21 unit multi family property which has been fully remodeled. Great location near the Y. Walk to Raleys' and lots of shopping. 18 one bedroom, one bath, 2 two bedroom, one bath and a very cute 2 bedroom, one bath cottage.Tenants pay utilities(gas, electric, cable). Property includes a swimming pool that needs some work and is not being used. Pool location could potentially be used for an additional 4-plex. Buyer needs to do their own investigation to buildon pool area.Entire property has been remodeled. New roof, new windows, doors, staircases, decks, new paint inside and out, driveway has been sealed. Lots of other work has been done in kitchens and bathrooms. Property includes 2 separate lots (parcel #'s 023-351-23 andparcel 23-351-24). Seller wants to sell both as package. 2 coin operated laundry rooms. Two laundry rooms produce approximately $580.annually.
Sold for $4,070,000 on 03/03/23
$4,070,000
970 Glorene Ave #976, South Lake Tahoe, CA 96150
22beds
21baths
14,720sqft
Apt Complx 13+ Units
Built in 1967
-- sqft lot
$4,236,800 Zestimate®
$276/sqft
$2,497 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 09, 2023 at 02:20am
Listed by:
Lloyd Aronoff 530-545-0811 LloydAronoff@aol.com,
RE/MAX Gold - SLT
Bought with:
Member Non
Non Member Office
Source: STAOR,MLS#: 136322
Originating MLS: South Tahoe Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 21
Heating
- Natural Gas, Wall or Space Heater
Appliances
- Included: Gas Water Heater
- Laundry: Common Area
Features
- High Speed Internet, 1st Unit: 1 Bed - 1 Bath, 2nd Unit: 1 Bed - 1 Bath, 3rd Unit: 1 Bed - 1 Bath, 4th Unit: 1 Bed 1.5 Baths, 5th Unit: 1 Bed - 1 Bath, 6th Unit: 1 Bed - 1 Bath, 7th Unit: 1 Bed - 1 Bath, 8th Unit: 1 Bed - 1 Bath, 9th Unit: 2 Beds - 1 Bath, 10th Unit: 1 Bed - 1 Bath, 11th Unit: 1 Bed - 1 Bath, 12th Unit: 2 Beds - 1 Bath, 13th Unit: 1 Bed - 1 Bath, 14th Unit: 1 Bed - 1 Bath, 15th Unit: 1 Bed - 1 Bath, 16th Unit: 1 Bed - 1 Bath, 17th Unit: 1 Bed - 1 Bath, 18th Unit: 1 Bed - 1 Bath, 19th Unit: 1 Bed - 1 Bath, 20th Unit: 1 Bed - 1 Bath
- Windows: Double Pane Windows, Vinyl Frame
- Basement: Concrete/Crawl Space
Interior area
- Total structure area: 14,720
- Total interior livable area: 14,720 sqft
Property
Parking
- Total spaces: 21
Features
- Levels: Two
- Stories: 2
- Pool features: Pool
Lot
- Size: 1.00 Acres
Details
- Parcel number: 023351023000
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apt Complx 13+ Units
Materials
- Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Flat
Condition
- Year built: 1967
Utilities & green energy
- Sewer: City Sewer
- Water: City Water, Water Meter
- Utilities for property: Natural Gas Available, Cable Connected, High Speed Internet, Phone Connected
Community & neighborhood
Location
- Region: South Lake Tahoe
- Subdivision: Tamarack Addition 2
HOA & financial
Other financial information
- Total actual rent: 367200
Other
Other facts
- Available date: 01/01/1800
- Listing terms: Cash
- Ownership: Fee Simple