite you to relax and enjoy the mountain ambiance. The real allure, however, is the location. Living here means the ski lift is just a short walk away, and adventures are always right outside your door.Whether you're a skiing enthusiast, an outdoor adventurer, or an investor looking for a unique rental opportunity, these cabins provide the perfect blend of accessible wilderness and comfortable living. Don't miss out on this chance to turn every weekend into a mountain getaway at one of South Lake Tahoe's most desirable locations!
An incredible income opportunity in the heart of South Lake Tahoe. This 4-plex has beautiful updated interiors and excellent rental history making this a solid investment. One studio, one 3 bedroom/2 bath and two 3 bedroom/1 baths. Each unit comes with a designated carport and a large parking pad gives extra space for off-street parking. Walk to Bijou elementary, the Whole Foods center, beaches, Ski Run and just minutes to Heavenly, the casino corridor, restaurants and all that South Lake has to offer.
*AWARD WINNING RESTAURANT & 25 UNITS!!* *DESIRABLE LOCATION ON HWY 89, NEAR "THE Y" * *3 STREET FRONTAGE* *4 SEPARATE BUILDINGS* *RESTAURANT FEATURES 2 BARS, 4 BATHROOMS, ADA COMPLIANT * *INDOOR/OUTDOOR SEATING, SPECIAL EVENTS, WEDDINGS * *STABLE COMMERCIAL TENANT, 3% ANNUAL INCREASES PLUS OVERAGES* *IDEAL APARTMENT FOR OWNER/OCCUPANT OR MANAGER* *PLEASE DO NOT DISTURB RESIDENTIAL OR COMMERCIAL TENANT*
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.
This centrally located duplex is adjacent to Pioneer trail, providing immediate access to transit, as well as to Heavenly Ski Resort, the casino corridor and the lake. The lot gets all-day sunshine and adjoins a conservancy owned parcel for added privacy. Each unit has their own 1-car garage, plus a large parking area for multiple extra vehicles. One unit is month-to-month and the other is working on a 6-month lease, but both are renting for far less than current market rates.
Well Maintained 4 Plex investment opportunity. Spacious townhome style units with downstairs living. All units have indoor laundry, fenced yards, covered parking and are separately metered. Unit 1 is larger, and has open kitchen living, an extra bath and a freestanding gas fireplace. Newer roof and backyard fencing. Great mid town location close to shopping, bus routes, and restaurants. Tahoe offers a long term solid rental market, this property has had no vacancies and is in demand with the covered parking.
Welcome to your next investment opportunity at 1069 Moss Rd, South Lake Tahoe, CAa multi-family property with potential nestled in the Stateline area. This property has a total interior space of 1,593 sq ft, thoughtfully divided into two existing units with the possibility of rehabbing a third.The main residence features a cozy 2-bedroom, 1.5-bathroom cabin, where warmth and charm fill the living area, enhanced by an open-burning fireplace and delightful knotty pine plank paneling. The kitchen is equipped with a classic Wedgewood gas stove and a separate dining space, perfect for creating memorable meals. Adjacent to the kitchen, you'll find a spacious area ideal for storage needs.Attached to the rear of the cabin is a 1-bedroom, 1-bathroom unit. Previously occupied in 2002, this space requires updates and provides a canvas for customization. Additionally, a gutted structure presents an exciting opportunity for the construction of a third studio unit, offering further income potential.This property is centrally located, ensuring easy access to local community features, including proximity to bus stations and essential amenities which are just a short distance away. Ideal for an investor looking to capitalize on the demand for residential rentals in South Lake Tahoe, this property offers both immediate accommodations and the potential for future development.
Four large units with upgrades. GSI - $72K. Close to everything; beach, heavenly resort, shops, restaurants and Ski Run Blvd. events such as street fairs, farmers markets and Tahoe's famous nightlife!Located in a Opportunity Zone and the Tourist Corridor, providing tax incentives and favorable zoning for conversions to condos and nightly rental possibilities.
Great investment opportunity on Gardner Mountain. This is two unit property is comprised of two separate homes. Main unit - three bedroom, one bathroom, 925s. The detached back unit is a one bedroom, one bathroom home including a loft area, mud room, and a covered front porch is 660sf. Near Tahoe Mountain for hiking, mountain bike riding, close proximity to Camp Richardson, beaches, dining and world class ski resorts.
