3546 Spruce Avenue

South Lake Tahoe, CA 96150

$3,790,000
Price
Beds
9,863 Sq. Ft.
$384 / Sq. Ft.
9,863
Sq. Ft.
$384
per Sq. Ft.

Description

A 12 unit multi-family property 100% leased to Vail Resorts as a master lease for five (5) years with six (6) percent annual rental increases and two (2) one (1) year options. Lessee is responsible for utilities, maintenance, and management. The property is comprised a 10 unit multi-unit building and two (2) freestanding two (2) bedroom houses. The property has recently gone under a full remodel and in brand new condition with all new updated appliances.A 12 unit multi-family property 100% leased to Vail Resorts as a master lease for five (5) years with six (6) percent annual rental increases and two (2) one (1) year options. Lessee is responsible for utilities, maintenance, and management. The property is comprised a 10 unit multi-unit building and two (2) freestanding two (2) bedroom houses. The property has recently gone under a full remodel and in brand new condition with all new updated appliances.
  1. Listed by Scott S Fair • DRE #01761504 • Brokerage DRE #02154666 • NAI Tahoe Sierra

Property Details for 3546 Spruce Avenue

Area
Bijou 1
Subdivision
Bijou Park
# Garage/Carport
0
# Parking Spaces
0
LISTING UPDATED: 10/04/2024 01:50 PM

Property Details for 3546 Spruce Avenue

StatusActive
MLS #140044
Days on Compass234
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apt Build 5-12 Units
Year Built1960
Lot Size0.53 AC / 23,087 SF
CountyEl Dorado County

Building Information for 3546 Spruce Avenue

Stories-Residences12Year Built1960Building Size-Lot Size0.53 AC / 23,087 SF

Property Information for 3546 Spruce Avenue

Summary
Location and General Information
  • FIPS Code: 17
  • Cross Street Address: Blackwood
Taxes and HOA Information
  • Association: South Tahoe Association of Realtors
Owner
  • Type of Ownership: Fee Simple
Property
Lot Information
  • Acres: 0.53
  • Age: 0
  • Lot Measurement: SqFt
  • Lot Size Source: (Tax Data)
  • Three Quarter Bathrooms: 0
Property and Assessments
  • APN: 025261017000
  • Foundation: Other
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Lease Type: Net
  • Limited Service: No
  • Square Footage Source: Tax Data
  • TRPA Land Cap Study: No
  • Year Built Source: Tax Data
Utilities
  • Water Fee: $.00
  • Water Heater: Natural Gas
Interior and Exterior Features
Exterior Features
  • Construction: Wood Frame
  • Roof: Flat
Interior Features
  • Heating/Cooling: Wall or Space Heater
  • Windows: Double Pane
Multi Family
Multi-Family Information
  • Annual Operating Exp: $59,491.00
  • Effective Rental Inc: $266,400.00
  • Gross Income Source: Owner

Property History for 3546 Spruce Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3546 Spruce Avenue

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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3546 Spruce Avenue is a multi-family home for sale in South Lake Tahoe, CA 96150. This property was listed for sale on April 23, 2024 by NAI Tahoe Sierra, it's currently listed at $3,790,000. It has been on the market for a total of 234 days and was last sold on October 18, 2016. 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. 3546 Spruce Avenue is a 0-bed, 0-bath, 9,863 sqft multi-family home built in 1960.

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 NAI Tahoe Sierra, Scott S Fair, DRE #01761504

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.