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13-Unit Multifamily Property
For Sale
$1,790,000

3715 Blackwood Road, South Lake Tahoe, CA 96150

Residential Income, South Lake Tahoe, CA

Property SizeContact for details
Lot Size0.63 Acres
Days on Market239

Property Features for 3715 Blackwood Road

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision SurroundingArea
Lot features S T R E E T
Directions US-50 to Pioneer Trail, south on Pioneer Trail, right on Blackwood Rd, property on right
Special listing conditions In Foreclosure, Real Estate Owned
Standard status Active
APN 027331014000
Lot size 0.63 Acres

Building Details

Year built 1964
Floors in Building 2
Listing Agency: eXp Realty of California, Inc
Listed By: Russell R Enyart · License #01955187
Added: Jan 16 Changed: Sep 5 Last Checked: Sep 12 at 10:06PM
MLS# 20260374

Copyright © 2026 Tahoe Sierra Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 13-unit multifamily property was built in 1964 on a 0.63-acre parcel. The unit mix includes one studio, five one-bedroom units, five two-bedroom units, and two three-bedroom units. Recent work has included interior updates such as flooring, cabinetry, countertops, and appliances in many units, along with exterior improvements to paint, doors, and roofing. Buyers should verify the condition and extent of the reported improvements.

The property is located at 3715 Blackwood Road in South Lake Tahoe, California, near Pioneer Trail with access to Highway 50. Shopping, dining, schools, Heavenly Ski Resort, and the lake are identified nearby, along with year-round skiing, hiking, and biking amenities. The in-town residential setting provides a central location for a multifamily property with varied unit sizes.

Key Highlights

  • 13‑unit multifamily property on 0.63 acres
  • Unit mix includes 1 studio, 5 one‑bedroom, 5 two‑bedroom, and 2 three‑bedroom units
  • Built in 1964

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop HVAC Service Building Supply (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby

Demographics for 96150, CA

29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated interiors and exterior improvements support a practical rental housing configuration near year-round recreation.
Where is this apartment building located?
The property is located at 3715 Blackwood Road South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: 13‑unit multifamily property on 0.63 acres; Unit mix includes 1 studio, 5 one‑bedroom, 5 two‑bedroom, and 2 three‑bedroom units; Built in 1964
More about this property
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