Welcome to your newly remodeled duplex nestled in the Al Tahoe area of South Lake Tahoe, just a stone's throw away from the shimmering lake and vibrant entertainment scene. This property offers the perfect blend of convenience and comfort, boasting a prime location just minutes from restaurants, shops, and the excitement of South Lake Tahoe.Renovated in the summer of 2023, this duplex showcases a host of modern upgrades and improvements, ensuring a cozy and inviting atmosphere for its residents. The recent renovations include a brand-new composition roof with a 30-year rating, providing peace of mind for years to come. The addition of all-new redwood fencing adds both privacy and charm to the property.Step inside to discover a beautifully remodeled kitchen, featuring top-of-the-line Home Decorators Collection cabinets, granite countertops, and sleek new appliances. The addition of Pex plumbing throughout, along with new fixtures in the shower, bathtub, and toilets, ensures efficiency and reliability.The property has been completely rewired with 3-wire grounded outlets and new electrical fixtures, providing a safe and modern living environment. New Mohawk brand waterproof vinyl plank flooring spans throughout, offering durability and easy maintenance. With new insulation in the attic and crawl space, as well as all-new interior doors, this duplex combines style with energy efficiency.For added convenience, each unit is equipped with 20-minute fire-rated doors, ensuring safety and security for residents. The shared laundry room features individually keyed doors for each unit, providing peace of mind and privacy.Additional upgrades include fresh interior paint, new window coverings, and a new bear box, adding the finishing touches to this meticulously renovated property. Whether you're looking for a primary residence or an investment opportunity, this duplex offers the perfect blend of modern amenities and Tahoe charm. Don't miss your chance to call this stunning property home or take advantage of the investment opportunity and enjoy cash flow for years to come.Live in one unit as an owner occupied property and possibly rent the other unit on a short term basis as a hosted rental.Property is titled as a duplex but can be used as a single family home with 2 beds and 2 baths with a 2nd small kitchenette in the 2nd bedroom.
A 12 unit multi-family property 100% leased to a corporate credit tenant as a master lease for five (5) years with six (6) percent annual rental increases and two (2) one (1) year options. Lessee is responsible for utilities, maintenance, and management. The property is comprised a 10 unit multi-unit building and two (2) freestanding two (2) bedroom houses. The property has recently gone under a full remodel and in brand new condition with all new updated appliances.
This modern remodeled triplex in a prime location is a dream come true! In all units, gourmet kitchens feature custom wood cabinetry, stainless steel appliances, & granite slab counter tops. Bathrooms redone with travertine natural stone flooring and showers, rich dark wood vanities, and designer lighting and trim. Additional upgrades include hand scrapped hardwood flooring, recessed lighting and upgraded electrical and plumbing, forced air heater, additional laundry room, surround sound in Unit 1, heated towel rails, lighting in wardrobes. The triplex features two downstairs units with 2 bedrooms & 1 bath with an additional third unit upstairs featuring one bedroom and one bath. The lot features individually fenced yards, covered porch, storage shed (8x12 Tuff Shed), bear box, ample driveway parking & over-sized two car garage. Located on the bike trail that leads directly out to the beautiful beaches on Lake Tahoe, & restaurants, amenities and endless trails nearby.
Are you seeking to grow your real estate holdings or acquire a multi-family property where you can reside in one unit while generating income from the other? If so, this opportunity is tailor-made for you. This duplex boasts two well-appointed 1-bedroom, 1-bathroom units featuring upgraded windows and a newish roof. Situated within walking distance to Stateline, you'll enjoy easy access to Heavenly, the vibrant casino scene, shopping, and nightlife. Additionally, the property is conveniently close to the lake and Van Sickle State Park for outdoor enthusiasts. Bus service is also located nearby.Unit A offers a washer/dryer hookup in the kitchen area and includes a cozy side yard.Unit B, currently configured as a 1-bedroom, 1-bathroom, was originally a 2-bedroom unit, presenting an opportunity to revert it back to its original layout. This opens the possibility of adding a laundry hookup and potentially an extra bathroom.Positioned at the rear of the lot, the property offers room for expansion or the addition of garages, providing flexibility for future enhancements.The potential for this property is boundless, offering numerous possibilities for both investment and personal use.
