| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 61st | Poor |
| Demographics | 57th | Fair |
| Amenities | 35th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3521 Pioneer Trl, South Lake Tahoe, CA, 96150, US |
| Region / Metro | South Lake Tahoe |
| Year of Construction | 2013 |
| Units | 48 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3521 Pioneer Trl, South Lake Tahoe CA — Newer Multifamily Positioning
Built in 2013, this 48‑unit asset offers competitive positioning versus older neighborhood stock and benefits from a high-cost ownership market that can sustain renter demand, according to WDSuite’s CRE market data.
South Lake Tahoe’s neighborhood context skews Suburban with lifestyle appeal tied to outdoor amenities. Relative to the Sacramento–Roseville–Folsom metro’s 561 neighborhoods, this area sits above the metro median on several quality-of-life markers, with cafes and parks comparatively accessible, while everyday services like groceries and pharmacies are thinner locally. For investors, this mix supports appeal but may require residents to drive farther for essentials.
The property’s 2013 vintage is materially newer than the neighborhood’s average construction year of 1967. Newer stock can compete well for tenants seeking modern finishes and larger layouts, though investors should still plan for routine systems maintenance over the hold period.
Neighborhood renter dynamics are mixed. At the neighborhood level, renter concentration is lower than many parts of the metro, suggesting a shallower immediate tenant base; however, within a 3‑mile radius the housing stock trends more renter‑occupied, indicating a deeper pool for leasing and renewals beyond the immediate blocks. Underwriting should consider targeted marketing across the broader 3‑mile renter catchment to support occupancy stability.
On fundamentals, WDSuite’s commercial real estate analysis indicates neighborhood occupancy trends below metro norms, so lease‑up and renewal assumptions should remain conservative. Offsetting this, local median home values track high relative to national markets, reinforcing reliance on multifamily for households not pursuing ownership and supporting pricing power when managed carefully.
Schools in the area score modestly above national medians, which can aid retention for family renters. Amenities skew toward recreation and cafes over daily retail; positioning the asset as a convenient base for work‑and‑outdoors living can resonate with the established tenant profile.
Comparable safety rankings for this neighborhood are not available in WDSuite’s dataset, so investors should benchmark against city and county trend reports rather than block‑level anecdotes. As with any resort‑adjacent submarket, evaluating seasonal patterns and property operations (lighting, access control, and on‑site management) can help support resident confidence and retention.
Regional employment access is driven more by service, logistics, and tourism‑support roles. Proximity to a major foodservice distributor provides commuting options that can underpin workforce renter demand.
- Sysco Food Service — foodservice distribution (37.2 miles)
3521 Pioneer Trl is a 48‑unit, 2013‑built multifamily with larger average floor plans, positioned against an older neighborhood competitive set. According to CRE market data from WDSuite, the broader area shows a high‑cost ownership landscape and a renter‑heavier 3‑mile radius, both supportive of tenant depth for a professionally managed asset. While neighborhood occupancy trends sit below metro norms, the asset’s relative newness and unit mix can attract renters seeking quality and convenience.
Demographic trends aggregated within 3 miles indicate recent population growth with a projected increase in households, expanding the potential renter pool over the next five years. Affordability signals suggest room for disciplined pricing while maintaining retention, though leasing plans should account for seasonal demand and the area’s exposure to leisure‑oriented employment cycles.
- 2013 construction competes well versus older local stock while requiring routine systems planning
- Larger average unit sizes support renter appeal and potential renewal strength
- High‑cost ownership market reinforces reliance on rentals, aiding demand durability
- 3‑mile area shows renter‑heavier housing and household growth, supporting leasing
- Risks: neighborhood occupancy lags metro and local jobs are seasonally sensitive; underwrite conservative lease‑up and marketing reach