$1,500,000
$1,600,000
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11 Beds
5,716 SqFt
SOLD DATE : 09/11/2026
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Apt Build 5-12 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,716 sqft
Price per Sqft $262
Subdivision Markofer
MLS Listing ID 142631
Sold Date 09/11/26
Bedrooms 11
Year Built 1964
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Apt Build 5-12 Units
Property Description
Centrally located 6-unit apartment building in South Lake Tahoe, The Lazy Bear Apartments offers an exceptional investment opportunity. This well-maintained 6-plex boasts a proven record of low vacancy, providing reliable income and strong performance potential in the thriving Tahoe rental market. Its prime position is a significant draw for renters, situated just minutes from the Heavenly Village and Heavenly Ski Resort, making it a highly desired year-round location with easy access to all local amenities, dining, and transportation. The building features five 2-bedroom/1-bathroom units and one studio, complemented by four additional storage/parking garages. Tenants appreciate the unit features, which include newer appliances, gas stoves, washer/dryer hookups, and a desirable open living concept.
Location
State CA
County El Dorado
Area Heavenly Valley
Interior
Heating Natural Gas, Wall or Space Heater
Cooling Natural Gas, Wall or Space Heater
Laundry In Unit
Exterior
Exterior Feature Patio/Balcony
Garage Spaces 8.0
Utilities Available NaturalGasAvailable, Water Meter
Roof Type Flat
Building
Story Two Story
Foundation Concrete/Crawl Space
Water Natural Gas
Others
Acceptable Financing Cash
Listing Terms Cash
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