Listing Courtesy of: TAHOE SIERRA BOARD OF REALTORS / Tahoe City / Michael Marrone
$1,500,000
4,604
SQFT
  2815 Lake Forest Road Tahoe City, CA 96145-0000
Contingent (213 Days)

Comments

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.

MLS #
20191533
Lot Size
0.43 acres
Type
Multifamily
Style
Other
Views
Wooded
County
Placer County
Bathroom Details
Lot Information
  • Level
Heating and Cooling
  • Natural Gas
Exterior Features
  • Frame
  • Roof: Metal
Utility Information
  • Utilities: Utility District
  • Sewer: Utility District
  • Fuel: Gas
Garage
  • See Parking Desc
Location
   
Calculate drive times to this property
 

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 12, 2019
Price Changed
$1,500,000
-17%
-300,000
Jun 20, 2019
Original Price
$1,800,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Michael Marrone
Michael Marrone
NV S.176838 I CA BRE 01948344