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852 Lakeview Avenue

South Lake Tahoe, CA 96150
  • $1,299,000
  • STATUS: Active
  • ON SITE: 109 Days
  • ID#: OC23152857
UPDATED: 17 min ago
$1,299,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1939
County:

School Ratings & Info

Listing Agent(s): Robert Arthur of Redfin (877-973-3346)


Description

Incredible investment opportunity! This fully remodeled fourplex, ideally located across the street from Lake Tahoe and Regan Beach, offers both beauty and high returns. Generating an impressive $10,900 per month in revenue, this property has undergone extensive interior and exterior renovations, ensuring a modern and attractive living space. Don't miss out on this rare chance to own a lucrative and beautifully updated fourplex in this highly sought-after location.Property comes with 2 APN's. 026-035-017-000 and 026-035-018-000Combined lot size is 11,328 sq ftCheck with City of South Lake Tahoe to determine development potential.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/142512640
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852 Lakeview Avenue South Lake Tahoe, CA 96150

  • Price: $1,299,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 17 min ago
  • ID#: OC23152857
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1939
Built
Neighborhood:
TAHO - Lake Tahoe Area
County:
El Dorado
Area:
TAHO - Lake Tahoe Area
Property Description
Incredible investment opportunity! This fully remodeled fourplex, ideally located across the street from Lake Tahoe and Regan Beach, offers both beauty and high returns. Generating an impressive $10,900 per month in revenue, this property has undergone extensive interior and exterior renovations, ensuring a modern and attractive living space. Don't miss out on this rare chance to own a lucrative and beautifully updated fourplex in this highly sought-after location.Property comes with 2 APN's. 026-035-017-000 and 026-035-018-000Combined lot size is 11,328 sq ftCheck with City of South Lake Tahoe to determine development potential.
Exterior Features

Entry Level 1 Entry Location one level Lot Features Yard Number Of Separate Electric Meters 4 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingLake Electric Expense 6721 Fuel Expense 0 Garage YN No Gross Income 10900 Gross Scheduled Income 130800 Insurance Expense 7347 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 116732 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 14068 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 10900 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning TC



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Robert Arthur of Redfin (877-973-3346)