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Status: Active  
Great income property development opportunity! Per the city of South Lake Tahoe: This lot is located in special area 1 of the Al Tahoe plan area. Multifamily is an allowed use and at approximately 6000sf this parcel will support 2 units. There currently is no wait for allocations so construction could be started this spring. TRPA shows an IPES score of 868 with 30% coverage and has a November 2018 land capability verification on file. Located in the desirable Al Tahoe Neighborhood just a short walk/ bike ride to the beach, numerous local restaurants, shops and events. With the current shortage of rentals in South Tahoe, this is a great opportunity to build an investment property to hold or sell. Call for more details on the development possibilities.
For Additional Information Contact:
Deb Howard
(866) 542-2912
(530) 542-2912
Email
$84,999 
MLS# 130329
776 Modesto Ave
South Lake Tahoe, CA 96150
Area: Al Tahoe
Type: Vacant Land
Lot Size: 6001.000
Zoning: Multi Family
Electricity: Yes
Water: Utility District
Sewer: Utility District
Estimated Payment: $334.52*
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This listing courtesy of:
Keller Properties |  Michael A Keller
* Estimated payment based upon 20% down, 30 year fixed rate of 4.25%. The calculated payment is only an estimate. Actual payment may be higher to reflect taxes and insurance. It is recommended that you work with your agent to find a qualified lender.
Database Last Updated: 02/17/19
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