$780,000
$650,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
2,450 SqFt
SOLD DATE : 10/21/2024
Key Details
Sold Price $780,000
Property Type Multi-Family
Sub Type 4+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $318
MLS Listing ID 20242037
Sold Date 10/21/24
Year Built 1960
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Rental housing multiple unit complex available in Kings Beach. This 6 unit building is approximately 60 years old and has continual residential use. No vacancies. There are sample photos of the interior of several units. They have been remodeled over the years between tenants. The complex has older condition issues and is being offered at a great price "as is". The parking is currently located on the adjacent lot to the back of this parcel. This lot is for sale at $250k, with priority to the buyer of the 6 units. The shed off the back of the 6 plex is over the lot property line by several feet. Red line in photo shows approximate property line. The combined price for the 6 units on Brook Ave and the lot on Trout Ave is $799,000. Call for details. The lots on the east and west of the complex are open space owned by the CTC. The lot where parking is currently has great coverage opportunities with a VLC and survey reports showing 82% coverage. Units have individual electric meters, individual water heaters. Newer roof installed within the past 5 years according to manager.
Location
State CA
County Placer
Community North Laketahoe
Area Brockway Vista-1So
Zoning multi family
Interior
Heating Electric
Exterior
Parking Features Black Top, Gravel
View Wooded, City, Downtown
Roof Type Composition,Metal
Topography Level,Gentle
Building
Lot Description STREET
Story 1
Foundation Perim Block
Sewer Utility District
Water Utility District
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Bought with C. Kelly Smith • Centr-21 Tahoe North, Realtors
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REALTOR® | Lic# CA 01350620 NV BS145655