2165 Jean Avenue

South Lake Tahoe, CA 96150

$1,319,000
Price
7
Beds
4,116 Sq. Ft.
$320 / Sq. Ft.
4,116
Sq. Ft.
$320
per Sq. Ft.

Description

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 & newer finishes. The pine tree laced neighborhood is quiet, and removed from the hustle, yet close to stores, restaurants, medical facilities...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 & 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!

Listing Agent

  1. Jana Nelson

    Jana Nelson

    Listing Agent

    Compass

    DRE #01429320

Property Details for 2165 Jean Avenue

Area
Y Area
Subdivision
Tamarack 1
# Garage/Carport
0
# Parking Spaces
9

Location

Listing Courtesy of Compass, Jana Nelson, DRE #01429320
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LISTING UPDATED: 04/26/2024 10:18 AM

Property Details for 2165 Jean Avenue

StatusActive
MLS #139864
Days on Compass55
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apt Build 5-12 Units
Year Built1958
Lot Size0.30 AC / 13,068 SF
CountyEl Dorado County

Location

Listing Courtesy of Compass, Jana Nelson, DRE #01429320
Add your commute

Building Information for 2165 Jean Avenue

Stories-Residences7Year Built1958Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$7,947 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,198

Property Taxes

$749

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2165 Jean Avenue

Summary
Location and General Information
  • Directions: going west on Lake Tahoe Blvd, make a left on 3rd St, then right on Jean Ave
  • FIPS Code: 17
  • Cross Street Address: 3rd St
Taxes and HOA Information
  • Association: South Tahoe Association of Realtors
Owner
  • Type of Ownership: Fee Simple
Property
Lot Information
  • Acres: 0.3
  • Age: 0
  • Lot Measurement: SqFt
  • Lot Size Source: (Tax Data)
  • Three Quarter Bathrooms: 0
Property and Assessments
  • APN: 023371006000
  • Foundation: Concrete/Crawl Space
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Possession: Close Of Escrow
  • Lease Type: Net
  • Limited Service: No
  • Square Footage Source: Tax Data
  • TRPA Land Cap Study: No
  • Year Built Source: Assessor
Utilities
  • Utilities: NaturalGasAvailable, City Water, City Sewer, Cable TV, High Speed Internet
  • Water Fee: $.00
  • Water Heater: Natural Gas
Interior and Exterior Features
Exterior Features
  • Construction: Wood Frame, Wood Siding
  • Roof: Pitched, Composition
Interior Features
  • Heating/Cooling: Wall or Space Heater
  • Laundry: Common
  • Windows: Single Pane, Double Pane
Multi Family
Multi-Family Information
  • Annual Operating Exp: $.00
  • Effective Rental Inc: $.00
  • Gross Income Source: Property Manager
Unit 1
  • 1st Unit Beds/Baths: 1 Bed - 1 Bath
Unit 2
  • 2nd Unit Beds/Baths: 1 Bed - 1 Bath
Unit 3
  • 3rd Unit Beds/Baths: 1 Bed - 1 Bath
Unit 4
  • 4th Unit Beds/Baths: 1 Bed - 1 Bath
Unit 5
  • 5th Unit Beds/Baths: 1 Bed - 1 Bath
Unit 6
  • 6th Unit Beds/Baths: 1 Bed - 1 Bath
Unit 7
  • 7th Unit Beds/Baths: 1 Bed - 1 Bath

Property History for 2165 Jean Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2165 Jean Avenue

Taxable ValueLand$101,858Additions$723,734Total$825,592
Tax Record2023$8,983 ($749 / month)
Home Facts
Baths7Total Finished SqFt4,116 SqFtAbove Grade Finished SqFt4,116 SqFtStories1Lot Size13,068 SqFtStyleQuadraplexYear Built1958ZoningHDRCountyEL DORADOAPN023-371-006-000Fireplace TypeHas Fireplace

Schools near 2165 Jean Avenue

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
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.

Similar Homes

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Similar Sold Homes

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2165 Jean Avenue is a multi-family home for sale in South Lake Tahoe, CA 96150. This property was listed for sale on March 7, 2024 by Compass, it's currently listed at $1,319,000. It has been on the market for a total of 55 days and was last sold on July 7, 2023. This listing's school district is Lake Tahoe Unified School District. Nearby schools include Bijou Community School, South Tahoe Middle School and South Tahoe High School. 2165 Jean Avenue is a 7-bed, 0-bath, 4,116 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Jana Nelson, DRE #01429320

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.