$885,000

1177 Ski Run Boulevard, South Lake Tahoe CA, 96150

Price per sqft$294.02

Built in1971

Property size3,010 sqft

Property typeMulti-family

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Overview

Sold

Closed

Listed Dec 17, 2025

Updated 3 weeks ago

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

Additional information

MLS^® ID: ML82029592

Interior Features

Bathrooms: 0

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

Taxes: $10,421
Tax Frequency: Annually
Maintenance Expense: $1,200

Broker Reciprocity Courtesy of KW Bay Area Estates, Paul Kim

Riff Rifferson - Full Name

- Phone Number

[email protected] - Email

- Brokerage Name

500007054 - MLS License Number

Data last updated 12:21 PM UTC, 9/13/2026

Based on information from California Regional Multiple Listing Service, Inc. as of 9/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.