# 3754 Forest Avenue, South Lake Tahoe, CA 96150

> **TL;DR:** residential multi family, $1,600,000 ($455/sqft), built 1961, 3,520 sqft. Est. $6,933/mo. Listed 308 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,600,000 |
| Price/sqft | $455 |
| Square Feet | 3,520 |
| Year Built | 1961 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 308 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,933 |
| **Total** | **$6,933** |

## Property Highlights

- Built in 1961
- 0.11 acre lot

## Description

### Agent Description
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 retention.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 location 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.

## Location

- **Address:** 3754 Forest Avenue, South Lake Tahoe, CA 96150
- **County:** El Dorado
- **Coordinates:** 38.948188, -119.952121
- **Google Maps:** https://www.google.com/maps?q=38.948188,-119.952121

## Listing Agent

- **Name:** Michael Phillips
- **Brokerage:** Realty World Lake Tahoe
- **Phone:** (530) 544-5395
- **Email:** MikePhillips530@gmail.com

## Primary Photo

![3754 Forest Avenue - Primary Photo](http://lh.rdcpix.com/08e4e0790eb478c77e1f1d630995066el-f3536441777r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/3754-forest-avenue-south-lake-tahoe-ca-96150-a141745)*

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**MLS#:** 141745 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3754-forest-avenue-south-lake-tahoe-ca-96150-a141745)

---

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