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$1,600,000
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Property Description
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.
Full Property Details
Full Property Details for 3754 Forest Ave
General
- Price: $1,600,000
- Status: Active
- Type: Multi-Family
- Source: South_Tahoe_MLS
- MLS ID: 141745
- Updated: 11/19/2025
- Added to Site: 226 day(s) ago
Rooms
Other Rooms
- Laundry: Common
Location
- Area: Bijou 1
- County: El Dorado
- Subdivision: Bijou Park Addition
- Cross Streets: Wildwood
- Driving Directions: Corner of Forest and Wildwood
Heating & Cooling
- Heating Type: Natural Gas, Wall or Space Heater
- Water Heater: Natural Gas
Structural Information
- Construction Status: Wood Frame, Wood Siding
- Construction: Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Pitched, Composition
- Windows/Doors: Other/See Remarks
- Entry Location: Two Story
- Stories/Levels: Two Story
- Year Built: 1961
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Total Bathrooms: 1
- Bedrooms: 1
Unit 8
- Total Bathrooms: 1
- Bedrooms: 1
Unit 9
- Total Bathrooms: 1
- Bedrooms: 1
Unit 10
- Total Bathrooms: 1
- Bedrooms: 1
Unit 11
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.11
- Lot Size Source: Assessor
Financial Considerations
- Price Per Sq. Ft.: $454.55
- Price Per Acre: $14,545,454.55
Disclosures and Reports
- CC&Rs: Yes
Get Pre-Approved Today
Schools
Schools serving 3754 Forest Ave
School District:Lake Tahoe Unified School District
| Name | Grades | Distance |
|---|---|---|
Sierra House Elementary School 1709 Remington Trail, South Lake Tahoe, CA 96150 | K-5 | 2.9 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 1.5 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3754 Forest Ave
Date
Details
Price
Change
Source
6/06/2025
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3754 Forest Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,709
7%
$229,955
2%
2023
$2,534
—
$225,447
2%
2023
$2,534
1%
$221,028
2%
2022
$2,510
1%
$216,695
2%
2021
$2,473
1%
$212,447
1%
2020
$2,439
—
$210,270
2%
2019
$2,428
2%
$206,148
2%
2018
$2,377
2%
$202,107
2%
2017
$2,341
2%
$198,145
2%
2016
$2,296
1%
$194,260
2%
2015
$2,273
1%
$191,343
2%
2014
$2,241
—
$187,597
—
2013
$2,234
—
$186,751
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3754 Forest Ave
3754 Forest Avenue, South Lake Tahoe, CA 96150 (MLS# 141745) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 3754 Forest Avenue is currently listed for $1,600,000 and was received on June 06, 2025. Want to learn more about 3754 Forest Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Lake Tahoe? You can browse all South Lake Tahoe real estate or contact a Coldwell Banker agent to request more information.

