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20-Unit Apartment Complex
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3653 Blackwood Rd, South Lake Tahoe, CA 96150

Four-building apartment property with cottage-style units, on-site laundry, common area, and parking.

Property SizeContact for details
Lot Size0.94 Acres
Days on Market144

Property Features for 3653 Blackwood Rd

General Information

Standard status Active
Lot size 0.94 Acres
Property subtype Multifamily
Occupancy 50%

Property Condition

Severity Major Repairs Needed
Evidence 7 units that are completely demo’ d and awaiting remodel

Units

Unit Mix 2 x 3BR/1BA, 8 x 2BR/1BA, 7 x 1BR/1BA, 3 x studio
Multifamily Units 20

Amenities

laundry on-site
common area
ample parking

Building Details

Year Built 1963
Buildings 4
Listing Agency: Colliers - Sacramento, California
Listed By: Matt Sarro · License #CA 01942991
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Sacramento, California

Investment Insights

Based on property information with market context.

The property comprises 20 residential units across four buildings constructed in 1963. The unit mix includes two three-bedroom, one-bath cottage-style cabins; eight two-bedroom, one-bath apartments; seven one-bedroom, one-bath units; and three studios. Two units have been remodeled, 11 remain in somewhat original condition, and seven have been completely demolished and are awaiting remodel. Current occupancy is 50%. On-site laundry, common area, and parking are included among the property improvements.

The two parcels total 0.94 acres at 3653 Blackwood Rd in South Lake Tahoe. The property is located two blocks from Ski Run Blvd and a couple of miles from Stateline, NV. Residents are responsible for gas and electricity within their units, while ownership pays water, sewer, and garbage.

Key Highlights

  • 20 units across 4 buildings constructed in 1963
  • Unit mix includes 2 three‑bedroom cottages, 8 two‑bedroom units, 7 one‑bedroom units, and 3 studios
  • Current occupancy is 50%

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Building Supply HVAC Service Parking Lot & Garage 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

20
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

434
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

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 - Four-building apartment property with cottage-style units, on-site laundry, common area, and parking.
Where is this apartment building located?
The property is located at 3653 Blackwood Rd South Lake Tahoe, CA.
What are key features of this property?
This property features: 20 units across 4 buildings constructed in 1963; Unit mix includes 2 three‑bedroom cottages, 8 two‑bedroom units, 7 one‑bedroom units, and 3 studios; Current occupancy is 50%
(916) 830-2584 Call to check price and availability
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