South Lake Tahoe CA Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 140972
- Subdivision:
- Nagy
ADDITIONAL INFORMATION
Nestled in the scenic beauty of South Lake Tahoe, this charming duplex investment opportunity offers a great occasion for owner-occupants and investors alike. The duplex features two separate units with Unit #1 rented to a reliable tenant with Unit #2 soon to be vacant and available for possible occupancy for the discerning buyer. This well-maintained, single-story duplex offers 2-bedroons and 1-bathroom in each unit, spacious living areas with updated kitchens and flooring, modern appliances, and cozy living rooms with built-in fireplaces perfect for the cold winter nights. The generous backyard area opens up to an incredible view of the entire Bijou Meadows conservancy area with the hiking and biking trail a 1/2 block away. Each unit has a carport with additional parking. Located just minutes from Lake Tahoe, shopping, dining, and entertainment. This property is perfect for those who want to experience everything the area has to offer.
$3,186,000
1057 Fern Road South Lake Tahoe, CA 96150
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 140934
- Subdivision:
- Lakeside Park
ADDITIONAL INFORMATION
New Construction Multi-Family! Own a 5-Units Property in the HEART of South Lake Tahoe! LOCATION is the KEY!!! Perfectly located right next to Heavenly Village shopping center. This new construction multi-family property is a dream investment. Just a 5-min walk to Heavenly Gondolas, Hiking, Biking and the best restaurants in-town, and a short 10-min walk to the Casinos, You'll be surrounded by all the fun and convenience Tahoe has to offer. Plus, the newly built Convention Center is only a 14-min walk away and a 5 min drive to the beach. With modern mountain finishes and a completion date set for the summer of 2025, these brand new units are a must-see. Designed and Built by SHEMSS - You know you're getting Quality and Style. Don't miss out on this incredible opportunity! Property next door located at 1065 Fern rd is going up for sale too
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.63 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 224104977
View additional info
Courtesy: Marcus & Millichap Real Estate
909-5450
ADDITIONAL INFORMATION
Leawood Apartments, a 100% renovated 13-Unit apartment community nestled in the resort town of South Lake Tahoe, California. The community features one Studio, 5 One Bedroom / One Bathrooms, 5 Two Bedroom / One Bathrooms, and 2 Three Bedroom / One Bathroom units. Current ownership has finished renovations on 12 of 13 unit interiors with the remaining one currently being renovated as of October 2024.Typical renovation includes LVP flooring, quartz countertops, new appliances, and new / refinished cabinetry. A study of nearby competitive sets suggests that Leawood's renovations are done to a higher level than most in the immediate neighborhood, thus commanding much higher rent. The property also received an exterior facelift with new paint, doors, and a new roof all within the last few years.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- 140683
- Subdivision:
- Unavail
ADDITIONAL INFORMATION
Nestled in the heart of South Lake Tahoe, this charming mountain duplex offers a rare opportunity for savvy investors. With a total of 1,040 square feet of livable space, this multi-family home boasts one bedroom and one bathroom in each unit, providing ample space for comfortable living or lucrative rental income.Situated on a spacious lot, this property features off-street parking for two vehicles under a beautiful painted carport, ensuring convenience for residents and guests alike. The interior showcases a delightful blend of mountain charm and modern amenities.Equipped with a gas heating system and a comprehensive array of appliances, including a refrigerator, microwave, cooktop, and oven, this property offers a seamless living experience. The laundry facilities conveniently located in the kitchen add to the practical appeal. With a tar/gravel roof and public water utilities, this 1959-built gem is a testament to enduring quality.PLEASE DO NOT DISTURB TENANTS
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.5 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- 140668
- Subdivision:
- W D Barton Tr
ADDITIONAL INFORMATION
Five Apartments. Multi family 5 unit property in a great location. Excellent opportunity for investment or owner can occupy one or more units. Sitting on a half acre, lot is set back from the road for privacy. The property has a duplex and a triplex. Many owner upgrades include newer roof, windows and paint. Interiors have been upgraded as well. Presently fully rented. Separately metered. Conveniently located to everything Lake Tahoe has to offer.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- 140902
- Subdivision:
- Lakeside Lodge
ADDITIONAL INFORMATION
