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$610,000
Est. payment /mo
2 Beds
670 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 670 sqft
Price per Sqft $910
Subdivision Bijou Park
MLS Listing ID 142709
Bedrooms 2
Year Built 1959
Lot Size 0.265 Acres
Acres 0.2647
Property Sub-Type Duplex
Property Description
This expansive 11,531 square foot lot, zoned for multi-family use, offers incredible potential and numerous opportunities. Situated in a desirable neighborhood, it's just a short drive from Heavenly Ski Resort, shopping centers, and public transportation.The two existing cabins have been thoughtfully updated, featuring new double-pane windows, flooring, carpeting, and modernized kitchens and bathrooms. Unit 1 boasts a spacious 1-bedroom, 1-bathroom layout, currently rented for $1,650. Unit 2, also a 1-bedroom, 1-bathroom unit, comes with a bonus loft space and in-unit washer/dryer, and is rented at $1,500. The property has a single water and sewer bill, while each unit has its own electric meter for separate billing.A land survey conducted in 2006 indicates 5,975 square feet of existing land coverage, which includes a compact dirt driveway. The property also comes with additional allocation and a Residential Unit of Use (RUU), allowing the new owner the option to demolish the current structures and construct large townhouse-style duplexes. Alternatively, the seller has plans in place to maintain Unit 2 as an Accessory Dwelling Unit (ADU) while building a sizable single-family home.This property is brimming with potential, presenting various options to transform it into a fantastic family residence or a lucrative investment opportunity in the heart of South Lake Tahoe!
Location
State CA
County El Dorado
Area Bijou 1
Interior
Heating Electric, Wall or Space Heater
Cooling Electric, Wall or Space Heater
Laundry In Unit
Exterior
Exterior Feature Storage Shed, Other/See Remarks
Utilities Available NaturalGasAvailable, Cable TV, Water Meter
Roof Type Composition,Metal
Building
Story One Story, Two Story
Foundation Post & Pier
Water Electric
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Listed by Coldwell Banker Select - LTB
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