Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3754 Forest Ave South Lake Tahoe, CA 96150

    Sponsored
    For Sale
    $1,600,000

    MULTI_FAMILY - South Lake Tahoe, CA

    Property size:
    3,520 SF
    Lot size:
    0.11 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 10 at 1:06 pm

    Property Features for 3754 Forest Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    027132009000
    Exterior features
    Other/See Remarks
    Size
    3,520 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Natural Gas, Space Heater
    Cooling system
    Other (Cooling)

    Building Details

    Year built
    1961
    Building materials
    Wood Frame, Wood Siding
    Roof type
    Composition
    Additional Structures
    Other

    Realty World - Lake Tahoe (530) 544-5395 [email protected]

    Listing agent Michael Phillips

    Listing date Dec 29, 2025

    MLS# 141745 Listing URL

    Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Family Investment Opportunity

    This multi-family complex features 11 units, including 2 two-bedroom/one-bath units and 9 one-bedroom/one-bath units. Each unit includes a private deck and access to a shared courtyard. The property is located on two legal parcels, and the sale includes a third adjacent vacant parcel. Additional income is generated through on-site coin-operated laundry facilities. The property is situated in a central location near major bus lines, shopping, and the casinos. The property is located in South Lake Tahoe, CA. The lot size is 0.11 acres and the property size is 3520 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Lake Tahoe
    County
    El Dorado
    State
    California
    Longitude
    -119.952121
    Latitude
    38.948188

    Nearby Similar for Sale

    • $1,588,000
      4,220 SF

      Commercial Property with Development Flexibility

      Multi-tenant property with stable income and future upside.
      2205 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
      View Details
    • New
      $1,085,000
      2,152 SF

      Lake Tahoe Investment Opportunity

      Chalet cabin and duplex near Lake Tahoe and Regan Beach.
      841 Merced Ave, South Lake Tahoe, CA 96150
      View Details
    • $2,896,000
      5,743 SF

      New Multifamily Near Heavenly Village

      New 5-unit multifamily property in South Lake Tahoe.
      1057 Fern Rd, South Lake Tahoe, CA 96150
      View Details
    • $1,225,000
      2,880 SF

      Renovated Log Cabin Duplex

      Historic South Lake Tahoe duplex near Regan Beach.
      3140 Sacramento Ave, South Lake Tahoe, CA 96150
      View Details
    • $1,099,000
      4,116 SF

      South Lake Tahoe Multifamily Investment

      Updated 7-unit apartment building in South Lake Tahoe, California.
      2165 Jean Ave, South Lake Tahoe, CA 96150
      View Details
    • $846,000
      2,116 SF

      Updated Duplex Near Heavenly Resort

      Spacious, updated duplex near Heavenly Ski Resort with income potential.
      3695 Primrose Rd, South Lake Tahoe, CA 96150
      View Details
    • $979,000
      2.07 Acres

      South Lake Tahoe Development Site

      2.07-acre multi-family development site with TRPA approval for 20 units.
      941 Silver Dollar Ave, South Lake Tahoe, CA 96150
      View Details
    • $1,500,000
      1.18 Acres

      South Lake Tahoe Industrial Property

      1.18-acre industrial property with residential units in South Lake Tahoe.
      2140 Us Highway 50, South Lake Tahoe, CA 96150
      View Details
    • $549,000
      1,792 SF

      Duplex in South Lake Tahoe

      Duplex with renovation potential in South Lake Tahoe neighborhood.
      3338 Treehaven Dr, South Lake Tahoe, CA 96150
      View Details
    • $945,000
      3,010 SF

      South Lake Tahoe Fourplex Investment

      Four-unit multifamily property near Heavenly Ski Resort, South Lake Tahoe.
      1177 Ski Run Blvd, South Lake Tahoe, CA 96150
      View Details
    • $959,000
      851 SF

      South Lake Tahoe Multifamily Investment

      Seven rental units on three lots in central location.
      1029 Reno Ave, South Lake Tahoe, CA 96150
      View Details
    • $1,150,000
      3,176 SF

      South Lake Tahoe Multifamily Property

      Seven-unit property near Stateline in South Lake Tahoe.
      1036 Moss Rd, South Lake Tahoe, CA 96150
      View Details

    FAQs

    What type of property is this?
    Apartment building - Centrally located 11-unit complex with value-add potential.
    Where is this apartment building located?
    The property is located at 3754 Forest Ave South Lake Tahoe, CA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - 11-unit multi-family complex in a prime central location.; - Includes an additional vacant parcel, offering significant upside potential.; - Value-add opportunity with potential to increase income and property value.
    (530) 544-5395
    Request Owner's contact information
    3754 Forest Ave South Lake Tahoe, CA 96150
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3754 Forest Ave
    South Lake Tahoe, CA 96150
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3754 Forest Ave South Lake Tahoe, CA 96150
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.