960 San Francisco Ave, South Lake Tahoe, CA 96150

4 beds3 baths2,397 sqft Edit

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Sold: $208,182
Sold on 02/10/15
Zestimate®: $556,922
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My Notes

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Superb Investment Opportunity in Beautiful South Lake Tahoe
960 San Francisco Ave South Lake Tahoe, CA 96150
Bright Modern 2400 sq ft custom home built in 2005 on a 6,000 sq ft corner lot in the highly desirable Al Tahoe neighborhood. Features 2 levels, 4 Bedrooms 3 Full Baths, and 2 Full Kitchens. Used for high performing short term rental business and personal enjoyment for over 7 years.
Highly successful self-managed short term rental program through VRBO. Most frequent renter comment: 'Photos are great but home looks even better when you are there'. This home has more than 40 Five Star published reviews. Short term rental program generates approximately $44,000 per year. Home is being sold as turn-key property with future paid bookings and all contents included except personal items of art on the walls. Seller is able to provide rental management services if needed. Terms to be decided.
To see photos and a virtual tour of this home visit VRBO #241958. The link the virtual tour is located just beneath Owner Info.
Just a 3 minute walk to reach Lake Tahoe's shoreline at El Dorado Beach. Regan Beach, and the Upper Truckee meadow and estuary are just a few blocks further. Heavenly ski resort and Heavenly Village are 2 miles away. Located on designated bike route. Convenient locally owned shops, restaurants, bike and water sport rentals, community recreation center, swimming pool, ice rink and more are all within 1-3 blocks.
Highlights:
? Open living space, great for entertaining
? Deck off of living room, close to kitchen
? Ample skylights and windows (view of Heavenly included!)
? Custom sound and lighting systems
? Gas fireplaces upstairs and down
? Wireless remote thermostats (2) upstairs and downstairs
? Fully furnished and supplied, ready to continue successful rental program
? Full kitchen upstairs and downstairs
? Laundry rooms upstairs and downstairs
? 2 separate gas meters for upstairs and downstairs
? 2 separate water heaters and furnaces for upstairs and downstairs
? in 2 separate electric panels for upstairs and downstairs
? Downstairs has separate entry
? 2 car garage, driveway for 3 cars
? Huge, flat fenced yard. Large side gate. Park your extra long, extra wide boat or RV.
 

What I love about the home

The location, colors, light, size and floor plan, the deck and slate tile, the investment (rental) income and the guests, the many different ways the house can be used -private use, long or short term rental, single home or 2 separate units.
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Facts

  • Lot: 6,011 sqft
  • Single Family
  • Built in 2005
  • Views: 2,658 all time views
  • Last sold: Feb 2015 for $208,182
  • Last sale price/sqft: $87

Features

  • Cable Ready
  • Ceiling Fan
  • Deck
  • Double Pane/Storm Windows
  • Fenced Yard
  • Finished basement
  • Fireplace
  • Flooring: Carpet, Laminate, Slate
  • Jetted Tub
  • Mother-in-Law Apartment
  • Parking: Garage - Attached
  • RV Parking
  • Security System
  • Skylight
  • Transportation
  • Vaulted Ceiling
  • Wired

Appliances Included

  • Dishwasher
  • Dryer
  • Freezer
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Dining room
  • Family room
  • Laundry room
  • Master bath
  • Office
  • Walk-in closet

Construction

  • Exterior material: Wood
  • Room count: 7
  • Stories: 2
  • Structure type: Contemporary
  • Unit count: 1

Other

  • Floor size: 2,397 sqft
  • Last remodel year: 2005
  • Laundry: In Unit
  • Parcel #: 0261120910
  • Zillow Home ID: 69234078

Zestimate Details

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$556,922
+$5,015 Last 30 days
$524K
$590K
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
$2,459/mo
+$34 Last 30 days
$2K
$2.8K
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Improve This Home's Value

The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

Mid-Range Major Kitchen Remodel

  • Mid-Range Major Kitchen Remodel

  • + 59K VALUE
  • Project cost: $62,441
  • See kitchen ideas

Mid-Range Minor Kitchen Remodel

  • Mid-Range Minor Kitchen Remodel

  • + 11K VALUE
  • Project cost: $21,497
  • See kitchen ideas

Mid-Range Bathroom Remodel

Popularity on Zillow

If this home is listed on Zillow, it will reach the largest real estate network on the web.*
2,658 all-time views
of this home (chart)
354 forecasted views of this home
in the first 7 days after listing for sale

Comparable Homes

Homes like this sold for $462-655K.

$400K
$720K

Mortgages

Neighborhood: 96150

Zillow predicts 96150 home values will increase 3.6% next year, compared to a 3.5% rise for South Lake Tahoe as a whole. Among 96150 homes, this home is valued 70.8% more than the midpoint (median) home, but is valued 62.8% less 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% lower 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.
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Nearby

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    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