NOT LISTED FOR SALE
6 Beds
5 Baths
2,340 Sq Ft
10,602 Sq Ft Lot

Last Sold October 05, 2022

Last sale price $1,000,000 $427 Per Sq Ft

7 Days on Market

Highlights

  • Fireplace
  • Laundry Facilities
  • Wood Siding
  • Double Pane Windows
  • High Speed Internet
  • 1-Story Property

About This Home

As of October 2022

Excellent investment opportunity in an amazing location! The Emerald Bay Courtyard Cabins have been well maintained and exudes Mountain charm. This 5-unit Multifamily property is just steps away from the scenic Baldwin Bike Path leading you to the most popular beaches in South Lake Tahoe, Camp Richardson Marina, Shopping, and more. These unique, cozy units were renovated 5/6 years ago, come fully furnished, have separate Gas/Electric meters, and are currently rented month-to month. Additionally, there is a shared on-site coin-op laundry room, bear boxes installed, designated parking, and a large common area with picnic tables & BBQ for tenants to enjoy. This property was previously a busy short term rental/Airbnb & is currently a successful monthly rental. High demand for monthly/seasonal rentals. Don't miss out on this opportunity & schedule a showing to see what else this property has to offer.

Last Agent to Sell the Property

Mark Dobson

Coldwell Banker Select - LTB License #01960455 Listed on: 08/31/2022

Coldwell Banker Select - LTB

Co-Listed By

Jordyn Dobson

Coldwell Banker Select - LTB License #01989326

Last Buyer's Agent

Alora Reynolds

Chase International - South La License #02087131

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1957

Lot Details

  • 10,602 Sq Ft Lot

Parking

  • 7 Parking Spaces

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6 Bedrooms
  • 2,340 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Crawl Space

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Master Meter
  • Community Well
  • Central Water Heater
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 5 Units
  • Laundry Facilities
  • Gross Income $74,940

Listing and Financial Details

  • Assessor Parcel Number 023111039000

Property Details

Home Type

Apartment

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Apt Build 5-12 Units
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1957
  • Miscellaneous: Master Meter-Gas, Master Meter-Electrc, Central Water Heater, Tenant Pays Utlities
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Windows: Double Pane, Vinyl Frame
  • Bedrooms: 6
  • Laundry: Common
  • Price Per Square Foot: 427.35
  • Square Footage: 2340.00
  • Number Of Stories: One Story

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Foundation: Concrete/Crawl Space
  • Roof: Composition, Shingle

Garage/Parking

  • Number Parking Spaces: 7.00

Utilities

  • Heating/Cooling: Natural Gas, Wall or Space Heater, Fireplace
  • Utilities: NaturalGasAvailable, Well - Community, City Sewer, Cable TV, High Speed Internet, Telephone
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.2434
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 10602.00
  • Price Per Acre: 4108463.43
  • Zoning: Multi-Family

Tax Info

  • Assessor Parcel Number: 023111039000

Multi Family

  • Total Units: 5
  • First Unit Bedrooms Bathrooms: Studio with 1 Bath
  • Additional Assessor Parcel Numbers: 1075.00
  • Unit 2 Bedrooms Bathrooms: Studio with 1 Bath
  • Unit 2 Monthly Rent: 1075.00
  • Unit 3 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 3 Monthly Rent: 1375.00
  • Unit 4 Unit Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 4 Monthly Rent: 870.00
  • Unit 5 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 5 Monthly Rent: 1850.00

Range of Values:

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Sold Price
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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
10/05/2022 10/05/22 Sold $1,000,000 -9.1% $427 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $1,100,000 -- $470 / Sq Ft
Source: South Tahoe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 136223

South Tahoe Association of REALTORS®

APN: 023-111-039-000