3546 Spruce Avenue, South Lake Tahoe, CA 96150

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
3546 Spruce Avenue,South Lake Tahoe, CA 96150
$2,750,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:matthew sarro
Office:collier's international ca, inc.
MLS#:225087587
Source:MFMLS

Price summary

  • Price:$2,750,000

About this home

Colliers Is pleased to present 3546 Spruce Ave. A revitalized 12-unit apartment property located in the world-renowned South Lake Tahoe region. This is a great opportunity to own an investment property and be partnered with Vail Properties, the owner of Heavenly resorts. Vail has master leased this apartment building for 5 years with a 2-year option to extend. The subject property has 9,863 square feet of rentable living space with a total of 3 Buildings, which is comprised of a 10-unit complex and two houses. This property was built in 1960 and renovated in 2023 by an 11-month foundation to roof renovation project. From flooring to roof everything except the foundational lumber has been removed and replaced. Renovations also include new electrical hook-ups and new transformers from the City of South Lake Tahoe. The apartment building consists of (4) 1-Bedroom/1-Bathroom units, (4) 2-Bedroom/1-Bathroom Units and (2) Studios. Two houses consist of a 2-bedroom/1-bathroom Single Family

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Home facts

  • Year built:1960
  • Listing Id #:225087587
  • Added:29 day(s) ago
  • Updated:August 13, 2025 at 02:48 PM

Heating and cooling

  • Cooling:Central, Varies by Unit
  • Heating:Central, Varies by Unit

Structure and exterior

  • Year built:1960
  • Lot area:0.53 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,750,000
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: August 13, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.