The Victoria’s Properties Team, as the exclusive agent, is pleased to present the opportunity to acquire 2975 Sacramento Avenue and 851 Capistrano Avenue, a combined 12-unit multifamily investment located in South Lake Tahoe, CA. Built in 1958, 2975 Sacramento Avenue and 951 Capistrano Avenue offers a diverse mix of studio, one, and two-bedroom units. The property is single-story with an on-site laundry room, central courtyard, off street parking spaces, a storage garage, and storage units. Positioned just a 6-minute walk from the shimmering shores of Lake Tahoe and Regan Beach, the property offers an unbeatable combination of strong rental income, a walkable lifestyle, and long-term appreciation potential. This fully occupied 12-unit apartment complex is located in the Al Tahoe neighborhood, one of South Lake Tahoe’s most centrally located and tenant-friendly areas. This property offers reliable income and long-term upside. Investment Highlights: • 12 Fully-occupied Units: A solid unit mix of studios, one-bedroom, and two-bedroom apartments—with strong rental history and strong demand, ideal for maximizing rental diversity and occupancy • Updated Interiors: Six of the units feature renovated kitchens, with new flooring, cabinets, and appliances • Location, Location, Location: Just a short walk to Regan Beach, Lakeview Commons, dining, shopping, and public transit—this is one of South Lake Tahoe’s most livable neighborhoods • Potential Rent Upside: Most units are below market providing upside potential in rents • Potential 13th Unit: The storage garage could be converted to a studio unit (buyer to confirm with the city) • Priced Below Market Value: Priced approximately $24k per unit below average market sold comparables • Potential Expansion: Adjacent vacant lot could be purchased for additional multifamily development • Other Income Potential: Fees could be implemented for utilities, parking, laundry, and storage