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Investment Property in South Lake Tahoe

January 23, 2010

Investment Property in South Lake Tahoe Just Listed By Brent and Jill Johnson

1053 Moss Offered at $425,000

This 5 plex is in a great location near stateline, shopping, and the bus routes. The adjacent 5 plex at 3728 Primrose is also for sale by the same owner for $425,000. Both buildings are available to be purchased together for $795,000. There are four 2 bedroom 1 bath units, and one 1 bedroom 1 bath units in this building. There are long term tenants currently occupying 100% of this building. All units are separately metered and the tenants pay for utilities.

  • Unit #1 is a 2 bedroom, 1 bath rented for $675
  • Unit #2 is a 2 bedroom, 1 bath rented for $675
  • Unit #3 is a 1 bedroom, 1 bath rented for $625
  • Unit #4 is a 2 bedroom, 1 bath rented for $675
  • Unit #5 is a 2 bedroom, 1 bath rented for $750
  • Laundry income is $50
  • Total monthly income is $3,450

Annual Expenses

  • Property insurance $2400
  • Property taxes $4700
  • Refuse $1620
  • Sewer/water $3240
  • Gas $1800 (for common water heater)
  • Electric $600
  • Repairs and Maintenance $1200

If you would like more information on investment properties in South Lake Tahoe, please call South Lake Tahoe Real Estate agent Brent Johnson today!

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Chase International Dominates the Lake Tahoe Real Estate Market

January 9, 2010

 Chase International continues to dominate the real estate market in South Lake Tahoe in volume and the number of closed escrows. Below is a letter from our office manager Larry Finkel with the year end Lake Tahoe closing statistics.

Dear All – Congratulations to you for continuing to make Chase the #1 office in STAOR in both closed escrow volume and closed sides.  We are also now the leader in closed escrow volume in Tahoe Keys – stats below.
Our  total closed escrow volume for the year end will be over $98 million dollars with 232 transaction sides closed.  These figures include both closings in STAOR and other closings.
As far as STAOR Stats:
A.  Total Company closings including NV area in STAOR: $132,327,500 ($91,943,800 STR (Chase International South Tahoe Realty)/$40,383,700 ZC (Chase International Zepher Cove)).
      27% market share.
      236 Closed Sides -  216 STR & 20 ZC.
      Nest nearest competitor: $54,030,307 and 143 sides.
B.  Total Company closings without NV area in STAOR: $102,171,200 ($86,712,500 STR/$15,458,700 ZC).
      23.3% market share.
      218 Closed sides -  207 STR & 11 ZC.
      Next nearest competitor:  $45,505,308  and 141 sides.
C.  Total Company Closings for just Residential Properties (SFR & CT) in the City/County areas of SLT:
      $86,381,300  ($79,822,600 STR & $6,558,700 ZC). 
      23.4% market share.
      185 sides (178 STR & 7 ZC).
      Next nearest competitor: $43,572,408 with 127 sides. 
D.  Tahoe Keys closed escrow volume: $25,235,900 ( $21,436,900 STR & $3,799,000 ZC)
      40.5% market share. 
      20 Sides closed.
      Next nearest competitor: $21,526,408 with 28 sides.
      OUR GOAL THIS YEAR IS TO BE ALSO THE LEADER IN CLOSED SIDES.
E.  Closings in STAOR over $1,500,000.  There were 14 sales in this price range representing 28 sides.      
      Out of 28 possible sides Chase participated in 20 of those sides – FANTASTIC!
F.  Out of the top 50 agents in closed escrow volume for 2009 Chase has 15 of the top 50 agents.
 
These stats are extremely impressive – people like to be with a successful company! 
 
Again congratulations to you all – you are an INCREDIBLE group of agents and I am very PROUD to be associated with you!
 
Regards,
Larry Finkel
For more information about why Chase International has dominated the Lake Tahoe Real Estate market please contact South Lake Tahoe real estate agent Brent Johnson today!

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Meadow Front Lot For Sale in South Lake Tahoe

December 22, 2009

Just listed by South Lake Tahoe real estate agent Brent Johnson

1379 Chinquapin

 

One of the last available meadow front lots left in South Lake Tahoe! This 7500 square foot meadow front lot has great meadow and mountain views. This great home site has an IPES score of 655 and 4% coverage. Additional coverage is currently available on the South Lake Tahoe MLS for $30 per square foot. Do not miss out on this great setting! Currently there is no waiting for an allocation in El Dorado County so you can begin building this spring!

Please call South Lake Tahoe real estate agent Brent Johnson for additional information regarding this lot. You can also click on the following link to search all lots for sale in South Lake Tahoe  on the South Lake Tahoe MLS.

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New South Lake Tahoe MLS Listing on 1796 Arrowhead!

December 9, 2009

Just Listed by South Lake Tahoe Real Estate Agents Brent and Jill Johnson

1796 Arrowhead Offered at $249,950!

Click Here to see the Virtual Tour!

Here it is, a 3 bedroom home with a garage that is move-in ready that is NOT a short sale or a foreclosure! This cute Meyers home sits on a sunny and fully landscaped 7,550 square foot lot. Recent upgrades include a new gas freestanding fireplace, laminate flooring, and a comp roof. Give South Lake Tahoe Real Estate Agents Brent and Jill Johnson a call to see this house today!

  • 3 Bedroom, 1 bath, 1 car garage
  • Newer Gas Stove
  • Fully landscaped front and back yard
  • Fully fenced back yard
  • 1040 square feet
  • Very clean and well kept home!

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New Lake Village Condo Listing in Stateline Nevada!

October 6, 2009

Just Listed by Brent and Jill Johnson!
11 Manzinata Ct., Stateline Nevada

 Offered at $319,000!

Fully remodeled and tastefully furnished 2 bedroom Lake Village condo. You will enjoy cooking in the new gourmet kitchen with granite counter tops, maple cabinets, stainless steel appliances, and a Bosch dishwasher. The bathroom remodel includes a stainless steel vessel sink, granite counter tops, and new tile. New oak hardwood flooring, open beam ceilings and great forest views make this the ultimate Tahoe retreat. This condo is sold turn key fully furnished. Lake Village property owners enjoy use of the pool, spa, sauna, club house, and tennis courts. Why deal with a foreclosure or a short sale that needs work when you can have a turn-key Lake Village condo at this price!

 

 

Please call Nevada and California South Lake Tahoe Real Estate agent Brent Johnson to schedule an appointment to see this new Lake Village condo listing today!

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