$1,500,000

2815 Lake Forest Rd.

Tahoe City, CA CA, 96145

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 6.5% CAP rate with healthy room for immediate growth. Inquire for more information.

Details

MLS#190009942
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year0
Days On Site128

Features

SQ Feet4,604
Units11
Building(s)10

Market Activity 96145

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Area Information

StateCA
CountyPlacer, CA
CityTahoe City, CA
Zip Code96145
AreaLake Tahoe, CA
Listing VS Median (in 96145)
Price:
$1,500,000
low | high
Med:
$1,500,000
50% of Average
SqFt:
4,604
low | high
Med:
4,604
50% of Average
$ / SqFt:
$326
low | high
Med:
$326
50% of Average
On Site:
128
low | high
Med:
128
100% of Average
Listing Updated: 04/01/2020
MLS Number: 190009942
Listing Provided By:
Michael Marrone  of  Chase International
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Aspen Board of Realtors MLS.