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$1,399,000 Just Listed
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Property Description
Amazing investment property. This is a 4-unit complex on two separate lots. The first unit is a duplex with the front unit having 2 bedrooms and 2 bathrooms, an in-unit washer and dryer, a private front courtyard and a single car garage. This unit has been recently updated with new flooring and a new water heater. The rear unit is a 1 bedroom 1 bathroom with updated flooring. The third unit is a two story one bedroom and one bathroom with updated flooring and new gas stove heating. The fourth unit is a spacious 1 bedroom and 1 bathroom with a separate fenced side yard with a pergola. There is ample parking for all tenants and five storage units on the property. The property has three long term tenants who are interested in staying. The lot next door, 1164 Tata Lane, is included in this purchase.
Full Property Details
Full Property Details for 1168 Tata Ln
General
- Price: $1,399,000
- Status: Active
- Type: Multi-Family
- Source: South_Tahoe_MLS
- MLS ID: 141157
- Updated: 1/30/2025
- Added to Site: 6 day(s) ago
Rooms
Other Rooms
- Laundry: In Unit
Parking
- Carport Spaces: 1
Location
- Area: Y Area
- County: El Dorado
- Subdivision: W D Barton 2
- Cross Streets: D Street
- Driving Directions: Lake Tahoe Blvd to Tata Lane
Heating & Cooling
- Heating Type: Natural Gas
- Water Heater: Natural Gas
Utilities
- Utility Description: NaturalGasAvailable, City Water, City Sewer
Structural Information
- Construction Status: Wood Frame, Wood Siding
- Construction: Wood Frame, Wood Siding
- Foundation: Slab, Post & Pier
- Roof: Composition, Metal
- Windows/Doors: Single Pane, Double Pane
- Entry Location: One Story, Two Story
- Stories/Levels: One Story,Two Story
- Year Built: 1960
Unit Information
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.5
- Lot Size Source: (Assessor)
Financial Considerations
- Price Per Sq. Ft.: $435.01
- Price Per Acre: $2,798,000
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Schools
Schools serving 1168 Tata Ln
School District:Lake Tahoe Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3501 Spruce Ave, S Lake Tahoe, CA 96150 | K-5 | 3.4 mi | |
2940 Lake Tahoe Blvd, S Lake Tahoe, CA 96150 | 6-8 | 2.6 mi | |
1735 Lake Tahoe Blvd, S Lake Tahoe, CA 96150 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1168 Tata Ln
Date
Details
Price
Change
Source
1/30/2025
Listed
$1,399,000
599.5%
MLS
4/30/1990
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1168 Tata Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,034
—
$179,307
2%
2023
$2,034
1%
$175,792
2%
2022
$2,015
1%
$172,346
2%
2021
$1,986
1%
$168,968
1%
2020
$1,959
—
$167,236
2%
2019
$1,950
2%
$163,958
2%
2018
$1,909
2%
$160,744
2%
2017
$1,880
2%
$157,593
2%
2016
$1,844
1%
$154,504
2%
2015
$1,826
2%
$152,185
2%
2014
$1,797
—
$149,206
—
2013
$1,791
—
$148,533
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1168 Tata Ln
1168 Tata Lane, South Lake Tahoe, CA 96150 (MLS# 141157) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1168 Tata Lane is currently listed for $1,399,000 and was received on January 30, 2025. Want to learn more about 1168 Tata Lane? Do you have questions about finding other Multi-Family real estate for sale in South Lake Tahoe? You can browse all South Lake Tahoe real estate or contact a Coldwell Banker agent to request more information.