Active
3546 Spruce Avenue
South Lake Tahoe CA, 96150
$3,988,000
$404.34 per sqft
Active
9,863 sqft
Multi-family
Built in 1960
A 12 unit multi-family property 100% leased to a corporate credit tenant as a master lease for five (5) years with six (6) percent annual rental increases and two (2) one (1) year options. Lessee is responsible for utilities, maintenance, and management. The property is comprised a 10 unit multi-unit building and two (2) freestanding two (2) bedroom houses. The property has recently gone under a full remodel and in brand new condition with all new updated appliances.
140044
MLSⓇ ID
April 23, 2024
Listed
April 24, 2024
Updated
Map
3546 Spruce Avenue
South Lake Tahoe CA, 96150
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall or Space Heater
Exterior/Building Features
Lot Size
0.53 Acres
Roof
Flat
Other Property Details
Area Name
Bijou 1
Garage
No
Parking Total
0
View
No
County
El Dorado
Pool
No
Buyer Agency Compensation
2.5%
Listed by NAI Tahoe Sierra, Scott S Fair,
Listing Contact: 530-525-2304
Based on information from the South Tahoe Association of REALTORS® MLS as of 12:09 AM UTC, 4/24/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jamison Blair shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 South Tahoe Board of REALTORS®. All rights reserved.
Data last updated 12:09 AM UTC, 4/24/2024