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
MLS #
ML82029592
MLS Source
MLSListings, Inc.
Days on Site
23
Cooling
None
Heating
Gas
Roof
Shingle
Foundation
Other
Garage/Parking
Common Parking Area, Garage: 0 Car(s)
Elementary District
Lake Tahoe Unified
High School District
Lake Tahoe Unified
Sewer
Shared Septic
Water
Public
Zoning
TC
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 1 | 1/0 | $1,650 |
| 2 | – | 1 | 1/0 | $1,550 |
| 3 | – | 1 | 1/0 | $1,500 |
| 4 | – | 1 | 1/0 | $1,500 |
1177 Ski Run Blvd is a Residential Income in South Lake Tahoe, CA 96150. This 3,010 square foot property sits on a 4,792 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $945,000 and was built in 1971. This address can also be written as 1177 Ski Run Blvd, South Lake Tahoe, CA 96150.
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This listing information is up-to-date as of December 23, 2025. For the most current information, please contact Junho Kim, (408) 781-2089