Check out Video: https://listings.mousepadreno.com/videos/0190a268-73f2-7332-ba78-97d0d3b9e769Short Term Tourist Rental/ VHR 7 unit Investment opportunity in the heart of downtown South Lake Tahoe's Tourist Core Zone; Heavenly Ski Gondola, Heavenly Village, shopping, movie theatre, ice skating, casinos, the beach, and the new Convention and Event Center, are all within walking distance. Perfectly located at the end of a quiet Cul-De-Sac on the lakeside of HWY 50, without thru-traffic, and adjacent to open+ scenic space. Currently operating with seven units, all equipped for self-catering, one unit is a three bedroom apartment with full kitchen and dining area plus living room- could be used as owner's quarters or stay as profitable rental, two units are 1-bedrooms with living room, and 4 units are studios with kitchenettes. All units are newly and beautifully furnished throughout and with upgrades done in 2022. There is an additional large laundry/ storage/ workshop area that could be further developed. Currently fully operated by a management company as Pine Tree Place units #1- #7. Popular in the winter ski season, the summer lake season with water sports and beach nearby, plus additional concerts and events for year-round fun. Great blue-chip investment in prime downtown area. Call for details.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 140516
- Subdivision:
- W D Barton Tr
ADDITIONAL INFORMATION
Perfect opportunity to enter home ownership. MAKE ONE UNIT YOUR HOME AND THE RENT THE OTHER TWO FOR INCOME!1166 Bonanza, South Lake Tahoe, CA, is a versatile triplex property offering an excellent investment opportunity in a prime location. Situated in the beautiful and serene environment of South Lake Tahoe, making it a desirable place to live or rent. This property provides a great opportunity to own a triplex in one of California's most scenic and sought-after locations, making it an ideal investment for those looking to capitalize on the area's strong rental market. Each unit is a 2 bedrooms, 1 bath townhome with covered carport and room for tandem parking
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 140517
- Subdivision:
- Pinewood Terrace
ADDITIONAL INFORMATION
Located just minutes from Lake Tahoe's beaches, ski resorts, and the downtown area of South Lake Tahoe, 1026 Glen Road is an outstanding investment opportunity in one of California's most desirable locations. This property is comprised of 5 1 bedroom, 1 bath units. Walking distance to Stateline, easy access for stateline employees. Close to public transportation and shopping.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1931
- Baths:
- MLS#:
- 140521
- Subdivision:
- Harlow Acres
ADDITIONAL INFORMATION
Back on the market!! Take a step back in time. These 2 adorable log cabins were actually built in 1913 way before the record keeping by the city with the current assessment showing its age of 1931.Both front and back cabins are 540 sq ft each 1bd 1ba with small loft. The rear cabin has been upgraded all to code without compromising on its unique log cabin feel. Everything from the electrical, plumbing, foundation, fencing, bear box, plank flooring, fireplace, chinking, kitchen appliances and bath fixtures.The front cabin is in need of a re-do but what fun for someone with an eye to creativityThis is a one of a kind property that borders a non buildable lot which gives you a real meadow feel while sitting on your decks. Location location is another plus! Whole Foods is a stones throw away, as well as our beautiful Lake and Tahoe all year fun within walking distance. A wonderful investment that you will want to keep in the family for generations to come.
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.25 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- 140505
- Subdivision:
- Bijou Park Addition
ADDITIONAL INFORMATION
Exceptional investment opportunity with an attractive CAP rate and current maintenance items performed! Offered for sale is a 27-unit apartment complex occupying two large parcels: 3590 Tamarack Avenue and 1160 Bowers Avenue. Fully occupied, minus the showing unit, this complex has a steady income history and many upgrades! Rents are current! Each unit has individual gas meters, electric has sub-meters and several units have been completely remodeled with contemporary gray tones, shaker-style cabinetry, quality laminate flooring, granite slab counters, and stainless steel appliances. Increase your CAP rate by renovating the remaining units and increasing rents, respectively. Additional streams of income include optional, independently rented garage spaces and two separate on-site coin laundry facilities. Both of the addresses have their own manicured courtyard with lush lawns and irrigation. Beside each address are Forest Service/Conservancy parcels for added privacy and buffering. The entire complex parking areas have been sealed and meticulously repaired this season and have clearly marked designated parking spaces for each unit. Newer roofs, 2008 & 2022, recent exterior paint, and vinyl windows have already been done for you! Near grocery shopping, recreation, the tourist core, and bus lines, getting around town is a breeze from this location!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1974
- Baths:
- MLS#:
- 140495
- Subdivision:
- Tahoe Sierra 3
ADDITIONAL INFORMATION