Newer 4LEAF,Inc (2020)green energy efficient home includes 3 BD(1 Master) 2BA upstairs +600 sqft finished bonus room downstairs(1900+ sqft total) with oversized 2 car garage. House features include Corian countertops, Energy Star appliances, nice wood laminate flooring through out, pellet stove, on demand H2O heater, AC, and wiring for EV hookups and hot tub. Nice deck off kitchen and an additional sewer unit (to add 3rd bathroom downstairs). Original 1965 1BD-1BA cabin with full kitchen and laundry, features newer flooring, Roof and exterior paint. Both units occupied by month to month tenants.Great Location with unbuildable lot behind, close to Stateline and Heavenly. Please contact Listing Agents for Showing Instructions.
REDUCED $200,000! All Four Units are Large Two Bedroom, One Bathroom Units with Shared Fenced Back Yard. Walking Distance to Lake Tahoe Beaches. Tenants have off-street parking and carport. Each apartment has separate meters and storage units with laundry hookups. This is a great income property in clean condition. Some upgrades in each unit. Tile floors in kitchens and bathrooms, laminate flooring and carpet in living rooms and bedrooms. Close to shopping, restaurants, banks, bowling, ski resort and casinos. A lot of potential with this property. You can rent out three of the units and keep a unit for yourself to enjoy everything Tahoe has to offer.
Lovely upgraded duplex surrounded by beautiful aspens and conveniently located. Only 1/2 mile to Ski Run Marina and Beach, 1 1/2 miles to Heavenly Ski Resort, and 1 mile to the Heavenly Village Shopping Center and Casino Core area. Sunny location near to bus lines and just close enough to Lake Tahoe Blvd for easy access yet far enough away to not have loud road noise. Aspens in yard and surrounding properties offer a lovely sight in the fall when the leaves change. Vacant parcels to the right and the street behind offer privacy.Shared front entry foyer with Unit 1's door on the left and Unit 2 on the right, allowing for warm entry during winter months. Parking for 4 vehicles in the shared driveway. Seperate gas/power meters & seperate back yards. Laundry hookups in each unit.All windows were replaced a couple years ago, bear box was installed, and fencing was redone. Unit 1 had it's interior updated very recently.
Are you seeking an investment that delivers LONG, LONG, LONG TERM tenants? If so, continue reading about this fantastic 7 unit apartment investment opportunity.This property provides EASY living that tenants appreciate and are willing to pay for. These cozy updated, ground floor (NO STAIRS) apartments have front and back exterior spaces, on site laundry, new & newer finishes. The pine tree laced neighborhood is quiet, and removed from the hustle, yet close to stores, restaurants, medical facilities and public transport. Recent improvements have been completed. This property has Excellent rental income with potential of allowable increases. All units are rented. Great location, updated units and strong rental demand makes this an Excellent investment opportunity of a high producing asset for your portfolio.All this in Beautiful Lake Tahoe! Come take a look today!
Rare opportunity. Five-unit apartment complex located in the popular Gardner Mountain neighborhood on .25 acres. The national forest is a quick walk away and offers extensive trails for hiking and biking, Pope Beach is less than 1.5 miles away, and the property is within minutes of travel to stores, restaurants and South Tahoe High School. Undeveloped land on all 3 corners surrounding the complex which offers peaceful and inviting views.All five units are two bedrooms and one bathroom with a spacious, open floor plan. The driveways easily hold 2 cars for each unit with convenient access to all the units. Inside the garage is built-in storage for each unit, as well as open storage for all the tenants, along with a washer and dryer available for all tenants.An excellent opportunity for a 1031 Tax Deferred Exchange.
South Lake Tahoe is located in California. South Lake Tahoe, California has a population of 21,680. South Lake Tahoe is less family-centric than the surrounding county with 27.9% of the households containing married families with children. The county average for households married with children is 30.63%.
The median household income in South Lake Tahoe, California is $45,223. The median household income for the surrounding county is $74,885 compared to the national median of $57,652. The median age of people living in South Lake Tahoe is 38 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 30.9 inches per year, with 407.4 inches of snow per year.
