Homes for sale - 673 James AVE, South Lake Tahoe, CA 96150

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John Ruiz

john@johnruizrealty.com +1(916) 601-6227

$1,400,000

Est. payment - /mo

4,272 SqFt

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Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,272 sqft

Price per Sqft $327

MLS Listing ID 225092159

HOA Y/N No

Year Built 1965

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

Colliers is pleased to present 673 James Ave, a rare opportunity to purchase a well-kept and fully remodeled five-plex on an oversized lot located in the beautiful South Lake Tahoe area. The property is located just ten minutes from Heavenly ski Village and Stateline Nevada. The subject property was extensively remodeled, including new electrical and plumbing throughout both buildings while keeping a beautiful South Lake Tahoe look. It is truly a turnkey asset for the next investor. The property was originally built in 1965 but after a significant remodel it has the appearance of a newly constructed community that meets the gentrification rapidly occurring in South Lake Tahoe. The building consists of one- and two-bedroom units and plenty of on-site parking. There are two, 1-bedroom/1-bathroom units, one 2-bedroom/2-bathroom unit and two 2-bedroom/2-bathroom units with fireplaces. Each unit is individually metered for gas and electricity with the owner paying for water, sewer and garbage, common area lighting and heating of the water heaters. The property comes equipped with two parking garages/storage units that are both rented for $100/each adding an additional $2,400/ year in rental income.

Location

State CA

County El Dorado

Area 13301

Direction Corner of James Avenue and 12th Street in South Lake Tahoe CA

Interior

Heating Central, Wall Furnace, Hot Water, Varies by Unit

Cooling Central, Varies by Unit

Flooring Carpet, Vinyl, Varies by Unit

Equipment Low-Flow Toilet(s), Low-Flow Shower(s)

Laundry In Common Area, Varies by Unit

Exterior

Parking Features Attached, Off Street, Detached, Uncovered, Garage Door Opener

Utilities Available Natural Gas Connected, Cable Connected, Electric, Other

Water Access Desc Public,Other

Total Parking Spaces 5

Building

Lot Description None

Story 2

Foundation Raised, Slab

Sewer Sewer Connected, Public Sewer, Other

Water Public, Other

Schools

Elementary Schools Lake Tahoe Unified

Middle Schools Lake Tahoe Unified

High Schools Lake Tahoe Unified

School District El Dorado

Others

Senior Community No

Tax ID 023-151-023

Special Listing Condition Offer As Is, Other

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Listed by Collier's International CA, Inc.

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John Ruiz

+1(916) 601-6227

Agent | License ID: 02152039

Agent License ID: 02152039

673 James AVE South Lake Tahoe, CA 96150

John Ruiz

Key Details

Location

Interior

Exterior

Building

Schools

Others

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673 James AVE