$395,000 Active
1129 Herbert Avenue #C
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.
3 Beds
·
2.0 Baths
·
1,161 Sq Ft

About This Property

Welcome to your perfect Lake Tahoe getaway! Whether you're searching for a year-round mountain refuge or a cozy seasonal escape, this move-in-ready Bavarian Village townhome puts you just minutes from everything South Lake Tahoe has to offer. Positioned on the upper level, this bright and light-filled 3-bedroom, 2-bath unit overlooks the community picnic grounds and sits just steps from the complex pool. The thoughtfully updated interior features fresh paint, new cabinetry, granite countertops, stainless steel appliances, and laminate flooring throughout. Clean, refreshed, and turn-key, it's completely ready for you to move right in and make it your own. Bavarian Village residents enjoy a wonderful set of complex amenities, including a swimming pool, hot tub, picnic and BBQ areas, and generous parking for owners and guests. With its prime central location and attractive price point, this unit offers one of the best overall values on the South Shore.

Listed by Kelly Flaherty — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 143210
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $340

Property History

Jul 20, 2026
Listed for sale
$395,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,161
Lot Size 0.03 acres
Year Built 1964
Property Type Condominium
Subdivision El Rancho Estates
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025702007000
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame, Stucco
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $750 / Monthly
HOA & Community
Community Amenities Pool, Hot Tub, Additional Parking
📊

STR Investment Analysis

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

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%

STR Investment Summary — 1129 Herbert Avenue #C, South Lake Tahoe

Est. Annual Revenue
$39,633
Avg Nightly Rate
$208
Projected Occupancy
52.4%
Cap Rate
4.0%
Structural Score: 51 / 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
$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% ($79,000)
Home price
$395,000
Loan details
30-yr fixed, 6.5%
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