920 Alameda Ave

Discover the allure of South Lake Tahoe, a prime location for multifamily living. Nestled in the Sierra Nevada mountains, this vibrant area offers an array of outdoor activities, from skiing at Heavenly Mountain Resort to hiking in the nearby Van Sickle Bi-State Park. Residents can explore the bustling Heavenly Village, home to diverse dining and entertainment options, or enjoy the picturesque shores of Lake Tahoe. With easy access to the retail and dining hub on Highway 50, the property embodies the perfect blend of nature and urban convenience, making it an ideal choice for those seeking a multifamily residence in the heart of South Lake Tahoe.NAI Tahoe Sierra is pleased to announce the listing of 920 Alameda Ave, a 15-unit SRO multifamily property located in the Al Tahoe neighborhood of South Lake Tahoe. The +/- 5,844 square foot building, originally constructed in 1957 as a hotel, is currently operated as long-term SRO rentals. An investor can continue operation as an SRO or convert the property to short-term rentals, including a return to its original hotel use. The asset offers stable in-place income within an established residential neighborhood.