1309 Peninsula Road

South Lake Tahoe, CA 96150

$1,499,999
Price
5
Beds
4,100 Sq. Ft.
$366 / Sq. Ft.
4,100
Sq. Ft.
$366
per Sq. Ft.

Description

An incredible income opportunity in the heart of South Lake Tahoe. This 4-plex has beautiful updated interiors and excellent rental history making this a solid investment. Each unit comes with a designated carport and a large parking pad gives extra space for off-street parking. Walk to Bijou elementary, the Whole Foods center, beaches, Ski Run and just minutes to Heavenly, the casino corridor, restaurants and all that South Lake has to offer.An incredible income opportunity in the heart of South Lake Tahoe. This 4-plex has beautiful updated interiors and excellent rental history making this a solid investment. Each unit comes with a designated carport and a large parking pad gives extra space for off-street parking. Walk to Bijou elementary, the Whole Foods center, beaches, Ski Run and just minutes to Heavenly, the casino corridor, restaurants and all that South Lake has to offer.

Listing Agents

  1. Chris Hernandez

    Chris Hernandez

    Listing Agent

    Compass

    DRE #01477359

  2. Brooke Hernandez

    Brooke Hernandez

    Alternative Listing Agent

    Compass

    DRE #01477800

Property Details for 1309 Peninsula Road

Area
Bijou 1
Subdivision
Bijou Park
# Garage/Carport
4
# Parking Spaces
0
LISTING UPDATED: 11/06/2024 12:40 PM

Property Details for 1309 Peninsula Road

StatusActive
MLS #140322
Days on Compass149
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Quadruplex
Year Built1961
Lot Size0.23 AC / 10,019 SF
CountyEl Dorado County

Building Information for 1309 Peninsula Road

Stories-Residences4Year Built1961Building Size-Lot Size0.23 AC / 10,019 SF

Property Information for 1309 Peninsula Road

Summary
Location and General Information
  • FIPS Code: 17
  • Cross Street Address: Spruce Avenue
Taxes and HOA Information
  • Association: South Tahoe Association of Realtors
Property
Lot Information
  • Acres: 0.23
  • Age: 0
  • Lot Measurement: SqFt
  • Lot Size Source: (Tax Data)
  • Three Quarter Bathrooms: 0
Property and Assessments
  • APN: 025262007000
  • Documents on File: Rental/Leases
  • Foundation: Concrete/Crawl Space, Slab
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Possession: Subject to Tenants
  • Lease Type: Net
  • Limited Service: No
  • Miscellaneous: Sep. Water Heater, Separate Heat/Cool, Owner Pays Utilities, Tenant Pays Utlities
  • Square Footage Source: Seller
  • TRPA Land Cap Study: No
  • Year Built Source: Assessor
Utilities
  • Utilities: City Water, City Sewer
  • Water Fee: $.00
  • Water Heater: Natural Gas
Interior and Exterior Features
Exterior Features
  • Construction: Wood Frame, Wood Siding
  • Roof: Pitched, Composition
Interior Features
  • Heating/Cooling: Natural Gas, Wall or Space Heater, Fireplace
  • Laundry: In Unit
  • Windows: Double Pane
Multi Family
Multi-Family Information
  • Annual Operating Exp: $.00
  • Effective Rental Inc: $.00
  • Gross Income Source: Owner
Unit 1
  • 1st Unit Beds/Baths: Studio with 1 Bath
Unit 2
  • 2nd Unit Beds/Baths: 3 Beds - 2 Baths
Unit 3
  • 3rd Unit Beds/Baths: 3 Beds - 1 Bath
Unit 4
  • 4th Unit Beds/Baths: 3 Beds - 1 Bath

Property History for 1309 Peninsula Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1309 Peninsula Road

Taxable ValueLand$321,300Additions$749,700Total$1,071,000
Tax Record2023$11,271 ($939 / month)
Home Facts
Baths4Total Finished SqFt2,340 SqFtAbove Grade Finished SqFt2,340 SqFtStories1Lot Size10,018 SqFtStyleDuplexYear Built1961ZoningLDRCountyEL DORADOAPN025-262-007-000Fireplace TypeHas Fireplace

Schools near 1309 Peninsula Road

This home is within Lake Tahoe Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Bijou Community School
PublicK to 5

South Tahoe Middle School
Public6 to 8

South Tahoe High School
Public9 to 12

Elevated Digital Learning Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1309 Peninsula Road is a multi-family home for sale in South Lake Tahoe, CA 96150. This property was listed for sale on June 19, 2024 by Compass, it's currently listed at $1,499,999. It has been on the market for a total of 149 days and was last sold on December 22, 2022. This listing's school district is Lake Tahoe Unified School District. Nearby schools include Bijou Community School, South Tahoe Middle School and South Tahoe High School. 1309 Peninsula Road is a 5-bed, 0-bath, 4,100 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Chris Hernandez, DRE #01477359; Compass, Brooke Hernandez, DRE #01477800

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.