803 Merced Avenue, South Lake Tahoe, CA 96150
803 Merced Avenue, South Lake Tahoe, CA 96150
803 Merced Avenue, South Lake Tahoe, CA 96150
803 Merced Avenue, South Lake Tahoe, CA 96150
803 Merced Avenue, South Lake Tahoe, CA 96150
803 Merced Avenue, South Lake Tahoe, CA 96150
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Lisa Valentine

Lisa Valentine

+1(775) 292-0809
$ 450,000
Est. payment | /mo

4 Beds

1,100 SqFt

Save
$ 450,000
Est. payment | /mo
Save

4 Beds

1,100 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $409

Subdivision Al Tahoe 1

MLS Listing ID 143316

Bedrooms 4

Year Built 1955

Lot Size 4,792 Sqft

Acres 0.11

Property Sub-Type Duplex

Property Description

Fixer-upper duplex opportunity in Al Tahoe with 2 detached, single-level residences, each offering 2 bedrooms, 1 bathroom and fully separate utilities. Both units are vacant and ready for renovation, creating a strong option for an investor, an owner-occupant looking to offset expenses with rental income, or a buyer seeking to build equity through improvements.The flat parcel provides approximately 4 off-street parking spaces, along with usable outdoor space that could be divided into separate yard areas. The detached configuration offers more privacy than a traditional side-by-side duplex, while the low entry price and conforming multifamily use provide meaningful upside. Pro forma rents are conservatively projected at $2,000 per month, per unit, depending on the scope and quality of improvements.Located just 2 blocks from Lake Tahoe, the property is within walking or biking distance of Regan Beach, neighborhood lake access and pier facilities near Lily Avenue, Lakeview Commons, meadow trails, restaurants and the newly renovated recreation and swim complex.

Location

State CA

County El Dorado

Area Al Tahoe

Interior

Heating Natural Gas, Wall or Space Heater

Cooling Natural Gas, Wall or Space Heater

Laundry Other/See Remarks

Exterior

Garage Spaces 5.0

Utilities Available NaturalGasAvailable, Cable TV, Telephone

Roof Type Asphalt,Composition

Building

Story One Story

Foundation Slab

Water Natural Gas

Others

Ownership Fee Simple

South Tahoe MLS (STAR)
Listed by Compass
Lisa Valentine

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(775) 292-0809

lisa@tahoereo.com

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803 Merced Avenue