$1,299,000
$100K PRICE DROP

Estimated payment $8,412/month

Total Views 7,896
5 Beds
5 Baths
3,216 Sq Ft
$404 Price per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Patio
  • Wood Siding
  • Double Pane Windows
  • Shed
  • 1-Story Property

About This Home

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.

Listing Agent

Deborah Sherry

Chase International - South La License #01898413 Listed on: 01/30/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.5 Acre Lot

Parking

  • 1 Parking Space

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5 Bedrooms
  • 3,216 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laundry in unit

Outdoor Features

  • Patio
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 032242019000

Community Details

Overview

  • 4 Units
  • W D Barton 2 Subdivision

Building Details

  • Gross Income $81,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Quadruplex
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1960
  • Miscellaneous: Separate Heat/Cool, Tenant Pays Utlities
  • Directions: Lake Tahoe Blvd to Tata Lane
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: W D Barton 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Windows: Single Pane, Double Pane
  • Bedrooms: 5
  • Laundry: In Unit
  • Price Per Square Foot: 403.92
  • Square Footage: 3216.00
  • Number Of Stories: One Story, Two Story

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Foundation: Slab, Post & Pier
  • Roof: Composition, Metal
  • Exterior Features: Storage Shed, Patio/Balcony

Garage/Parking

  • Number Grge Crprt: 1

Utilities

  • Heating/Cooling: Natural Gas
  • Utilities: NaturalGasAvailable
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.5000
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 21780.00
  • Price Per Acre: 2598000.00

Tax Info

  • Assessor Parcel Number: 032242019000

Multi Family

  • Total Units: 4
  • First Unit Bedrooms Bathrooms: 2 Beds - 2 Baths
  • Additional Assessor Parcel Numbers: 2650.00
  • Unit 2 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 2 Monthly Rent: 1100.00
  • Unit 3 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 3 Monthly Rent: 1350.00
  • Unit 4 Unit Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 4 Monthly Rent: 1650.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Price Changed $1,299,000 -7.1% $404 / Sq Ft
01/30/2025 01/30/25 For Sale $1,399,000 -- $435 / Sq Ft
Source: South Tahoe Association of REALTORS®

Similar Homes in South Lake Tahoe, CA

  • 3780 Stewart Way, South Lake Tahoe, CA 96150

    $1,050,000

    • 7 Beds
    • 6 Baths
    • 3,948 Sq Ft
    • 3780 Stewart Way
    • South Lake Tahoe, CA

    Introducing 3780 Stewart Way, a fully occupied 6-unit multi-family property situated in the heart of South Lake Tahoe's Stateline neighborhood. Listed at $1,050,000, this investment opportunity offers immediate and consistent cash flow in a high-demand rental market.The building is ideally located just minutes from Heavenly Ski Resort, the Stateline casinos, shopping, restaurants, and Lake

    Michelle BlueBenedict Berkshire Hathaway HS - SLT

    Section Image
  • 2165 Jean Ave, South Lake Tahoe, CA 96150

    $1,099,000

    • 7 Beds
    • 7 Baths
    • 4,116 Sq Ft
    • 2165 Jean Ave
    • South Lake Tahoe, CA

    Are you seeking an investment that delivers 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 coin laundry, 5 units have been recently remodeled.All units

    Jana Nelson Compass

    Section Image
  • 629 James Ave, South Lake Tahoe, CA 96150

    $999,000

    • 5 Beds
    • 3 Baths
    • 2,544 Sq Ft
    • 629 James Ave
    • South Lake Tahoe, CA

    This modern remodeled triplex in a prime location is a dream come true! All units feature a gourmet kitchens, 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

    Nicole Zaborsky Ascent Property Group

    Section Image
  • 2251 Venice Dr Unit A & B, South Lake Tahoe, CA 96150

    $1,200,000

    • 6 Beds
    • 4 Baths
    • 3,008 Sq Ft
    • 2251 Venice Dr
    • Unit A & B
    • South Lake Tahoe, CA

    Here's your chance to own a rare duplex in Tahoe Keys, one of only 4 multi-family properties available in this highly coveted waterfront community. Two spacious light & bright well designed 3 bedrooms, 2 bath units, each with single car garages and private fenced yards. The upstairs living floor plans are open with high knotty pine ceilings with sky lights, tile kitchens & baths, each with pellet

    Peter Delilli Sierra Sotheby's Int'l Realty

    Section Image
  • 1029 Reno Ave, South Lake Tahoe, CA 96150

    $1,080,000

    • 7 Beds
    • 7 Baths
    • 2,500 Sq Ft
    • 1029 Reno Ave
    • South Lake Tahoe, CA

    Seven rental units centrally located in South Lake Tahoe. 3 duplexes and one free standing studio unit. Units are on 3 separate land parcels and have 3 parcel numbers (1029 Reno 031-082-016, 1031 Reno 031-082-017, 1035 Reno 031-082-017), however all units are on 1 meter for gas and1 for electric. Buyer would have to separately meter the units and then could sell each parcel separately. Lots of

    Lloyd Aronoff RE/MAX Gold - SLT

    Section Image
  • 693 Modesto Ave, South Lake Tahoe, CA 96150

    $999,000

    • 7 Beds
    • 5 Baths
    • 3,328 Sq Ft
    • 693 Modesto Ave
    • South Lake Tahoe, CA

    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

    Mark Salmon Compass

    Section Image
  • 841 Merced Ave Unit 13, South Lake Tahoe, CA 96150

    $1,175,000

    • 5 Beds
    • 3 Baths
    • 2,152 Sq Ft
    • 841 Merced Ave
    • Unit 13
    • South Lake Tahoe, CA

    Rare Lake Tahoe Investment Opportunity Chalet Cabin + Duplex on One Lot.Superb location just 1 block from Lake Tahoe and Regan Beach.Live the Tahoe lifestyle while generating income! This exceptional property features a beautifully remodeled 3-bedroom chalet-style cabinplus a separate duplex with two 1-bedroom units all on a single lot.✨ Property Highlights: Charming 3-Bedroom

    Larry Sabo RE/MAX Gold - SLT

    Section Image
  • 3808 Larch Ave, South Lake Tahoe, CA 96150

    $999,000

    • 7 Beds
    • 4 Baths
    • 2,300 Sq Ft
    • 3808 Larch Ave
    • South Lake Tahoe, CA

    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

    Mark Salmon Compass

    Section Image

Source: South Tahoe Association of REALTORS®

MLS Number: 141157

South Tahoe Association of REALTORS®

APN: 032-242-19-100