$3,100,000
$3,500,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
0.94 Acres Lot
SOLD DATE : 11/25/2023
Key Details
Sold Price $3,100,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223097787
Sold Date 11/25/23
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1963
Lot Size 0.940 Acres
Acres 0.94
Property Description
Colliers is pleased to present 3653-3665 Blackwood Rd, a rare opportunity to purchase a 20 unit value add opportunity in South Lake Tahoe. Two parcels total that comes with 2 cabins, a 10-unit complex and an 8-unit Complex. One, two and three-bedroom apartment units with pitched roofs, laundry on-site and plenty of parking. The property is currently 50% vacant with 7 units completely demo'd. This is the perfect value-add opportunity for an investor looking for a flip or a long term hold. Please email or call me for a full marketing package.
Location
State CA
County El Dorado
Area 13301
Direction Take ramp onto US-50 E. Continue on US-50. Take the 2nd exit from roundabout onto Emerald Bay Rd (US-50 N). Turn right onto Pioneer Trl. Turn left onto Blackwood Rd.
Interior
Heating Wall Furnace
Cooling None
Flooring Varies by Unit
Appliance Varies By Unit
Laundry Washer/Dryer Leased
Exterior
Garage Off Street
Utilities Available Natural Gas Connected, Electric
Water Access Desc Meter on Site
Total Parking Spaces 20
Building
Lot Description Meadow East, None
Story 2
Foundation Concrete
Sewer Public Sewer
Water Meter on Site
Schools
Elementary Schools Lake Tahoe Unified
Middle Schools Lake Tahoe Unified
High Schools Lake Tahoe Unified
School District El Dorado
Others
Senior Community No
Tax ID 027-331-011
Special Listing Condition None
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