3671 Spruce Ave, South Lake Tahoe, CA 96150

3671 Spruce Ave, South Lake Tahoe, CA 96150

Studio-- baths5,584 sqft

Off Market
Zestimate®: $1,461,278
Rent Zestimate®: $2,297/mo
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This home is not currently listed for sale or rent on Zillow.

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My Notes

Edit
This 8-unit apartment complex is on a double lot. Close to Lake Tahoe and Heavenly Valley. Low vacancy. Manager lives on property. Existing commercial loan of apx. $330,000. with First Union Bank is assumable according to seller to a qualified buyer. Apx. 6% interest, payment apx. $2,000. per month. Radon remuneration work has been completed. A new paint job on the exterior will be done this Spring by Lead Free Tahoe.

Facts

  • Lot: 10,001 sqft
  • Multi Family
  • Built in 1966
  • Heating: Other
  • Last sold: Aug 2001 for $405,000

Construction

  • Construction quality: 6.0
  • Roof type: Asphalt
  • Room count: 24
  • # Stories: 2.0
  • Unit count: 8

Other

  • Floor size: 5,584 sqft
  • Heating: Gas
  • Last remodel year: 1966
  • Parcel #: 0271552910
  • Zillow Home ID: 83902777

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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$1,461,278
+$70,278 Last 30 days
$1.33M
$1.68M
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
$2,297/mo
+$278 Last 30 days
$1.2K
$4.6K
Zestimate range

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Market guide

Zillow predicts 96150 home values will rise 1.1% next year, compared to a 1.1% increase for South Lake Tahoe as a whole. Among 96150 homes, this home is valued 351.6% more than the midpoint (median) home, and is valued 11.5% 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 1.2% less than in South Lake Tahoe, and 11.6% less 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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    Nearby Schools in South Lake Tahoe

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