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3121 Pasadena Ave 6 Unit Apartment Building $1,807,716 CAD ($301,286 CAD/Unit) South Lake Tahoe, CA 96150



INVESTMENT HIGHLIGHTS
- Just 3 short blocks to Lake Tahoe
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 | $1,807,716 CAD | Building Class | C |
| Price Per Unit | $301,286 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 2,672 SF |
| No. Units | 6 | Average Occupancy | 33% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1959 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | HDR - High Density Residential | ||
| Price | $1,807,716 CAD |
| Price Per Unit | $301,286 CAD |
| 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 |
| Zoning | HDR - High Density Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 500 - 600 |
| 2+1 | 2 | - | 600 |
1 1
Bike Score®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 026-084-004-000 | Improvements Assessment | $1,021,515 CAD |
| Land Assessment | $364,827 CAD | Total Assessment | $1,386,341 CAD |
PROPERTY TAXES
Parcel Number
026-084-004-000
Land Assessment
$364,827 CAD
Improvements Assessment
$1,021,515 CAD
Total Assessment
$1,386,341 CAD
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3121 Pasadena Ave
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