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About This Home
This 0-bedroom, 0-bathroom residential multi family at 3754 Forest Avenue in South Lake Tahoe, CA is listed for $1,600,000 ($455 per sqft). Built in 1961, the home offers 3,520 sqft of living space on a 0.11 acres lot.
Centrally Located Multi-Family Investment - 11 Units on 2 Parcels, Plus 1 vacant Parcel.Value-Add Potential Investor alert! This maintained and compliant 11-unit multi-family complex features 2 two-bedroom/one-bath units and 9 one-bedroom/one-bath units, each with a private deck and access to a shared courtyard ideal for tenant enjoyment and retent
ion.Located on two legal parcels, the sale also includes a third adjacent parcel, offering significant upside. Additional income is generated through on-site coin-operated laundry facilities. Whether you choose to sell the third parcel, hold for future development, or expand the existing complex, the options are yours.Situated in a prime central lo
cation near major bus lines, shopping, and the casinos, this property offers strong rental demand, accessibility and room for growth. Don't miss this rare opportunity to acquire a flexible, income-producing asset in a high-demand area.
Key Features
- Built in 1961
- 0.11 acre lot
Property Details
Monthly Cost Estimate
$8,557/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3754 Forest Avenue
South Lake Tahoe, CA 96150
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 3754 Forest Avenue is listed at $1,600,000 ($455/sqft). The estimated monthly payment is $6,933 based on 20% down at 6.5% interest.
Key features include: Built in 1961, 0.11 acre lot.
This property is listed by Michael Phillips and can be reached at (530) 544-5395 or MikePhillips530@gmail.com.
