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    920 Alameda Ave South Lake Tahoe, CA 96150

    For Sale
    $2,950,000

    Commercial Sale, Other - South Lake Tahoe, CA

    Property size:
    5,844 SF
    Lot size:
    0.34 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for 920 Alameda Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    026084006000
    Size
    5,844 SF
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Space Heater

    Building Details

    Year built
    1957
    Flooring type
    Carpet
    Roof type
    Composition
    Architectural style
    Other

    Engel & Völkers Lake Tahoe [email protected]

    Listing agent Jean C Merkelbach (775) 588-7710

    Listing date Nov 3, 2025

    MLS# 141003 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Lake Tahoe Apartment Complex

    This is a 15-unit apartment complex located in a central area. The property includes a laundry room. The unit mix comprises 14 studio apartments and one manager's unit, which features one bedroom and two bathrooms. The property size is 5844 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Lake Tahoe
    County
    El Dorado
    State
    California
    Longitude
    -119.980785
    Latitude
    38.941767

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    FAQs

    What type of property is this?
    Apartment building - 15-unit apartment complex with laundry room in central location.
    Where is this apartment building located?
    The property is located at 920 Alameda Ave South Lake Tahoe, CA.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - 15-unit apartment complex; - Includes a manager's unit with **1 bedroom and 2 bathrooms**; - Features 14 studio apartments
    (775) 588-7710
    Request Owner's contact information
    920 Alameda Ave South Lake Tahoe, CA 96150
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    South Lake Tahoe, CA 96150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    920 Alameda Ave South Lake Tahoe, CA 96150
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