$850,000 Active

1126 Bowers Avenue #A

South Lake Tahoe, CA 96150

✓ STR Allowed — Permit Required

City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.

5 Beds

About This Property

Great rental property near Heavenly Valley, shopping and beaches. Potential to add extra units on lot. TRPA site survey done apx. 900 sq. ft. of additional coverage should be available. Three rentals include a house and a duplex. A garage is attached to the 2 bed/ 1 bath house. The duplex has 2 studios.Located one block from the famous Ski Run Farmers market, 1 mile from Heavenly Valley ski resort and a nice walk to Lake Tahoe and Whole Foods Market. Improvements in last 12 months include: 3 new water heaters, plumbing under sinks. Unit B: new furnace, new interior paint, new cooktop oven. Unit A has new interior paint.Note: New buyer needs to honor lease terms until expiration. 1132 Bowers is month to month tenancy, 1126 Bowers #A lease expires 3/31/27, 1126 Bowers #B lease expires 5/31/27.

Listed by Lloyd Aronoff — RE/MAX Gold - SLT

Listing Details

Status Active

MLS # 143274

Days on Market 2

Sold Date 1800-01-01

Property History

Jul 27, 2026

Listed for sale

$850,000

Property Overview

Beds 5

Lot Size 0.27 acres

Year Built 1953

Property Type Triplex

Subdivision Lodi Pines

County El Dorado

STR Jurisdiction South Lake Tahoe

APN 027205005000

Parking

Total Parking 5

Exterior & Lot

Construction Wood Frame, Wood Siding

Roof Composition, Metal

Foundation Concrete/Crawl Space

Utilities & Systems

Heating Natural Gas, Wall or Space Heater

Cooling None

Financial

Annual Tax $7,400

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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone

STRUCTURAL SCORE Excellent

PROJECTED ANNUAL REVENUE

$142,500 ($118K – $167K range)

~$11,875 per month

Avg Nightly

$485

Occupancy

68%

Cap Rate

5.2%

STR Investment Analysis

STRUCTURAL SCORE

PROJECTED ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

Legal Occupancy

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

STR Investment Summary — 1126 Bowers Avenue #A, South Lake Tahoe

Est. Annual Revenue

$59,476

Avg Nightly Rate

$332

Projected Occupancy

49.2%

Cap Rate

2.8%

Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

Property taxes

HOA dues

From MLS listing data.

Home insurance

Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.

Down payment

20% ($170,000)

Home price

$850,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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