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Listed price in listed location currency (USD).
$1,790,000

000

MLS® 20260374

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 160
Lot Size 0.63 Acres
Approx. Age 1964
MLS® Number 20260374

Property Address: 3715 Blackwood Road, South Lake Tahoe, CA, 96150

Average square foot calculated using Size range provided by listing agent.

Description

Leawood Apartments is a 13-unit multifamily investment opportunity located in the heart of South Lake Tahoe, just off Pioneer Trail with convenient access to Highway 50, Heavenly Ski Resort, and the lake. The property features a well-balanced unit mix consisting of one studio, five one-bedroom units, five two-bedroom units, and two three-bedroom units, appealing to a broad range of tenants. The property has benefited from significant recent interior and exterior renovations, with many units featuring updated finishes such as flooring, cabinetry, countertops, and appliances. Exterior improvements include updates to paint, doors, and roofing, contributing to overall curb appeal and reduced near-term capital expenditure. Buyers are encouraged to verify the condition and extent of all improvements. Situated on a 0.63-acre parcel in a desirable in-town residential setting, the property is in close proximity to shopping, dining, schools, and year-round recreational amenities including skiing, hiking, and biking. South Lake Tahoe has historically experienced consistent demand for rental housing, with a limited supply of multifamily properties relative to the number of renters in the area. Leawood Apartments offers investors the opportunity to acquire a centrally located asset with in-place improvements and the potential to further optimize operations and rental income. With its functional unit mix, accessible location, and strong rental fundamentals, the property may be well suited for investors seeking both current income and long-term appreciation.
MLS® Number20260374
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1964
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

0 days

Today, For Sale for $1,790,000

For Sale · 159 days

$1,790,000

MLS® 20260374

5 months ago

Not Sold Yet

August 2026, For Sale for -

For Sale · 0 days

-

MLS® 226100516

18 days ago

Canceled on Jan 1, 1800

March 2026, For Sale for $1,790,000

For Sale · 159 days

$1,790,000

MLS® 20260374

5 months ago

Not Sold Yet

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