NOT LISTED FOR SALE

3773 Pioneer Trail South Lake Tahoe, CA 96150

5 Beds
4 Baths
2,650 Sq Ft
0.84 Acres

Last Sold April 07, 2021

Last sale price $3,295,000 $1,243 Per Sq Ft

189 Days on Market

Highlights

  • 0.84 Acre Lot
  • Double Pane Windows
  • Baseboard Heating
  • No HOA

About This Home

As of April 2021

Amazing investment opportunity to own a well performing complex in an area with highly restrictive building regulations. This four building townhouse style complex has been remodeled and includes new kitchens & baths with granite counters, new roofs, landscaping , door & windows and remodeled interiors. Additionally, the property has its own rental website and onsite security cameras. The complex has a mix of 12 one bedroom and 6 two bedroom units. Some tenants have resided there for over 20 years. The property is located in the highly desirable area of South Lake Tahoe that is within walking distance to Heavenly Village & Ski resort. South Lake Tahoe has some of the most restrictive regulations on new building in the country, which makes competing developments almost impossible to build.

Last Agent to Sell the Property

John McIntosh

John E McIntosh, Broker License #00869561 Listed on: 06/30/2020

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,950

Year Built

  • Built in 1974

Lot Details

  • 0.84 Acre Lot

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Parking

  • 26 Open Parking Spaces
  • 26 Parking Spaces

Utilities

  • No Cooling
  • Baseboard Heating
  • 220 Volts

Listing and Financial Details

  • Security Deposit $18,000
  • Tenant pays for electricity gas
  • Assessor Parcel Number 029-181-001

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 18 Units

Building Details

  • 18 Leased Units
  • 10 Units Leased Month-To-Month
  • Insurance Expense $11,700
  • Net Operating Income $190,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,950

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1974
  • Architectural Style: Ranch
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Disposal,Free Standing Electric Oven,Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Raised
  • Listing Price: 3345000.00
  • Patio And Porch Features: Uncovered Deck,Varies by Unit
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 26
  • Parking Features: 1 Space Per Unit
  • Total Parking Spaces: 26

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 220 Volts
  • Heating: Baseboard
  • Water Source: Public
  • Utilities Expenses: 5800

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Tahoe-Truckee

Lot Info

  • Zoning Description: muilti family
  • Lot Size Acres: 0.8393
  • Lot Size Sq Ft: 36560

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total Deposit: 18000
  • Total # Leasable: 18

Multi Family

  • Gross Income: 288000
  • Income Includes: Rent Only
  • Insurance Expense: 11700
  • Number of Leased Units: 18
  • Number of Month to Month Units: 10
  • Number of Units: 18
  • Units Furnished: None
  • Gross Income Multiplier: 1.000

Tax Info

  • Assessor Parcel Number: 029-181-001
  • Current RE Taxes: 33950
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Range of Values:

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Average Value
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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
04/07/2021 04/07/21 Sold $3,295,000 -1.5% $1,243 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
11/16/2020 11/16/20 Price Changed $3,345,000 -1.5% $1,262 / Sq Ft
10/14/2020 10/14/20 Price Changed $3,395,000 -2.9% $1,281 / Sq Ft
08/04/2020 08/04/20 Price Changed $3,495,000 0.0% $1,319 / Sq Ft
08/04/2020 08/04/20 For Sale $3,495,000 -11.5% $1,319 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $3,950,000 -- $1,491 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John McIntosh

    John E McIntosh, Broker

  • N

    Buyer's Agent in 2021

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 20037508

MetroList

APN: 029-181-35-100

California El Dorado County South Lake Tahoe 96150

3773 Pioneer Trail, South Lake Tahoe, CA

This home is located at 3773 Pioneer Trail, South Lake Tahoe, CA 96150 since 30 June 2020. This property was built in 1974. 3773 Pioneer Trail is a home located in El Dorado County with nearby schools including Sierra House 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.

MetroList IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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