7-Unit Apartment
For Sale
$1,150,000
1036 Moss Rd, South Lake Tahoe, CA 96150
MULTI_FAMILY - South Lake Tahoe, CA
Property Size3,176 SF
Lot Size0.23 Acres
Price / SF$362.09
Days on Market263
Property Features for 1036 Moss Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Exterior features
Front Yard
Lot features
Front Yard
Subdivision
Listing
Standard status
Active
APN
029352006000
Size
3,176 SF
Lot size
0.23 Acres
Utilities
Heating system
Wall Furnace
Building Details
Year built
1957
Number of units
7
Flooring type
Carpet - Partial, Tile, Laminate
Building materials
Wood
Roof type
Composition
Listing Agency:
Keller Williams Tri-Valley · Keller Williams Realty
(925) 397-4200
Listed By:
Daniel Gamache
(925) 918-0332
Added: Nov 15, 2025
Changed: Aug 2
Last Checked: Aug 5 at 8:06PM
MLS# 41117587
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 7-unit apartment building offers a simple mix for residential income use: six studio units with one bathroom each, plus one one-bedroom unit with one bathroom. The property is wood-constructed and features wall furnace heating, with a composition roof. Interior finishes include carpet (partial), tile, and laminate flooring.
The site sits on a 0.23-acre lot and totals 3,176 SF. Parking is provided via on-street spaces, and the exterior includes a front yard. Built in 1957, the building is positioned for walkable access to Stateline.
The unit mix provides a combination of studio layouts and a single one-bedroom configuration within one wood apartment property.
The site sits on a 0.23-acre lot and totals 3,176 SF. Parking is provided via on-street spaces, and the exterior includes a front yard. Built in 1957, the building is positioned for walkable access to Stateline.
The unit mix provides a combination of studio layouts and a single one-bedroom configuration within one wood apartment property.
Key Highlights
- 7‑unit apartment building with six studio units and one one‑bedroom unit
- 0.23‑acre lot and 3,176 SF total building size
- Built in 1957 with wood construction and composition roof
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 | $91.5k | $28.80 |
| − Vacancy | −$5.6k | −$1.76 |
| EGI | $85.9k | $27.04 |
| − OpEx | −$38.7k | −$12.17 |
| NOI | $47.2k | $14.87 |
3,176 SF · lease $28.80/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$674.8K
$590.5K – $787.3K
NOI $47,239 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.14M
$993.6K – $1.32M
NOI $79,484 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Wood apartment building built in 1957 offering six studio units and one one-bedroom unit with on-street parking.
Where is this apartment building located?
The property is located at 1036 Moss Rd South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 7‑unit apartment building with six studio units and one one‑bedroom unit; 0.23‑acre lot and 3,176 SF total building size; Built in 1957 with wood construction and composition roof
