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Address
2815 Lake Forest Rd. Tahoe City - CA, CA
Price
$ 1,800,000
Property Attributes
  • MLS#190009942
  • TypeMulti-Family
  • CountyPLACER - CA
  • CityTahoe City - CA
  • AreaLake Tahoe - CA
  • Zip96145
  • StyleApartment Complex
  • Price$ 1,800,000
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage4604
  • Lot Size0.43 Acres
Listing Provided Courtesy Of:
Chase International
Property Description

A rare investment opportunity of 11 units on one multi-family estate. The Lake Forest Cottages are situated in a beautiful forest setting with a premier location. 2 miles to Tahoe City, walk to beaches. All individually metered units. Versatile zoning provides diverse income opportunities including; vacation rentals, long-term rentals, commercial use and many possibilities for redevelopment. Current financials provide a 5% CAP rate with healthy room for immediate growth. Inquire for more information.

Price History
7/1/2019 Listed $1,800,000

General Features

Common Features BBQ/Picnic Area
Construction Wood Frame
Green Features None
Listing Agent 10202
Listing Status Active
Number of Units 11
Price Per Sq Ft 390.96
Status ACTIVE
Stories 1 Story
Virtual Tour https://tours.tourfactory.com/tours/tour.asp?t=2612889&idx=1
Zoning Mixed use

Interior Features

1 Bedroom - # Baths 1
1 Bedroom - # Units 5
2 Bedroom - # Baths 1
2 Bedroom - # Units 1
Appliances Varies Per Unit
Flooring Varies by Unit
Heating/Cooling Natural Gas, Wall Heater
Internet Yes
Laundry Common
Studio - # Baths 1
Studio - # Units 5
Unit Features Varies Per Unit
Utilities Cable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone
Water Heater Natural Gas
Windows Double Pane, Storm Windows, Vinyl Frame, Varies by Unit

Exterior Features

Acreage 0.43
Exterior Wood Siding
Fenced Partial
Foundation Concrete Slab
Roof Metal
Sprinklers None
Total Parking Capacity 11

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 96145

Price
AVG $1.8M
$1.8M
Visits
AVG 50
74