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Remodeled Five-Unit Apartment Building
For Sale
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673 James Avenue, South Lake Tahoe, CA 96150

Two detached buildings offer renovated one- and two-bedroom residences with fireplaces, individual utility metering, and on-site parking.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market142

Property Features for 673 James Avenue

General Information

Standard status Active
Lot size 0.25 Acres
Property subtype Multifamily

Units

Unit Mix 2 x 1BR/1BA, 3 x 2BR/2BA
Multifamily Units 5

Additional Details

Utilities to Site Yes

Building Details

Year Built 1965
Buildings 2
Construction cement board siding
Listing Agency: Colliers - Sacramento, California
Listed By: Trevor Meleski · License #02245229
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 11:53AM

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.

This multifamily property includes two standalone buildings positioned on either side of a 0.25-acre parcel, with parking arranged between them. The unit mix comprises two one-bedroom, one-bath residences and three two-bedroom, two-bath residences; two units include fireplaces. Extensive improvements include updated electrical and plumbing systems, windows, doors, cabinets, countertops, flooring, and appliances. Hardie backer siding and landscaped grounds complete the exterior presentation.

Each residence has separate gas and electric metering. Ownership covers water, sewer, garbage, common-area lighting, and water-heater operation. The property also includes two parking garages with storage areas. Located in South Lake Tahoe, the property is approximately ten minutes from Heavenly Ski Village and Stateline, Nevada.

Key Highlights

  • Five‑unit configuration with two 1‑bedroom/1‑bathroom units and three 2‑bedroom/2‑bathroom units
  • Two standalone buildings on a 0.25 Acre lot with central parking
  • Extensive renovations include electrical, plumbing, windows, doors, cabinets, flooring, and appliances

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Veterinary Clinic Home Appliance Store Pharmacy 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

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

270
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 - Two detached buildings offer renovated one- and two-bedroom residences with fireplaces, individual utility metering, and on-site parking.
Where is this apartment building located?
The property is located at 673 James Avenue South Lake Tahoe, CA.
What are key features of this property?
This property features: Five‑unit configuration with two 1‑bedroom/1‑bathroom units and three 2‑bedroom/2‑bathroom units; Two standalone buildings on a 0.25 Acre lot with central parking; Extensive renovations include electrical, plumbing, windows, doors, cabinets, flooring, and appliances
(916) 830-2584 Call to check price and availability
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