Bought with Paul Kim • KW Bay Area Estates
$885,000
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1177 Ski Run BLVD South Lake Tahoe, CA 96150
4 Beds
4 Baths
3,010 SqFt
Key Details
Sold Price $885,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,010 sqft
Price per Sqft $294
MLS Listing ID ML82029592
Sold Date 03/16/26
Bedrooms 4
Full Baths 4
Year Built 1971
Lot Size 4,792 Sqft
Property Sub-Type Fourplex
Property Description
Prime investment opportunity on Ski Run Boulevard in South Lake Tahoe, well-suited for a 1031 exchange or a passive income investor. This four-unit multifamily property features four one-bedroom, one-bath residences and is ideally located within a five-minute drive of Heavenly Ski Resort. The property also offers convenient access to nearby casinos, hotels, restaurants, and retail centers along the CaliforniaNevada border. Situated in a high-demand area for local employees, the property is also popular with seasonal workers during both the summer tourism season and the winter ski season. The building is currently fully occupied, generating stable income and offering an attractive capitalization rate. T
Location
State CA
County El Dorado
Area South Lake Tahoe
Zoning TC
Interior
Heating Gas
Cooling None
Exterior
Parking Features Common Parking Area
Utilities Available Public Utilities
Roof Type Shingle
Building
Story 2
Foundation Other
Sewer Community Sewer / Septic
Water Public
Level or Stories 2
Others
Tax ID 027-155-004-000
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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Alan Canas
PRIVATE OFFICE ADVISOR & LICENSED PARTNER | Realtor® | License ID: CA DRE #01793936