2269 James Ave
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2269 James Ave
3,072 SF 100% Leased Office Building South Lake Tahoe, CA 96150 $875,000 ($285/SF)
Investment Highlights
- Excellent opportunity for your own business plus additional income from the adjoining tenants.
- The half-acre lot has amble parking for all 3 units
- Located in the center of town, one block off of Highway 50
Executive Summary
Directions Corner of Tahoe Keys Blvd and James Ave.
Public Remarks Excellent opportunity for your own business plus additional income from the adjoining tenants, or a great investment for your portfolio. Located in the center of town, one block off of Highway 50, on the corner of Tahoe Keys Boulevard and James.
The half-acre lot has amble parking for all 3 units, and there is also a small residential unit attached to the property. The front two units were added onto the property approximately 26 years ago. In between the two units is an enclosed breezeway that was rented out for storage but is now empty. There is an enclosed yard shared between Units A and B, and a separate enclosed backyard area for the apartment.
Public Remarks Excellent opportunity for your own business plus additional income from the adjoining tenants, or a great investment for your portfolio. Located in the center of town, one block off of Highway 50, on the corner of Tahoe Keys Boulevard and James.
The half-acre lot has amble parking for all 3 units, and there is also a small residential unit attached to the property. The front two units were added onto the property approximately 26 years ago. In between the two units is an enclosed breezeway that was rented out for storage but is now empty. There is an enclosed yard shared between Units A and B, and a separate enclosed backyard area for the apartment.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,072 SF
Building Class
C
Year Built
1952
Price
$875,000
Price Per SF
$285
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,072 SF
Building FAR
0.14
Land Acres
0.51 AC
Zoning
GC - 12 - Improved Multi Res (2 Or 3 Living Units)
Parking
9 Spaces (2.93 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Yard
- Air Conditioning
1 of 1
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 023-221-018-000 | Improvements Assessment | $294,343 |
| Land Assessment | $45,969 | Total Assessment | $340,312 |
PROPERTY TAXES
Parcel Number
023-221-018-000
Land Assessment
$45,969
Improvements Assessment
$294,343
Total Assessment
$340,312
-
Ellen Camacho -
Sierra Sotheby's Int'l. Realty
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2269 James Ave
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