NOT LISTED FOR SALE

2538 Elwood Ave South Lake Tahoe, CA 96150

4 Beds
2 Baths
1,690 Sq Ft
4,792 Sq Ft Lot

Last Sold August 19, 2022

Last sale price $687,000 $407 Per Sq Ft

89 Days on Market

Highlights

  • Shed
  • Wood Siding
  • 1-Story Property
  • High Speed Internet

About This Home

As of August 2022

2538 Elwood is an amazing opportunity to purchase an updated duplex with an existing lease in one unit and the option to occupy or lease the other unit. The front space is fully furnished and boast numerous recent upgrades. The kitchen includes stainless appliances, butcher block counters, tile backsplash and a farmhouse sink. The living room boasts a gas fireplace that has a custom cement surround, wood mantle, and beadboard accent above. The bathroom features a subway tile shower, floating vanity and large medicine cabinet. A combo washer dryer provides in unit laundry. Smart lighting, Nest thermostat, security cameras, wall mounted TVs, and a tankless water heater are also included. The back unit also features many updates and has great long-term tenants with a current lease through October 2022. Located just off Sierra Blvd and walking distance to restaurants, shops, hiking trails, and the Upper Truckee River and Meadow. See bit.ly/2538Elwood for a full virtual tour.

Last Agent to Sell the Property

Michael Keller

Keller Properties License #01374418 Listed on: 04/22/2022

Last Buyer's Agent

Brandie Griffith

Realty World Lake Tahoe License #01961472

Realty World Lake Tahoe

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 4,792

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4 Bedrooms
  • 1,690 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Crawl Space
  • Laundry in unit

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • Water Heated On Demand
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Shed
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 031115014000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $12,069
  • Gross Income $54,000
  • Net Operating Income $41,930

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Duplex
  • AV Comments: exterior cameras
  • AV Surveillance: Yes
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1966
  • Miscellaneous: Sep. Water Heater, Separate Heat/Cool, Tenant Pays Utlities
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Windows: Metal Frame, Vinyl Frame
  • Bedrooms: 4
  • Laundry: In Unit
  • Price Per Square Foot: 406.51
  • Square Footage: 1690.00
  • Number Of Stories: One Story

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Foundation: Concrete/Crawl Space
  • Roof: Pitched, Composition
  • Exterior Features: Storage Shed

Garage/Parking

  • Number Parking Spaces: 4.00

Utilities

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

Lot Info

  • Acres: 0.1100
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 4792.00
  • Price Per Acre: 6245454.55

Green Features

  • Green Features: On Demand H2O Heater

Rental Info

  • Effective Rental Income: 54000.00
  • Rental Agrmton File: Yes
  • Rnt Scheduleon File: Yes

Tax Info

  • Assessor Parcel Number: 031115014000

Multi Family

  • Total Units: 2
  • First Unit Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Additional Assessor Parcel Numbers: 2400.00
  • Unit 2 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 2 Monthly Rent: 2100.00

Range of Values:

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List Price
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
08/19/2022 08/19/22 Sold $687,000 -1.7% $407 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $699,000 0.0% $414 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $699,000 -- $414 / Sq Ft
Source: South Tahoe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Keller

    Seller's Agent in 2022

    Michael Keller

    Keller Properties

    (530) 307-0027

    94 in this area

    99 Total Sales

    Michael Keller
    Section Image
  • Brandie Griffith

    Buyer's Agent in 2022

    Brandie Griffith

    Realty World Lake Tahoe

    (775) 901-2751

    89 in this area

    121 Total Sales

    Brandie Griffith
    Section Image
See All Agents

Map

Source: South Tahoe Association of REALTORS®

MLS Number: 135589

South Tahoe Association of REALTORS®

APN: 031-115-14-100

California El Dorado County South Lake Tahoe 96150

2538 Elwood Ave, South Lake Tahoe, CA

This home is located at 2538 Elwood Ave, South Lake Tahoe, CA 96150 since 22 April 2022. This property was built in 1966. 2538 Elwood Ave is a home located in El Dorado County with nearby schools including Tahoe Valley Elementary School, South Tahoe Middle School, and South Tahoe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Tahoe Association of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
© Copyright South Tahoe Association of Realtors.

Based on information from the South Tahoe Association of REALTORS® MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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