Nick Sadek Sotheby's International Realty
Kelly Okimoto, Nick Sadek Sotheby's International RealtyPhone: (916) 335-3185
Email: [email protected]
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listing
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Residential IncomeFor Sale
$3,295,000
3715 Blackwood Rd, South Lake Tahoe, CA 96150-8339
South Lake Tahoe, CA 96150
Listed by: Marcus & Millichap Real Estate, 2122700
MLS: MetroList - Sacremento
Est. Mortgage
$17,108/mo

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.

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Courtesy of Marcus & Millichap Real Estate
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