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3121 Pasadena Ave

6 Unit Apartment Building $1,295,000 ($215,833/Unit) South Lake Tahoe, CA 96150

Executive Summary

Great location in the Al Tahoe area just 3 short blocks to Lake Tahoe. Very desirable for tenants. Exterior just painted. Several units have been beautifully remodeled. 4 blocks to shopping, restaurants, the senior center, and the City swimming pool and ice skating arena. Heavenly valley skiing and all outdoor activities are minutes away. Close to college and casinos. Gross income is estimated since several units are vacant and will be updated soon.

Property Facts

Price $1,295,000
Price Per Unit $215,833
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.12 AC
Building Size 2,672 SF
Average Occupancy 33%
No. Stories 2
Year Built 1959
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - 500 - 600
2+1 2 - 600
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
026-084-004-000
Land Assessment
$250,000
Improvements Assessment
$700,000
Total Assessment
$950,000

zoning

Zoning Code HDR (High Density Residential)
HDR (High Density Residential)
  • Listing ID: 29859131

  • Date on Market: 10/23/2023

  • Last Updated:

  • Address: 3121 Pasadena Ave, South Lake Tahoe, CA 96150

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