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13-Unit Apartment Building
For Sale
$1,790,000

3715 Blackwood Road, South Lake Tahoe, CA 96150

MULTI_FAMILY - South Lake Tahoe, CA

Property SizeContact for details
Lot Size0.63 Acres
Days on Market218

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: Aug 9 Last Checked: Aug 22 at 4:06PM
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.

Leawood Apartments is a 13-unit apartment property built in 1964 on a 0.63-acre parcel. The unit mix includes one studio, five one-bedroom apartments, five two-bedroom apartments, and two three-bedroom apartments. Many units have received interior updates, including newer flooring, cabinetry, countertops, and appliances. Building improvements also include refreshed exterior paint, doors, and roofing.

The property is located in South Lake Tahoe near Pioneer Trail, with access to Highway 50, Heavenly Ski Resort, and the lake. Shopping, dining, schools, skiing, hiking, and biking are also identified in the surrounding area. The address is 3715 Blackwood Road, South Lake Tahoe, California 96150.

Key Highlights

  • 13‑unit apartment property on a 0.63‑acre parcel
  • Unit mix includes 1 studio, 5 one‑bedroom, 5 two‑bedroom, and 2 three‑bedroom units
  • Many units feature updated flooring, cabinetry, countertops, and appliances

Property Analytics

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
Yes
Paved road 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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Multifamily property with varied unit sizes and recent interior and exterior updates.
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 apartment property on a 0.63‑acre parcel; Unit mix includes 1 studio, 5 one‑bedroom, 5 two‑bedroom, and 2 three‑bedroom units; Many units feature updated flooring, cabinetry, countertops, and appliances
More about this property
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