$825,000
4,332 sq. ft.
38.928284 -119.979095
FOR SALE

1060 Marjorie Street South Lake Tahoe, CA 96150

$825,000
Est. Monthly $3,606 recalculate
4,332 sf
 

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CENTURY 21 At Tahoe Paradise
3141 Hwy 50, Suite A
South Lake Tahoe, CA 96150
530.­577.2100
530.­577.2100
CENTURY 21 At Tahoe Paradise
3141 Hwy 50, Suite A South Lake Tahoe, CA 96150
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1060 Marjorie Street
South Lake Tahoe, CA 96150

Explore This Property

Multi-Family (2-4 Units) - Great investment property! CAP rate of 6.9%! Rentals are at a premium in Lake Tahoe. SLT City has indicated the greatest housing need in SLT is for more studios. Multi-Residential complex with 12 studio units and shared a kitchen. Located near shopping, bank & bus route. 100% occupied. 12- studio/bathroom units; Two units have fireplaces; one unit has a full kitchen with FP; shared kitchen facility on 2nd floor. Efficient radiator heat. Over $150,000 in renovations:newly painted; renovated,including dual pane windows, refinished parking area with striping, renovated interiors & more! Managed by local rental agency. Multi-zoned vacant parcel to right is also for sale-$110,000- MLS #122429. Call listing agent for more information.
MLS # 122401
Courtesy Of Coldwelll Banker McKinney Realtors, Inc.

Property Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Exterior Type: Wood Siding
  • Heating Fuel: Natural Gas
  • Heating System: Forced Air
  • Lot Size: 0.27 Acres
  • Roof Type: Composition Shingle

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $3,606Your estimated monthly payment
    $165,00020% Down Payment
    $825,000 $742,500
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    TAHOE VALLEY ELEMENTARY SCHOOL
    Grades K-5 | Public School

    SOUTH LAKE TAHOE, CA 96150
    943 TAHOE ISLAND DR
    530-543-2350
    1.5
    miles

    Total Students 500
    Student Teacher Ratio 18:1

    School Rating

    2 stars View School Details
    Middle School
    SOUTH TAHOE MIDDLE SCHOOL
    Grades 6-8 | Public School

    SOUTH LAKE TAHOE, CA 96150
    2940 LAKE TAHOE BLVD
    530-541-6404
    0.5
    miles

    Total Students 820
    Student Teacher Ratio 22:1

    School Rating

    2 stars View School Details
    High School
    SOUTH TAHOE HIGH SCHOOL
    Grades 9-12 | Public School

    SOUTH LAKE TAHOE, CA 96150
    1735 LAKE TAHOE BLVD
    530-541-4111
    2.3
    miles

    Total Students 1080
    Student Teacher Ratio 17:1

    School Rating

    3 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Bijou Community School 1.3 mi Public K-5
    Sierra House Elementary School 1.7 mi Public K-5
    Mt. Tallac High School 2.3 mi Public 11-12
    Transitional Learning Center (continuation) 2.3 mi Public 9-12
    Lake Tahoe Environmental Science Magnet 5.3 mi Public K-5

    Local Area Information for South Lake Tahoe, CA 96150

    Median Age: 39.9
    Married: 39.5%
    Number of Households: 12,619
    Households with Children: 3,321
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      The Multi-Family (2-4 Units) located at 1060 Marjorie Street, South Lake Tahoe, CA 96150 is currently for sale. 1060 Marjorie Street, South Lake Tahoe is listed for $825,000. This property has approximately 4,332 square feet. If the property located at 1060 Marjorie Street, South Lake Tahoe, CA isn't what you're looking for, search California real estate to see other houses for sale in South Lake Tahoe.