3715 Blackwood RD Active

South Lake Tahoe,CA 96150

$ 3295000

- Bed

- Bath

8154 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,154 sqft

Price per Sqft $404

MLS Listing ID 224104977

Year Built 1964

Lot Size 0.630 Acres

Property Description

Leawood Apartments, a 100% renovated 13-Unit apartment community nestled in the resort town of South Lake Tahoe, California. The community features one Studio, 5 One Bedroom / One Bathrooms, 5 Two Bedroom / One Bathrooms, and 2 Three Bedroom / One Bathroom units. Current ownership has finished renovations on 12 of 13 unit interiors with the remaining one currently being renovated as of October 2024.Typical renovation includes LVP flooring, quartz countertops, new appliances, and new / refinished cabinetry. A study of nearby competitive sets suggests that Leawood's renovations are done to a higher level than most in the immediate neighborhood, thus commanding much higher rent. The property also received an exterior facelift with new paint, doors, and a new roof all within the last few years.

Location

State CA

County El Dorado

Area 13301

Interior

Heating Baseboard

Cooling Wall Unit(s)

Flooring Varies by Unit

Laundry Coin Operated

Exterior

Parking Features Off Street

Utilities Available Electric

Building

Lot Description Secluded

Foundation Slab

Sewer Public Sewer

Water Water District

Schools

Elementary Schools Lake Tahoe Unified

Middle Schools Lake Tahoe Unified

High Schools Lake Tahoe Unified

School District El Dorado

Others

Special Listing Condition None

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