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South Lake Tahoe Multifamily Property

3880 Pioneer Trl South Lake Tahoe, CA 96150

3880 Pioneer Trl, South Lake Tahoe, CA, 96150
$950,000
For Sale
Claim this Listing
$950,000

MULTI_FAMILY - South Lake Tahoe, CA

Property Size3,125 SF
Lot Size0.12 Acres
Price / SF$304
AddedNov 18, 2025
Days on Market239
Last RefreshJul 15 at 8:06 am

Property Features for 3880 Pioneer Trl

General Information

Property type
Residential Multi Family
Property subtype
Other
Window features
Window Coverings
Exterior features
Back Yard, Front Yard
Standard status
Active
APN
029371011000
Size
3,125 SF
Lot size
0.12 Acres

Utilities

Heating system
Natural Gas

Building Details

Year built
1971
Number of units
5
Flooring type
Carpet - Partial, Linoleum, Tile
Building materials
Stucco, Wood
Roof type
Flat

Listing agent Daniel Gamache

Listing office Keller Williams Tri-Valley 3825 Hopyard Rd. Ste 106, Livermore, CA

Listing date Nov 18, 2025

MLS# 41117721 Listing URL

Copyright © 2026 Bay East. 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 multifamily property features a five-unit building situated in a prime location within South Lake Tahoe, California. The property contains highly desirable rental units due to its location. The building has a total area of 3125 square feet and is located on a 0.12-acre lot. The property is within walking distance of the Stateline area.

Key Highlights

  • 5‑unit building
  • Built in 1971
  • Heating: natural gas

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $90.0k $28.80
− Vacancy −$5.5k −$1.76
EGI $84.5k $27.04
− OpEx −$38.0k −$12.17
NOI $46.5k $14.87
3,125 SF · lease $28.80/SF/yr · vacancy 6.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$664.0K
$581.0K – $774.7K (±1% cap)
NOI $46,481 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.12M
$977.6K – $1.30M (±1% cap)
NOI $78,207 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Furniture & Home Goods Auto Repair Shop Carpet & Flooring Store Butcher Veterinary Clinic Home Appliance Store (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five-unit multifamily property in a prime South Lake Tahoe location.
Where is this apartment building located?
The property is located at 3880 Pioneer Trl South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 5‑unit building; Built in 1971; Heating: natural gas
Contact an agent
More about this property
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