2531 Elwood Avenue

South Lake Tahoe, CA 96150

$675,000
Last Sold Price
6
Beds
2,553 Sq. Ft.
$264 / Sq. Ft.
2,553
Sq. Ft.
$264
per Sq. Ft.

Description

Amazing opportunity for investors. Located in the heart of South Lake Tahoe, just a short walk to restaurants, shopping, bus stops and more. 5 rental units Total; 4- 1 bedroom units, 1 - 2 bedroom units, 1 single car garage, 5 parking spots, and laundry room in common area. The complex features a large, private park like setting for tenants to bbq and relax. Seller also owns adjacent mirroring property, 2535 Elwood Ave for sale. MLS Listing #133391. Seller prefers to sell both parcels together/same...Amazing opportunity for investors. Located in the heart of South Lake Tahoe, just a short walk to restaurants, shopping, bus stops and more. 5 rental units Total; 4- 1 bedroom units, 1 - 2 bedroom units, 1 single car garage, 5 parking spots, and laundry room in common area. The complex features a large, private park like setting for tenants to bbq and relax. Seller also owns adjacent mirroring property, 2535 Elwood Ave for sale. MLS Listing #133391. Seller prefers to sell both parcels together/same time.
  1. Listed by Mark Dobson • DRE #01960455 • Brokerage DRE #00659378 • Coldwell Banker McKinney & Associates
  2. Listed by Jordyn R Dobson • DRE #01989326 • Brokerage DRE #00659378 • Coldwell Banker McKinney & Associates

Property Details for 2531 Elwood Avenue

Area
Tahoe-Sierra
Subdivision
Tahoe Sierra 1
# Garage/Carport
1
# Parking Spaces
5

Location

Listing Courtesy of Coldwell Banker McKinney & Associates, Mark Dobson, DRE #01960455; Coldwell Banker McKinney & Associates, Jordyn R Dobson, DRE #01989326

Sold By Dennis Barber Real Estate, Dennis Barber

Add your commute
LISTING UPDATED: 02/08/2021 07:01 PM

Property Details for 2531 Elwood Avenue

StatusSold
MLS #133527
Days on Compass88
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apt Build 5-12 Units
Year Built1961
Lot Size0.11 AC / 4,792 SF
CountyEl Dorado County

Location

Listing Courtesy of Coldwell Banker McKinney & Associates, Mark Dobson, DRE #01960455; Coldwell Banker McKinney & Associates, Jordyn R Dobson, DRE #01989326

Sold By Dennis Barber Real Estate, Dennis Barber

Add your commute

Building Information for 2531 Elwood Avenue

Stories-Residences-Year Built1961Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$4,937 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,684

Property Taxes

$1,253

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2531 Elwood Avenue

Summary
Location and General Information
  • Directions: From Hwy 50. Turn onto Sierra blvd. Turn right onto Elwood. Property is on your right.
  • FIPS Code: 17
  • Cross Street Address: Sierra blvd.
Taxes and HOA Information
  • Association: South Tahoe Association of Realtors
Owner
  • Type of Ownership: Fee Simple
Property
Lot Information
  • Acres: 0.11
  • Age: 0
  • Lot Measurement: SqFt
  • Lot Size Source: (Tax Data)
  • Three Quarter Bathrooms: 0
  • Zoning: Multi-Family
  • Zoning Source: Assessor
Property and Assessments
  • APN: 031113018000
  • 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
  • Miscellaneous: Master Meter-Gas
  • Square Footage Source: Tax Data
  • TRPA Land Cap Study: No
  • Year Built Source: Assessor
Utilities
  • Utilities: NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone
  • Water Fee: $.00
  • Water Heater: Natural Gas
  • Water Test: No
Interior and Exterior Features
Exterior Features
  • Construction: Wood Frame, Wood Siding
  • Roof: Composition, Shingle
Interior Features
  • Heating/Cooling: Natural Gas, Wall or Space Heater
  • Laundry: Common
  • Windows: Double Pane, Vinyl Frame
Multi Family
Multi-Family Information
  • Annual Operating Exp: $.00
  • Effective Rental Inc: $.00
  • Gross Income Source: Owner
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: 2 Beds - 1 Bath

Property History for 2531 Elwood 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 2531 Elwood Avenue

Taxable ValueLand$400,000Additions$1,000,000Total$1,400,000
Tax Record2023$15,033 ($1,253 / month)
Home Facts
Baths5Total Finished SqFt2,553 SqFtAbove Grade Finished SqFt2,553 SqFtStories2Lot Size4,791 SqFtStyleQuadraplexYear Built1961Year Renovated1965Zoning0CountyEL DORADOAPN031-113-018-000Fireplace TypeHas Fireplace

Schools near 2531 Elwood 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
Tahoe Valley Elementary 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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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 Coldwell Banker McKinney & Associates, Mark Dobson, DRE #01960455; Coldwell Banker McKinney & Associates, Jordyn R Dobson, DRE #01989326

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.