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3773 Pioneer Trail $3,950,000

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    3773 Pioneer Trail South Lake Tahoe, CA 96150

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    $3,950,000

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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 20037508
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    Property Details

    Amazing investment opportunity to own a well performing complex in an area with highly restrictive building regulations restricting future growth. This four building townhouse style complex has been remodeled and includes new kitchens & baths with granite counters, new roofs, landscaping , door & windows and remodeled interiors. Additionally, the property has its own rental website and onsite security cameras. The complex has a mix of 12 one bedroom and 6 two bedroom units. Some tenants have resided there for over 20 years. The property is located in the highly desirable area of South Lake Tahoe that is within walking distance to Heavenly Village & Ski resort. South Lake Tahoe has some of the most restrictive regulations on new building in the country, which makes competing developments almost impossible to build.

    • General Features
      • Approx. Lot Sq. Ft. 36560
      • HOA No
      • HOA Dues $0
      • Tenant Pays Electric, Gas/Propane
      • Year Built 1974
      • County El Dorado
    • Building Features
      • Air Conditioning None
      • Heat Baseboard
      • Unit 1 Approx. SqFt. 850
      • Unit 2 Approx. SqFt. 600
      • Unit 3 Approx. SqFt. 600
      • Unit 4 Approx. SqFt. 600
      • Construction Wood
      • Style Description Ranch
      • Roof Description Comp Shingle
      • Amenities None
      • Equipment None
      • Exterior Wood
      • Furnished None
      • Kitchen Appliances Disposal, Oven Elec B/I, Oven Elec F/S, Refrigerator F/S
    • Property Features
      • Acreage 0.83
      • Parking 1
      • Miscellaneous Deck Uncovered, Varies by Unit
      • Energy Features Dual Pane Full
    • Schools
      • Elementary School Tahoe-Truckee
      • Middle School Tahoe-Truckee
      • High School Tahoe-Truckee

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    Neighborhood

    96150 (South Lake Tahoe) Demographics

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

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    155 New On Market

    Average Days on Market

      Properties for Sale

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,950,000
        6/30/2020 5:15:00 PM New in Database Source

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        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 7/4/2020 11:21:05 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

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.