2815 Lake Forest Rd.

    Tahoe City, Ca, CA 96145
    • $1,800,000
    • STATUS: Active
    • ON SITE: 53 days
    • MLS #: 190009942
    UPDATED: 17 min ago
    $1,800,000
    • 0
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,604
      SQFT
    • $391
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:

    School Ratings & Info

    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.

    Monthly Payment Calculator

    © 2019 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Ferrari-Lund Real Estate. Real estate listings held by brokerage firms other than Ferrari-Lund Real Estate 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 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 and is 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. Data last updated: 2019-08-23T18:19:50.74.
    www.ferrari-lund.com/homes/96437094

    2815 Lake Forest Rd. Tahoe City, Ca, CA 96145

    • Price: $1,800,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: 190009942
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    4,604
    SQFT
    $391
    $/SQFT
    1939
    Built
    Neighborhood:
    Lake Tahoe, Ca
    County:
    Placer, Ca
    Area:
    Lake Tahoe, Ca
    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.
    Exterior Features

    Construction Wood Frame Exterior Wood Siding Fenced Partial Foundation Concrete Slab Landscaped Fully LandscapedYes-Full Parking Capacity 11 Parking Types CommonVaries Per Unit Roof Metal Sprinklers None

    Interior Features

    1 Bedroom Baths 1 1 Bedroom Sq Ft 0 2 Bedroom Baths 1 2 Bedroom Sq Ft 0 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances Varies Per Unit Flooring Varies By Unit Heating Cooling Natural GasWall Heater Laundry Common Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 1 Story Studio Baths 1 Studio Sq Ft 0 Unit Features Varies Per Unit Water Heater Natural Gas Windows Double PaneStorm WindowsVinyl FrameVaries By Unit

    Property Features

    1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 5 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 1 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Private Annual Expenses 40280 Annual Income And Expenses Pro Forma Apod Available Yes Common Features Bbq/Picnic Area Documents On File Survey Down Payment Assistance No Facility Features Separated Meters-GasSeparate Meters-ElectricSeparate Water HeatersSeparate Heating/CoolingTenant Pays Utilities Green Feature Double Pane Windows Green Features None Gross Scheduled Income 159000 Multifamily Type Apartment Complex Net Operating Income 118720 Owners May Sell Exchange 1031ConventionalCash Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 5 Utilities CableCity/County WaterCity SewerElectricityNatural GasTelephone Zoning Actual Mixed Use

    © 2019 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Chase International.

    © 2019 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Ferrari-Lund Real Estate. Real estate listings held by brokerage firms other than Ferrari-Lund Real Estate 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 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 and is 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. Data last updated: 2019-08-23T18:19:50.74.
     
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