$395,000
3610 Spruce Avenue #4
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
3 Beds
·
2.0 Baths
·
1,176 Sq Ft
·
1306 Lot

About This Property

Back on the Market Check out the new Price!! Great central location for this well priced 3bd 2ba 1176 sq ft single story bottom floor condo located off Ski Run. Suitable for all family members, friends or investment. One of the few 3bd condos in this area, features open wood burning fireplace decent size living room and laundry hook ups in the kitchen. This condo is a blank slate for your creativity. The kitchen flooring is newer as well as the guest bathroom. Carpet throughout is in good condition. All interior doors are updated raised panel.There is an onsite water well which is part of your HOA. Also, one of the very few condo complexes that incorporates gas in your HOA all for $757 per month. The Kings IV Condo complex consists of 6 units per building with a total of 4 buildings. The seasonal pool is located in the middle for all residents to use. Tucked away on a quiet street with access to all South Tahoe has to offer for every season!! Home inspection report on file.

Listed by Claudette Olsen — Coldwell Banker Select - LTB

Listing Details

Status Active
MLS # 142435
Days on Market 59
Sold Date 1800-01-01
Price/Sq Ft $336

Property History

Jan 16, 2026
Listed for sale
$395,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,176
Lot Size 0.03 acres
Year Built 1965
Property Type Condominium
Style Other/See Remarks
Subdivision Kings 04 Subd
APN 027411005000
Exterior & Lot
Exterior Features Other/See Remarks
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Natural Gas, Baseboard
Financial
HOA Fee $757 / Monthly
HOA & Community
Community Amenities Pool
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($79,000)
Home price
$395,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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