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.
Property Details
Price:
$1,600,000
MLS #:
141745
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Apt Build 5-12 Units
Neighborhood:
bijou1
Listed Date:
Jun 6, 2025
Finished Sq Ft:
3,520
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1961
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address3754 Forest Avenue South Lake Tahoe CA
- NeighborhoodBijou 1
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Multi Family in South Lake Tahoe as of Oct 24, 2025
24
Multi Family Listed
160
Avg DOM
364
Avg $ / SqFt
$1,202,458
Avg List Price
Property Summary
- 3754 Forest Avenue South Lake Tahoe CA is a Multi Family for sale in South Lake Tahoe, CA, 96150. It is listed for $1,600,000
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Courtesy of Michael Phillips of Realty World Lake Tahoe. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the South Tahoe Association of Realtors. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. South Tahoe Association of Realtors. All rights reserved. 3754 Forest Avenue
South Lake Tahoe, CA






















