1070 Echo Rd, South Lake Tahoe, CA 96150
$950,000 Active Residential Income
Property Details
About this Property
1070 Echo Road is a five-unit property located in beautiful South Lake Tahoe, California. The property has a great unit mix consisting of 4 two-bed/one-bath units and 1 one-bed/one-bath unit. The units have been nicely remodeled with new flooring, cabinets, counters, appliances, and bathrooms. Rents are currently below market offering the investor tremendous income and appreciation upside. The property, located 2 blocks away from the Raley's in Village Shopping Center, Heavenly Village's movie theaters, restaurants and bars, and 5 blocks away from the state line casinos, is perfectly situated to take advantage of all the South Lake Tahoe area has to offer. The significant migration of tech professionals, core location in the heart of South Lake Tahoe, rent growth in the market, current cash flow, potential for additional income, and proximity to recreational opportunities and shopping make 1070 Echo Road a great opportunity for both the cash-flow and appreciation-minded investor.
MLS Listing Information
MLS #
ML81819729
MLS Source
MLSL
Days on Site
69
Interior Features
Kitchen
Dishwasher, Oven - Gas
Flooring
Laminate
Laundry
Hookups Only
Cooling
Ceiling Fan
Heating
Wall Furnace
Exterior Features
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Elementary District
Lake Tahoe Unified
High School District
Lake Tahoe Unified
Sewer
Public Sewer
Water
Public
Complex Amenities
Additional Storage, Common Utility Room
Zoning
HDR
1070 Echo Rd is a Residential Income in South Lake Tahoe, CA 96150. This 3,344 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $950,000 and was built in 1961. This address can also be written as 1070 Echo Rd, South Lake Tahoe, CA 96150.
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