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8-Unit Apartment Property
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3775 Paradise Ave, South Lake Tahoe, CA 96150

Fully occupied, two-story eight-unit multifamily property with secured parking and on-site laundry access.

Property Size5,351 SF
Lot Size0.23 Acres
Days on Market121

Property Features for 3775 Paradise Ave

General Information

Standard status Active
Size 5,351 SF
Lot size 0.23 Acres
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 8

Amenities

laundry access
auto sprinklers
lighted secured parking
exterior lighting

Building Details

Stories 2
Tenancy Multi
Listing Agency: C21 Commercial
Listed By: Jared Ennis · License #CA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 3:37AM

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 C21 Commercial

Investment Insights

Based on property information with market context.

This fully occupied eight-unit multifamily apartment property features two two-story structures totaling 8 units. Unit mix includes two 2 bed/1 bath apartments, two 2 bed/1.5 bath apartments, two studios, two 1 bed/1 bath apartments, and one additional small cabin-style unit with a wood-burning fireplace and a large fenced-in, landscaped yard with auto sprinklers. The community includes access to laundry for residents, exterior lighting throughout the property, and lighted secured parking.

The neighborhood is described as quiet and primarily single-family residential, with the property located off a main arterial. The remarks also note proximity to elementary schools and abundant shopping and restaurants within blocks.

From a practical standpoint, each unit is described as being in good condition with spacious layouts, and the property includes landscaped exterior space around the cabin-style unit.

Key Highlights

  • 100% occupied 8‑unit two‑story multifamily on ±0.23 acres with a total land area of ±10,019 SF
  • Two two‑story structures totaling ±5,351 SF; unit mix includes (2) 2BD/1BA, (2) 2BD/1.5BA, (2) studios, and (2) 1BD/1BA
  • Secured, lighted parking and exterior lighting throughout the community

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop HVAC Service Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store Garden Center

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

8
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

524
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 - Fully occupied, two-story eight-unit multifamily property with secured parking and on-site laundry access.
Where is this apartment building located?
The property is located at 3775 Paradise Ave South Lake Tahoe, CA.
What are key features of this property?
This property features: 100% occupied 8‑unit two‑story multifamily on ±0.23 acres with a total land area of ±10,019 SF; Two two‑story structures totaling ±5,351 SF; unit mix includes (2) 2BD/1BA, (2) 2BD/1.5BA, (2) studios, and (2) 1BD/1BA; Secured, lighted parking and exterior lighting throughout the community
(559) 359-4035 Call to check price and availability
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