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$989,000
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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 four 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
- Sold For: $989,000
- Status: Closed
- Type: Multi-Family
- Source: South_Tahoe_MLS
- MLS ID: 142634
- Added to Site: 62 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
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.: $307.52
- Price Per Acre: $1,978,000
- Terms: Cash to New Loan
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Schools
Schools serving 1168 Tata Ln
School District:Lake Tahoe Unified School District
| Name | Grades | Distance |
|---|---|---|
Bijou Community School 3501 Spruce Avenue, South Lake Tahoe, CA 96150 | K-5 | 3.3 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 2.6 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions 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
5/22/2026
Sold
$989,000
—
MLS
3/24/2026
Listed
$989,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1168 Tata Lane, South Lake Tahoe, CA 96150 (MLS# 142634) is a Multi-Family property that was sold at $989,000 on May 22, 2026. 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.

