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940 Silver Dollar Ave, South Lake Tahoe, CA 96150

Property

940 Silver Dollar Ave, South Lake Tahoe, CA 96150 Sold October 2023 CRMLS
$1,240,000Sold October 2023

Listing Agent: Raelene Sprague (DRE #00577360) · Listing Office: Notable Real Estate · Contact: 925-830-8888 · Bought with: Tonya Colton · Notable Real Estate · MLS #41035520 · Source: CRMLS

16,552 sqft
Lot Size
1962
Year Built
Property
Type
None
Cooling
WallFurnace
Heating
$4,512/yr
Taxes

About this property

Amazing investment opportunity. Two 4 plex units on one over sized corner lot. Each 4 plex has 1- 3 bedroom/ 1 bath, 2-2 bedroom/ 1bath and a 1-1 bedroom one bath. One 1 bedroom recently updated and currently a 3 bedroom unit is being updated. These units are very spacious. Most units are below market rents given long term tenancy and original condition. Great location, walking distance to lake and shopping. Surrounded by upscale single family homes. The units next door were sold earlier this year and are currently being renovated. The possibilities are endless. South Lake Tahoe has restrictive regulations on new building, that is why this is an attractive opportunity

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$1,240,000
Sold October 2023 · orig. $1,380,000, on market August 2023 · MLS #41035520 · Source: CRMLS
Listing Agent: Raelene Sprague · Listing Office: Notable Real Estate · Contact: 925-830-8888 · Bought with: Tonya Colton · Notable Real Estate
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