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2187 Lake Tahoe Boulevard $2,295,000

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    2187 Lake Tahoe Boulevard South Lake Tahoe, CA 96150

    • 0 Beds
    • 0 Baths
    • Multi-Family
    MLS# 19075099 | Active
    0 Views
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    Property Details

    Turn key investment opportunity. This motel has been completely remodeled and is an Exceptional Property in the South Lake Tahoe Single Room Occupancy program. It is fully leased to long term tenants, but the option of nightly rentals is still available. Fully appointed kitchens have been added to all of the units. The kitchens feature a gas range with hood, full size refrigerator, large sink, tiled countertops and plenty of cabinet space. The units are fully furnished, many with quality loft beds to create more living space. The larger building has 11 studios, a 1-BR/1BA, and a 3RB/2BA owners unit, while the smaller building has 4 1BR/1BA units. The owner's unit has intentionally been left vacant so that the buyer can move onto the property or place their own manager on site. One unit is ADA compliant.

    • General Features
      • Approx. Lot Sq. Ft. 17860
      • HOA No
      • HOA Dues 0
      • Tenant Pays Rent Only
      • Year Built 1959
      • County El Dorado
    • Building Features
      • Air Conditioning None
      • Heat Furnace Wall, Natural Gas
      • Unit 1 Approx. SqFt. 7544
      • Unit 2 Approx. SqFt. 0
      • Unit 3 Approx. SqFt. 0
      • Unit 4 Approx. SqFt. 0
      • Disability Features Grab Bars, Ramp
      • Construction Wood
      • Roof Description Comp Shingle
      • Amenities Barbeque, Owner's Unit, Separate Lndry Fclty, Washer/Dryer Owned, Yard Space
      • Equipment Cable TV Installed, Washer/Dryer
      • Exterior Wood
      • Furnished Varies By Unit
      • Kitchen Appliances Range Gas F/S, Refrigerator F/S, Varies by Unit
    • Property Features
      • Acreage 0.41
      • Parking +1 Space Per Unit, Carport, Garage
      • Miscellaneous Deck Uncovered
      • Energy Features Dual Pane Full
    • Schools
      • Elementary School Lake Tahoe Unified
      • Middle School Lake Tahoe Unified
      • High School Tahoe-Truckee

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    Neighborhood

    96150 (South Lake Tahoe) Demographics

    40Median Age
    235Population Density (per sq. mile)
    37%College Educated
    $51,400 Estimated Median Income
    6,071Estimated Total Home Owners
    5,206Estimated Total Renters
    54% / 46%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    29,001Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $2,295,000
    10/31/2019 8:45:00 PM New in Database Source

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    Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 11/18/2019 10:45:05 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use