1129 Martin AVE, South Lake Tahoe, CA 96150
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1129 Martin AVE, South Lake Tahoe, CA 96150
1129 Martin AVE, South Lake Tahoe, CA 96150
1129 Martin AVE, South Lake Tahoe, CA 96150
1129 Martin AVE, South Lake Tahoe, CA 96150
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Erik Tejeda

Erik Tejeda

+1(530) 845-8035
$ 649,950
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1129 Martin AVE South Lake Tahoe, CA 96150

1,253 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,253 sqft

Price per Sqft $518

Subdivision Tahoe Sierra 03

MLS Listing ID 226094792

HOA Y/N No

Year Built 1958

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Triplex

Source MLS Metrolist

Property Description

Exceptional opportunity to own a versatile triplex in the heart of South Lake Tahoe. Ideally located just minutes from the lake, Heavenly Mountain Resort, Lake Tahoe Community College, shopping, restaurants, and countless year-round out outdoor activities. Currently generating over $4000 per month in gross rental income, 1129 Martin Ave is an excellent option for an investor seeking steady cash flow. The property also offers the potential to combine the front two units into a larger single-family residence while keeping the rear unit as a guest house or income-producing unit (Buyer to verify all possibilities with the city of South Lake Tahoe).

Location

State CA

County El Dorado

Area 13301

Direction Hwy 50 to Omalley. Right on Omalley then right on Martin Avenue.

Rooms

Other Rooms Unit-1 Type: Apartment Occupancy: Tenant Rent: 1400 Unit-2 Type: Apartment Approx SqFt: 400 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1325 SqFt Source: Owner Unit-3 Type: Studio Approx SqFt: 400 Bedrooms: 1 Full Baths: 1 Total Rooms: 3 Occupancy: Tenant Rent: 1350 SqFt Source: Owner

Basement None

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Window Features Dual Pane Partial,Window Coverings,Window Screens

Appliance Free Standing Gas Oven, Free Standing Gas Range, Gas Cook Top

Laundry Varies by Unit

Exterior

Exterior Feature Yard Space

Parking Features Open, Street

Utilities Available Electric, Natural Gas Connected

Water Access Desc Public

View Woods

Roof Type Metal

Topography Snow Line Above,Level

Total Parking Spaces 4

Building

Lot Description Shape Regular

Story 1

Foundation Slab

Sewer Sewer in Street, Public Sewer

Water Public

Architectural Style Cabin

Level or Stories One

Schools

Elementary Schools Lake Tahoe Unified

Middle Schools Lake Tahoe Unified

High Schools Lake Tahoe Unified

School District El Dorado

Others

Senior Community No

Tax ID 031-164-011-000

Special Listing Condition Trust

MetroList® Services, Inc
Listed by Foundation Real Estate
Erik Tejeda

Erik Tejeda

Team Lead/ Office Manager | License ID: 01907830 | DRE 01315708

+1(530) 845-8035

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