$1,495,000
Estimated Payment$7,061/mo
Multi-Family For SalePrice Drop -$100,000

918 Glorene Avenue, South Lake Tahoe, CA 96150

7Beds
4,170Sq. Ft.
Multi-Family Home In South Lake Tahoe

Amazing Investment Opportunity in desirable South Lake Tahoe, known for its World Famous Ski Resorts, pristine alpine lakes, and inspiring outdoor beauty! This is a 5 Plex multifamily property, set on a beautifully serene forested extra large 23,986 square foot lot. Minutes to Heavenly Ski Resort, Stateline Casinos, beaches, hiking, restaurants, and all that South Lake Tahoe has to offer. This 5 Plex multifamily building includes One, 3-Bedroom 2 Bath Unit, Four, 1-Bedroom 1 Bath Units, each having separate gas/electric meters. The property offers front and back yards, plus one large upstairs deck to enjoy the beautiful Tahoe outdoors. Being set in a high demand rental area, also makes this a great re-development opportunity, allowing for an even higher income potential. Drive by this amazing location and envision the endless possibilities!

918 Glorene Avenue is a multi family-home located in El Dorado, the 96150 ZIP Code, and the Tahoe Valley Elementary School, South Tahoe Middle School, and South Tahoe High School attendance zones.

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918 Glorene Avenue
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Location
918 Glorene Avenue South Lake Tahoe, CA 96150
Home Details

Interior Details

General

  • Window Features: Vinyl Frame, Wood Frame
  • Interior Features: Natural Gas

Utilities

  • Utilities: Cable Tv, City Sewer, City Water, High Speed Internet, NaturalGasAvailable, Telephone
  • Heating Details: Natural Gas, Wall or Space Heater

Property Details

Construction Details

  • Roof: Composition, Metal
  • Construction Materials: Wood Frame, Wood Siding
  • Foundation Details: Concrete Crawl Space

General

  • Laundry Features: In Unit
  • Lot Size Dimensions: SqFt

Location Details

Region

  • City/Region: Gardner Mountain

    MLS Details

    General

    • Days on Homes.com: 111
    • MLS Number: 136157
    • Listed: 8/17/2022
    • Last Updated: 11/14/2022
    • Offered By: Chase International - South Lake Tahoe
    • Listing Source: South Tahoe Association of Realtors®
    Monthly Payment Calculator

    $7,061

    Estimated Mortgage
    Principal & Interest
    $5,042
    Insurance
    $523
    Taxes
    $1,495
    Mortgage Insurance
    $0
    i
    Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
    i
    If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
    Price History
    • DateEventPrice
    • 11/05/2022$100,000$1,495,000
      Source: South Tahoe Association of REALTORS®
    • 08/17/2022listed$1,595,000
      Source: South Tahoe Association of REALTORS®
    Nearby Schools
    School data provided by GreatSchools
    i
    The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
    Points of Interest

    Parks and Recreation

    Distance
    • Lake Tahoe Basin Management Area
      2.9 mi

    Shopping Centers

    Distance
    • Alpine Center
      0.2 mi
    • South Y Center
      0.3 mi
    • Vogel Center
      0.3 mi
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    Listing Agent
    Gina Johnson
    Chase International - South Lake TahoeLicense # 01948534
    South Lake Tahoe, CA
    Continue Your Search

    $1,495,000

    7 Beds4,170 Sq. Ft.

    918 Glorene Avenue

    South Lake Tahoe, CA 96150

    Gina Johnson
    Chase International - South Lake Tahoe