1222 Sierra Blvd, South Lake Tahoe, CA 96150

Studio-- baths800 sqft

For Sale
$1,200,000
Price cut: -$250,000 (5/28)
Est. Mortgage
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My Notes

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Highly desirable South Lake Tahoe eight unit investment property recently renovated to a very high standard.Plenty of parking. Currently available on a month to month basis and with great opportunity during peak months to get extra rental income as vacation units. Very conveniently close to the abundant local amenities. Beautiful one mile stroll to The Lake!!! Parking is on a separate APN adjacent to units.

Facts

  • Lot: 5,000 sqft
  • Multi Family
  • Built in 1960
  • 40 days on Zillow
  • Views: 5,631 all time views
  • Heating: Forced air
  • Last sold: Sep 2012 for $430,000
  • Last sale price/sqft: $538

Features

  • Flooring: Hardwood, Tile
  • Parking: Off street, On street

    Additional Features

    • Guest parking, Living room, Stainless steel appliances, Vintage

    Appliances Included

    • Microwave
    • Range / Oven
    • Refrigerator

    Room Types

    • Dining room

    Construction

    • Construction quality:
      6.0
      Provided by the county assessor, this grade is based on a scale that varies by market. For more information, or to update the grade, contact the county assessor's office.
    • Room count: 32
    • Stories: 2
    • Structure type: Colonial
    • Unit count: 8

    Other

    • Floor size: 800 sqft
    • Last remodel year: 1965
    • Parcel #: 0312120210
    • Pets: No
    • Unit floor #: 1
    • Zillow Home ID: 83902395

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $274,301
    +$37,553 Last 30 days
    $241K
    $302K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,073/mo
    -$71 Last 30 days
    $676
    $1.9K
    Zestimate range

    Comparable Homes

    Homes like this sold for $242-445K.

    $210K
    $480K

    Popularity on Zillow

    290 views since listing
    5,631 all-time (chart)

    Mortgages

    Neighborhood

    Market guide

    Zillow predicts 96150 home values will increase 3.6% next year, compared to a 3.5% increase for South Lake Tahoe as a whole. Among 96150 homes, this home is 268.1% more expensive than the midpoint (median) home, and is priced 549.4% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 96150, the number of foreclosures waiting to be sold is 2.5% less than in South Lake Tahoe, and 62.9% lower than the national average. This lower local number could help 96150 home values rise more quickly than other regions in South Lake Tahoe.

    Learn more about forecast calculations or 96150 home values.
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      For Sale

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      Rentals

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      Other Units in this Building (4)ZestimateBedsBathsSqft
      Apt 2$230K11--
      Apt 6$205K11700
      Apt 8$200K11600
      Apt 1$586K113,600

      Nearby Schools in South Lake Tahoe

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org