Searching for that perfect rental opportunity in Tahoe? Well look no further than this sizeable multi-family home in a lovely centrally located neighborhood featuring a total of 3 bedrooms and 3 full bathrooms.The main house offers 2 bedrooms and 2 full bathrooms, a great size open-concept kitchen and living area, with access to the garage and laundry area. Above the garage is a spacious 1-bedroom, 1-bathroom unit with a full kitchen, private entry, and side yard.The garage has been thoughtfully curated to offer organized storage for all the adventure toys, tools, a dedicated area for laundry, and even creating a useful workspace.Resource conserving dry-landscaping installed, that is low-maintenance, environmentally friendly and attractive. With the addition of a fabulous row of flourishing, mature raspberry plants just out the back door!Some highlight features include a new roof, new floors throughout, new appliances, and a 2-car garage.This property is ideal for various styles of living; whether you decide to call this entire property home with a guest unit, you capitalize on the house-hacking opportunity, or rent out the whole place, the possibilities for this home are abundant!$10,000 CREDIT OFFERED TO BUYER'S CLOSING COST!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1975
- Baths:
- MLS#:
- 140480
- Subdivision:
- Markofer
ADDITIONAL INFORMATION
Great duplex is close to Heavenly Valley Ski Resort. Unit 1A/Right is 3 Bedrooms, 2 Bath, 1 car garage. Unit 2B/Left is 2 Bedrooms, 2 Bath, 1 car garage. Total square footage is 2168 SF. Duplex is located in a quiet neighborhood but close to many other venues: the Farmers Market on Ski Run Blvd; Ski Run Marina; the casino corridor with shops, restaurants, movie theatre and the exciting casino action venues, all located only minutes away! Units feature:Livingrooms are open beam ceiling with gas fireplaces. Larger (main) bedrooms have open beam ceilings. Shared/common private backyard with beautiful trees for both units to enjoy. The units have long-term, excellent reliable tenants who have enjoyed living there for many years. Good income for this property! If you are searching for a great investment property look no further!
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- 140253
- Subdivision:
- Al Tahoe 1
ADDITIONAL INFORMATION
This triplex is located in the highly coveted 600-block of Al Tahoe, only 500' from the meadow and trails leading to Trout Creek and Secret Beach, along the shore of Lake Tahoe. Only a bike ride from restaurants, pubs, shopping and Lakeview Commons, the property is as central to the city limits as can be found. Constructed mostly of concrete cinder block, the structure is very low maintenance and more resistant to fire. The massive paving stone driveway provides parking for 8-10 vehicles. Current rents are well below market, especially for this sought after and serene location.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.53 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 140044
- Subdivision:
- Bijou Park
ADDITIONAL INFORMATION
A 12 unit multi-family property 100% leased to Vail Resorts as a master lease for five (5) years with six (6) percent annual rental increases and two (2) one (1) year options. Lessee is responsible for utilities, maintenance, and management. The property is comprised a 10 unit multi-unit building and two (2) freestanding two (2) bedroom houses. The property has recently gone under a full remodel and in brand new condition with all new updated appliances.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.98 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- 136983
- Subdivision:
- W D Barton Tr
ADDITIONAL INFORMATION
Great income property or developers dream. One acre parcel zoned Residential/Commercial in the Tahoe Valley Area Plan, with higher density residential capabilities. Existing duplex, each with 2 bdrms. 1 bath and approx. 1500 sq. ft of commercial space. Previously used as a dance studio & event center, could be converted into contractor storage/business space or convert to a living unit. Additional one acre adjoining parcel #032-161-004 also available.
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South Lake Tahoe Real Estate
The median home value in South Lake Tahoe, CA is $649,999. This is lower than the county median home value of $650,100. The national median home value is $338,100. The average price of homes sold in South Lake Tahoe, CA is $649,999. Approximately 24.55% of South Lake Tahoe homes are owned, compared to 30.86% rented, while 44.6% are vacant. South Lake Tahoe real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a South Lake Tahoe real estate agent to arrange a tour today!
South Lake Tahoe, California has a population of 21,355. South Lake Tahoe is less family-centric than the surrounding county with 29.06% of the households containing married families with children. The county average for households married with children is 30.32%.
The median household income in South Lake Tahoe, California is $57,976. The median household income for the surrounding county is $88,770 compared to the national median of $69,021. The median age of people living in South Lake Tahoe is 39 years.
South Lake Tahoe Weather
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 23.3 inches per year, with 142.4 inches of snow per year.