3121 Pasadena Avenue

South Lake Tahoe, CA96150

Exceptional value-add investment opportunity for investors, contractors, or owner-users seeking upside potential. This multi-unit income property consists of six units: two studio units, three 1-bedroom/1-bath units, and one 2-bedroom/1-bath unit, totaling approximately 2,879 SF on a 5,227 SF lot. The property requires substantial repairs and is priced accordingly to reflect its current condition. Ideal for buyers looking to acquire at a lower basis, renovate, and create a strong cash-flowing asset or reposition for resale. Excellent opportunity for experienced investors to unlock value through renovation and lease-up. Property to be sold in its present as-is condition. Buyer to verify all unit count, square footage, condition, permits, and potential use with appropriate professionals and local authorities. For matters related to city/zoning/building requirements, please contact the City directly at (530) 542-6010.

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