3668 Spruce Ave
South Lake Tahoe, CA 96150

Bd   — Ba   17,980 Sqft
The Slalom Apartments is a 31 unit apartment complex consisting of 2 two story wood-frame buildings on 2 contiguous street to street parcels totaling .80 acre. 3668 Spruce Ave and has 15 one bed, one bath units of similar size and layout. This building was constructed in 1966 and is master metered with all utilities (gas, electric, water- sewer) included with rent. 3665 Willow was built in 1971 and has 16 one bed, one bath units. This is an all electric building, but the utilities are separately metered with the tenants paying for the electricity usage within their units and for all appliances, hot water heaters, and electric wall heaters. The property went through a major upgrade of the interiors within the past 18 months with 90% of the units appointed with hardwood flooring, new counter tops, tile and new interior finishes. Located in South Lake Tahoe just a few blocks walking distance from the shores of Lake Tahoe, and minutes to Famous Ski & Snowboarding Resorts and Casinos. There are shuttles within a few blocks that service the ski resorts, casinos, entertainment and shopping. The city has rent control, but the ordinance allows for up to a 10% rent increase every 6 months, so it does not have any material long term impact on income.
  • Zipcode: 96150
  • Days on Movoto: 421
  • Year Built: 1966
  • HOA:
  • $/Sqft: $128
  • Lot: 34,979 Sqft
  • Property Type: Multi Family
  • MLS#: SB16022302
  • MLS:
  • Listing Office: RE/MAX Commercial & Inv Realty
  • Listed By: Stephen Lampe
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Property History

Status
Date
Price
Expired
Dec 31, 2016
#20160229
Listed
Feb 1, 2016
$2,300,000
#SB16022302
Listed
Feb 1, 2016
$2,300,000
#20160229

Public Record

Basic Info
Beds : 15
Baths : 15
Building Area : 8,960 Sqft
Quadruplex (4 units, any combination)
Partial Baths :
Rooms : 45
Lot Size : 14,985 Sqft
Year Built : 1966
Last Sale Price :
Last Sale Date : 12/24/2003
House Features
Built in 1966, this multi family house at 3668 Spruce Ave, South Lake Tahoe CA, 96150 is approximately 17,980 square feet and comes with 40 parking spots. It was last listed with a cost per Sqft of $128. 3668 Spruce Ave is located in the Lake Tahoe Unified School District. The closest school is South Tahoe Middle School.

3668 Spruce Ave, South Lake Tahoe CA, 96150 was on the market for 421 days. The median days on the market for properties in this area is 125 with a median list price of $975,000 and median cost per square foot of $453. Its current status is removed under the MLS #SB16022302.

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