629 James Ave - Apartments FOR SALE


South Lake Tahoe, CA 96150
$999,000 USD
530-416-2779
629 James Ave, South Lake Tahoe, CA for Sale
$999,000 USD
Apartments - FOR SALE
1/31
null | 5.54% Cap Rate

629 James Ave
South Lake Tahoe, CA 96150


HIGHLIGHTS

  • Close to Beach
  • Each unit has their own backyard
  • No shared walls between tenants

OVERVIEW

This modern remodeled triplex in a prime location is a dream come true! All units feature a gourmet kitchens, custom wood cabinetry, stainless steel appliances, & granite slab counter tops. Bathrooms redone with travertine natural stone flooring and showers, rich dark wood vanities, and designer lighting and trim. Additional upgrades include hand scrapped hardwood flooring, recessed lighting and upgraded electrical and plumbing, forced air heater, common area laundry room, surround sound in Unit 1, heated towel rails, lighting in wardrobes. The triplex features two downstairs units with 2 bedrooms & 1 bath with an additional third unit upstairs featuring one bedroom and one bath. The lot features individually fenced yards, covered porch, storage shed (8x12 Tuff Shed), bear box, ample driveway parking & over-sized two car garage. Located on the bike trail that leads directly out to the beautiful beaches on Lake Tahoe, & restaurants, amenities and endless trails nearby.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$393 USD /SF

# OF UNITS

3

PRICE/UNIT

$333,000

CAP RATE

5.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

-

APN/PARCEL ID

023-141-035-000

ASK ABOUT THIS PROPERTY

Nicole ZaborskyAscent Property GroupMore Info
530-416-2779

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Nicole ZaborskyAscent Property GroupMore Info
530-416-2779

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.