$149,000
Active
1068 Reno Avenue
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
About This Property
Per TRPA records this lot had a large prior structure on it. There is a generous 3667sf of verified coverage available for an extensive building envelope. TRPA notes a new land capability verification is needed to determine the IPES and any SEZ. Recent survey is on file. STPUD shows 9 existing sewer units that can be applied to a new build for a permit cost savings. Buyers to independently verify all potential entitlements and building requirements/ restrictions to their satisfaction.
Listed by Michael Keller — Keller Properties
Listing Details
Status
Active
MLS #
142623
Days on Market
76
Sold Date
1800-01-01
Property History
Mar 21, 2026
Listed for sale
$149,000
Property Overview
Lot Size
0.11 acres
Property Type
Land
Subdivision
Unavail
County
El Dorado
STR Jurisdiction
South Lake Tahoe
APN
031121010000
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED ANNUAL REVENUE
$142,500
($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.
Payment calculator
$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($29,800)
Home price
$149,000
Loan details
30-yr fixed, 6.5%
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