Garden-Style Apartment
For Sale
Contact for pricing
3715 Blackwood Rd, South Lake Tahoe, CA 96150
Thirteen-unit garden-style multifamily property with surface parking, courtyard, and on-site laundry.
Property SizeContact for details
Days on Market53
Property Features for 3715 Blackwood Rd
General Information
Standard status
Active
Class
C
Property subtype
Multifamily
Zoning
Multi-Family Residential
Occupancy
61%
Investment Type
Value Add
Net Operating Income
$100,940
Additional Details
Multifamily Units
13
Building Details
Year Built
1964
Buildings
2
Units
13
Tenancy
Multi
Listing Agency:
eXp Commercial of California Inc.
(916) 524-9733
Listed By:
Russell Enyart · License #CA 01955187
Source:
Crexi
Added: Jul 1
Changed: Aug 11
Last Checked: Aug 19 at 9:29PM
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 eXp Commercial of California Inc.
Investment Insights
Based on property information with market context.
Leawood Apartments is a 13-unit garden-style multifamily community offered for sale, consisting of two primary residential buildings set on a landscaped parcel. The property includes a common courtyard, surface parking, and on-site laundry. The offering also includes five vacant units available for lease-up, creating an immediate occupancy-focused path for a new owner.
The community is located at 3715 Blackwood Rd in South Lake Tahoe, California, with direct access to US-50 and nearby dining and services. The property is positioned minutes from the Heavenly gondola base and the lake, supporting year-round relevance for residential renters in the resort market area.
This asset is well-suited for investors or operators looking for a small, manageable apartment community with existing on-site amenities and an opportunity to stabilize occupancy through lease-up of available units. With two building configuration, shared courtyard space, and on-site laundry, it supports practical day-to-day property management while providing straightforward residential layouts for tenant use.
The community is located at 3715 Blackwood Rd in South Lake Tahoe, California, with direct access to US-50 and nearby dining and services. The property is positioned minutes from the Heavenly gondola base and the lake, supporting year-round relevance for residential renters in the resort market area.
This asset is well-suited for investors or operators looking for a small, manageable apartment community with existing on-site amenities and an opportunity to stabilize occupancy through lease-up of available units. With two building configuration, shared courtyard space, and on-site laundry, it supports practical day-to-day property management while providing straightforward residential layouts for tenant use.
Key Highlights
- 13‑unit garden‑style multifamily property on Blackwood Rd in South Lake Tahoe, CA
- Two primary residential buildings with landscaped grounds, common courtyard, and surface parking
- On‑site laundry available for residents
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
366
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 - Thirteen-unit garden-style multifamily property with surface parking, courtyard, and on-site laundry.
Where is this apartment building located?
The property is located at 3715 Blackwood Rd 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 garden‑style multifamily property on Blackwood Rd in South Lake Tahoe, CA; Two primary residential buildings with landscaped grounds, common courtyard, and surface parking; On‑site laundry available for residents
