Home For Sale In South Lake Tahoe, California

house for sale

Listed: 03/17/24

2165 Jean Ave, South Lake Tahoe, California, 96150

7 Bed:

7 Bath:

4,116 Sq Ft Living Area:

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Price

$ 1,39M

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About This House

Are you seeking an investment that delivers Long, long, long term tenants? If so, continue reading about this fantastic 7 unit apartment investment opportunity.This property provides EASY living that tenants appreciate and are willing to pay for. These cozy updated, ground floor ( No stairs ) apartments have front and back exterior spaces, on site laundry, new and newer finishes. The pine tree laced neighborhood is quiet, and removed from the hustle, yet close to stores, restaurants, medical facilities and public transport. Recent improvements have been completed. This property has Excellent rental income with potential of allowable increases. All units are rented. Great location, updated units and strong rental demand makes this an Excellent investment opportunity of a high producing asset for your portfolio.All this in Beautiful Lake Tahoe! Come take a look today!

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Original listing

South Lake Tahoe Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$810,307 (-20.1%)
May 2024	$1,013,596 (+11.5%)
Apr 2024	$909,379 (0%)
Mar 2024	$909,379 (0%)
Feb 2024	$909,379 (0%)
Jan 2024	$909,379 (0%)

In June 2024, the asking price for 3 bed houses for sale in/near South Lake Tahoe, United States averaged $810,307, a decrease of 20.1% from the previous month.

Median price trends for properties for sale in South Lake Tahoe, United States as of June 2024.

Household Income

Median household income: $45,223

Number of households: 8,882

The average household income in South Lake Tahoe, CA grew from $42,401 to $45,223 in the past year. This data is an estimate based upon 8,882 households in South Lake Tahoe, CA.
The chart below presents how household income is distributed in South Lake Tahoe, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in South Lake Tahoe, CA compared to median property taxes around the country. The prevalent amount of property taxes in South Lake Tahoe, CA equals $3k+ , which is less than the national average.