• Price$1,500,000
  • Sq. Ft.4,604
  • Acres0.43

2815 Lake Forest Rd., Tahoe City, CA

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.

Essential Information

  • StatusActive
  • Sale TypeNone
  • Days on Website81
  • MLS® #190009942
  • Price$1,500,000
  • TypeMulti-family
  • Sub-TypeApartment Complex
  • Stories1 Story
  • Square Footage4,604
  • Lot Size (Acres)0.43
  • Annual Taxes$0

Community Information

Exterior

  • FoundationConcrete Slab
  • WindowsDouble Pane, Vinyl Frame, Varies by Unit, Storm Windows
  • RoofMetal
  • ExteriorWood Siding
  • ConstructionWood Frame

Amenities

  • UtilitiesCable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone
  • Heating/CoolingNatural Gas, Wall Heater
  • Water HeaterNatural Gas
  • LandscapingFully Landscaped, Yes-Full
  • Sprinklers/IrrigationNone
  • FencingPartial
  • Green FeaturesNone

Interior

  • Floor CoveringVaries by Unit

Additional Information

  • Financing OptionsExchange 1031, Conventional, Cash
  • ZoningMixed use
  • Listing OfficeChase International
  • Date ListedJune 20th, 2019
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The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than CalNeva Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Listing information last updated on September 19th, 2019 at 2:26pm PDT.