NOT LISTED FOR SALE

764 Merced Ave South Lake Tahoe, CA 96150

6 Beds
5 Baths
3,308 Sq Ft
5,001 Sq Ft Lot

Last Sold May 08, 2012

Last sale price $275,000 $83 Per Sq Ft

252 Days on Market

Highlights

  • Fireplace
  • Laundry Facilities
  • 3-minute walk to Thomas F Regan Memorial Park
  • Forced Air Heating System

About This Home

As of May 2012

Fabulous Investment property, 4-Plex with great rental history in Al Tahoe area, one block to Lake & Meadow. Newer roof & exterior paint, carports and coin operated laundry facility adding additional income. Unit's A & B two levels, upstairs living with 2 bedrooms, 1.5 baths, Units C & D upstairs each with 1 bedroom, 1 bath. Peak-a-boo lake view from the two upper units. Priced to sell. Live in one & Manage the other three. In Town, central location. Priced to SELL.

Last Agent to Sell the Property

Jacqueline Parenteau

Coldwell Banker McKinney License #01208432 Listed on: 07/19/2011

Last Buyer's Agent

John Peel

Chase International License #01035923

Chase International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,388

Year Built

  • Built in 1971

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 6 Bedrooms
  • 3,308 Sq Ft Home
  • 2-Story Property
  • Fireplace

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 026026221000

Community Details

Overview

  • 4 Units
  • Al Tahoe 1 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $7,432
  • Gross Income $35,700
  • Net Operating Income $31,668

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,388

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Duplex
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1971
  • Miscellaneous: Tenant Pays Utlities
  • Directions: Lake Tahoe Blvd., to Lakeview, to Berkeley, left on Merced.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Al Tahoe 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Windows: Metal Frame
  • Bedrooms: 6
  • Laundry: Common
  • Price Per Square Foot: 83.13
  • Square Footage: 3308.00
  • Number Of Stories: Two Story

Exterior Features

  • Construction: Wood Frame
  • Foundation: See Remarks
  • Roof: Flat, Asphalt

Utilities

  • Heating/Cooling: Forced Air, Natural Gas, Fireplace
  • Utilities: NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.1148
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 5001.00
  • Price Per Acre: 2395470.38

Rental Info

  • Rental Agrmton File: Yes

Tax Info

  • Assessor Parcel Number: 026026221000
  • Taxes: 4388.00

Multi Family

  • Total Units: 4
  • First Unit Bedrooms Bathrooms: 2 Beds 1.5 Baths
  • Unit 2 Bedrooms Bathrooms: 2 Beds 1.5 Baths
  • Unit 3 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 4 Unit Bedrooms Bathrooms: 1 Bed - 1 Bath

Range of Values:

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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
05/08/2012 05/08/12 Sold $275,000 -30.4% $83 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
07/19/2011 07/19/11 For Sale $395,000 -- $119 / 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: 118098

South Tahoe Association of REALTORS®

APN: 026-026-22-100