South Lake Tahoe, CA 96150,940 Silver Dollar Ave
South Lake Tahoe, CA 96150,940 Silver Dollar Ave
South Lake Tahoe, CA 96150,940 Silver Dollar Ave
28
$1,240,000
$1,380,000
10.1%
Est.Price: ?

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0.38 Acres Lot

940 Silver Dollar Ave South Lake Tahoe, CA 96150

Est. payment /mo
SOLD DATE : 10/31/2023

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Key Details

Sold Price $1,240,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41035520

Sold Date 10/31/23

HOA Y/N No

Year Built 1962

Annual Tax Amount $4,512

Lot Size 0.380 Acres

Property Description

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

Location

State CA

County El Dorado

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Total Parking Spaces 7

Building

Lot Description Corner Lot, Street Level

Others

Tax ID 031284025000

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Raelene Sprague • Notable Real Estate
Bought with Tonya Colton • Notable Real Estate

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Chad Nason

Agent | License ID: 02009648

+1(562) 972-3274

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