Property Details
About this Property
Colliers is pleased to present 673 James Ave, a rare opportunity to purchase a well-kept and fully remodeled five-plex on an oversized lot located in the beautiful South Lake Tahoe area. The property is located just ten minutes from Heavenly ski Village and Stateline Nevada. The subject property was extensively remodeled, including new electrical and plumbing throughout both buildings while keeping a beautiful South Lake Tahoe look. It is truly a turnkey asset for the next investor. The property was originally built in 1965 but after a significant remodel it has the appearance of a newly constructed community that meets the gentrification rapidly occurring in South Lake Tahoe. The building consists of one- and two-bedroom units and plenty of on-site parking. There are two, 1-bedroom/1-bathroom units, one 2-bedroom/2-bathroom unit and two 2-bedroom/2-bathroom units with fireplaces. Each unit is individually metered for gas and electricity with the owner paying for water, sewer and garbage, common area lighting and heating of the water heaters. The property comes equipped with two parking garages/storage units that are both rented for $100/each adding an additional $2,400/ year in rental income.
MLS Listing Information
MLS #
ME225092159
MLS Source
MetroList Services, Inc.
Days on Site
2
Interior Features
Flooring
Carpet, Varies by Unit, Vinyl
Cooling
Central Forced Air, Varies by Unit
Heating
Central Forced Air, Hot Water, Steam/Hot Water, Varies by Unit, Wall Furnace
Exterior Features
Foundation
Raised, Slab
Parking, School, and Other Information
Garage/Parking
Attached Garage, Detached, Gate/Door Opener, Off-Street Parking, Garage: 0 Car(s)
Elementary District
Lake Tahoe Unified
High School District
Lake Tahoe Unified
Sewer
Other, Public Sewer
Water
Other, Public
HOA Fee
$0
Zoning
HDR
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 550 | 1 | 1/0 | $1,685 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
673 James Ave is a Residential Income in South Lake Tahoe, CA 96150. This 4,272 square foot property sits on a 0.25 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,400,000 and was built in –. This address can also be written as 673 James Ave, South Lake Tahoe, CA 96150.
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This listing information is up-to-date as of July 15, 2025. For the most current information, please contact Matthew Sarro, (916) 616-5267
