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    1074 Echo Rd

    South Lake Tahoe, CA 96150
    • $950,000
    • STATUS: Active
    • ON SITE: 67 days
    • ID#: ML81819739
    UPDATED: 44 min ago
    $950,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,344
      SQFT
    • $284
      $/SQFT
    Neighborhood:
    American River Canyon
    Type:
    Multi-Family
    Built:
    1961
    County:
    El Dorado
    Area:
    American River Canyon

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    Description

    1074 Echo Road is a five-unit property located in beautiful South Lake Tahoe, California. The property has a great unit mix consisting of 4 two-bed/one-bath units and 1 one-bed/one-bath unit. The units have been nicely remodeled with new flooring, cabinets, counters, appliances, and bathrooms. Rents are currently below market offering the investor tremendous income and appreciation upside. The property, located 2 blocks away from the Raley's in Village Shopping Center, Heavenly Village's movie theaters, restaurants and bars, and 5 blocks away from the state line casinos, is perfectly situated to take advantage of all the South Lake Tahoe area has to offer. The significant migration of tech professionals, core location in the heart of South Lake Tahoe, rent growth in the market, current cash flow, potential for additional income, and proximity to recreational opportunities and shopping make 1074 Echo Road a great opportunity for both the cash-flow and appreciation-minded investor.

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    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-01-17T16:48:58.567. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
    www.dominicnicoli.com/homes/111760793
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    1074 Echo Rd South Lake Tahoe, CA 96150

    • Price: $950,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: ML81819739
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,344
    SQFT
    $284
    $/SQFT
    1961
    Built
    Neighborhood:
    American River Canyon
    County:
    El Dorado
    Area:
    American River Canyon
    Property Description
    1074 Echo Road is a five-unit property located in beautiful South Lake Tahoe, California. The property has a great unit mix consisting of 4 two-bed/one-bath units and 1 one-bed/one-bath unit. The units have been nicely remodeled with new flooring, cabinets, counters, appliances, and bathrooms. Rents are currently below market offering the investor tremendous income and appreciation upside. The property, located 2 blocks away from the Raley's in Village Shopping Center, Heavenly Village's movie theaters, restaurants and bars, and 5 blocks away from the state line casinos, is perfectly situated to take advantage of all the South Lake Tahoe area has to offer. The significant migration of tech professionals, core location in the heart of South Lake Tahoe, rent growth in the market, current cash flow, potential for additional income, and proximity to recreational opportunities and shopping make 1074 Echo Road a great opportunity for both the cash-flow and appreciation-minded investor.
    Exterior Features

    Construction Type Wood Frame Foundation Concrete Perimeter Garage Parking Assigned Spaces Number Of Buildings 1 Pool YN No Roof CompositionShingle Units In Complex Min 5 View Mountains Yard Grounds Balcony / PatioCourtyardLow Maintenance

    Interior Features

    Additional Rooms Laundry Room Beds Unit1 2 Beds Unit2 1 Cooling Ceiling Fan Flooring Laminate Heating Wall Furnace Kitchen Features Oven - GasRefrigerator Laundry Hookups Only Structure Sq Ft 3344

    Property Features

    Accessibility Features None Additional Listing Info Not Applicable City Limits Yes City Name South Lake Tahoe Cross Street Montreal Road Hoa Amenities Common Utility Room Hoa YN No Lot Size Area Maximum 5227.00 Meters Master WaterSeparate ElectricSeparate Gas Rent Unit1 1350 Rent Unit2 1180 Restrictions None Security Features None Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Individual Electric MetersIndividual Gas MetersPublic Utilities Water Public Zoning Hdr

    © 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Ismael Benhamida of Marcus & Millichap.


    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-01-17T16:48:58.567. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
     
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