1150 Melba Drive
1150 Melba Drive
$980,000
6
2,461
2,461
$398
Sold 12/1/21
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Description
Prime 1 acre mixed-use property. Conveniently located near intersection of Highways 50 and 89, shopping, restaurants, hospital, beaches, trail heads. Five detached units (4 residential, 1 commercial building with large storage yard). The buildings consist of 2,913 ground floor sf with plenty of on site parking and storage. The TRPA has verified 29,226 sf of Class 7 coverage, with potential for additional 1266 sf. Located in Town Center Gateway, Tahoe Valley Area Plan, this is an ideal investment...Prime 1 acre mixed-use property. Conveniently located near intersection of Highways 50 and 89, shopping, restaurants, hospital, beaches, trail heads. Five detached units (4 residential, 1 commercial building with large storage yard). The buildings consist of 2,913 ground floor sf with plenty of on site parking and storage. The TRPA has verified 29,226 sf of Class 7 coverage, with potential for additional 1266 sf. Located in Town Center Gateway, Tahoe Valley Area Plan, this is an ideal investment with development potential. A sample of allowable uses include: Multi Family Residential up to 25 units/acre, General Retail, Heath Care Services, Professional Offices, Repair Services, Secondary Storage, Small Scale Manufacturing, Warehousing.https://player.vimeo.com/video/446950916Buyer to cooperate in a 1031 exchange at no cost to buyerNote: The preceding information has been provided to best of my knowledge. Interested parties shall independently verify all information.
- Listed by Nicole Zaborsky • DRE #02043717 • Brokerage DRE #01524980 • Ascent Property Group
Property Details for 1150 Melba Drive
Area
Y Area
SubdivisionW D Barton Tr
# Garage/Carport0
# Parking Spaces0
Location
LISTING UPDATED: 12/01/2021 03:18 PM
Property Details for 1150 Melba Drive
Status | Sold |
---|---|
MLS # | 132847 |
Days on Compass | 487 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Apt Build 5-12 Units |
Year Built | 1940 |
Lot Size | 1.00 AC / 43,681 SF |
County | El Dorado County |
Location
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Building Information for 1150 Melba Drive
Stories-Residences5Year Built1940Building Size-Lot Size1.00 AC / 43,681 SF
Payment Calculator
$6,245 per month
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Property Information for 1150 Melba Drive
Property History for 1150 Melba Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1150 Melba Drive
Taxable ValueLand$306,000Additions$693,600Total$999,600
Tax Record2023$10,768 ($897 / month)
Home Facts
Baths4Total Finished SqFt2,461 SqFtAbove Grade Finished SqFt2,461 SqFtStories2Lot Size43,560 SqFtStyleQuadraplexYear Built1940Year Renovated1950ZoningGCCountyEL DORADOAPN032-191-010-000
Schools near 1150 Melba Drive
This home is within Lake Tahoe Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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Bijou Community School PublicK to 5 | ||
South Tahoe Middle School Public6 to 8 | ||
South Tahoe High School Public9 to 12 | ||
Mt. Tallac High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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