Discover an exceptional investment opportunity in the heart of South Lake Tahoe with this fully remodeled turnkey duplex. Boasting 1,664 square feet, each of the two spacious 832-square-foot units offers two bedrooms, one bathroom, private yards, personal laundry, storage sheds, and cozy wood-burning fireplaces. Situated next to a vacant CA State Land lot and just moments away from Heavenly Ski Resort, retail shopping, top-tier restaurants, and the enchanting shores of Lake Tahoe, this property combines convenience with tranquility. Both units have undergone extensive updates, including full kitchen remodels, renovated bathrooms, modern appliances, new flooring, upgraded wall heaters, dual pane vinyl windows, and updated plumbing and electric systems. The recently regraded and paved driveway accommodates up to four cars with ease. Currently occupied by reliable tenants paying market rents, this duplex is poised as a lucrative investment opportunity for discerning investors seeking stability and growth. Don't miss the chance to capitalize on this prime real estate offering in South Lake Tahoe.
Sold for $682,500
$682,500
3689 Larch Ave, South Lake Tahoe, CA 96150
4beds
2baths
1,664sqft
Duplex
Built in 1963
-- sqft lot
$682,800 Zestimate®
$410/sqft
$2,717 Estimated rent
Home value
$682,800
$642,000 - $731,000
$2,717/mo
Zestimate® history
Owner options
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$2,717/mo
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$2,717/mo
Rent Zestimate®
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$4,312/mo
Est. payment
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$4,312/mo
Est. payment
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List your homeWhat's special
Storage shedsModern appliancesHeavenly ski resortRetail shoppingPrivate yardsFull kitchen remodelsRenovated bathrooms
Zillow last checked:
Listing updated:
Listed by:
Gregory S Ochoa 775-339-1919 gregory@mountainlux.com,
Mountain Luxury Properties
Bought with:
Gregory S Ochoa, 01725318
Mountain Luxury Properties
Source: STAOR,MLS#: 139685
Originating MLS: South Tahoe Association of Realtors
Originating MLS: South Tahoe Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Wall or Space Heater, Fireplace(s), Separate Heat/Cool
Appliances
- Included: Sep. Water Heater, Gas Water Heater
- Laundry: In Unit
Features
- 1st Unit: 2 Beds - 1 Bath, 2nd Unit: 2 Beds - 1 Bath
- Windows: Double Pane Windows, Vinyl Frame
- Basement: Concrete/Crawl Space
- Has fireplace: Yes
Interior area
- Total structure area: 1,664
- Total interior livable area: 1,664 sqft
Property
Parking
- Total spaces: 4
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,227 Square Feet
Details
- Additional structures: Storage Shed
- Parcel number: 027135020000
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Frame, Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition,Shingle
Condition
- Year built: 1963
Utilities & green energy
- Utilities for property: Natural Gas Available, Cable Connected, Phone Connected
Community & HOA
Community
- Subdivision: Unavail
Location
- Region: South Lake Tahoe
Financial & listing details
- Price per square foot: $410/sqft
- Tax assessed value: $710,073
- Annual tax amount: $3,888
- Date on market: 12/15/2023
- Cumulative days on market: 46 days
- Date available: 01/01/1800
- Listing terms: Cash to New Loan
- Ownership: Fee Simple
- Total actual rent: 55320
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2024 | Sold | $682,500+5.3%$410/sqft |
Source:  STAOR #139685 Report a problem | ||
| 12/23/2023 | Pending sale | $648,000$389/sqft |
Source: STAOR #139685 Report a problem | ||
| 12/15/2023 | Listed for sale | $648,000+102.5%$389/sqft |
Source: STAOR #139685 Report a problem | ||
| 3/7/2017 | Sold | $320,000$192/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $710,073 +2% |
| 2025 | $10,790 +124% | $696,150 +92.1% |
| 2024 | $4,818 +23.9% | $362,392 +2% |
| 2023 | $3,888 +1% | $355,287 +2% |
| 2022 | $3,850 +1.6% | $348,322 +2% |
| 2021 | $3,791 +1.5% | $341,493 +1% |
| 2020 | $3,737 +2.6% | $337,993 +2% |
| 2019 | $3,643 +2.3% | $331,367 +2% |
| 2018 | $3,561 +30.5% | $324,870 +35.2% |
| 2017 | $2,729 +2% | $240,224 +2% |
| 2016 | $2,675 +1.1% | $235,514 +1.5% |
| 2015 | $2,647 +3.7% | $231,979 +2% |
| 2014 | $2,552 | $227,438 +0.5% |
| 2013 | -- | $226,412 +4% |
| 2012 | -- | $217,625 |
| 2011 | -- | $217,625 +44.3% |
| 2010 | -- | $150,786 -0.2% |
| 2009 | -- | $151,146 +2% |
| 2008 | -- | $148,183 +2% |
| 2007 | -- | $145,279 +2% |
| 2006 | -- | $142,432 +2% |
| 2005 | -- | $139,640 +2% |
| 2004 | -- | $136,903 |
Find assessor info on the county website
Neighborhood: 96150
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Nearby schools
GreatSchools rating
- 6/10Sierra House Elementary SchoolGrades: K-5Distance: 2.7 mi
- 4/10South Tahoe Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10South Tahoe High SchoolGrades: 9-12Distance: 4.1 mi
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Estimated market value
$682,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$682,800
- California
- El Dorado County
- South Lake Tahoe
- 96150
- 3689 Larch Ave
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