$565,000 Pending
1145 Keller / aka 3846 Larch
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.
4 Beds
·
2,104 Sq Ft

About This Property

Priced to Sell! Own a Tahoe income producing duplex, in a great location just down from world renowned Heavenly Ski Resort, and close to all the Heavenly Village shops, restaurants, and Stateline Casinos. The main 3 bedroom 2 bathroom unit, is right at the bottom of Keller Rd., directly down from the Heavenly California Ski Lodge. This unit, much like a single family home, includes a 2 car garage, and has its own private back patio. Inside you will find a nicely sized living room with an open fireplace, a full sized kitchen, spacious bedrooms, plus a primary bedroom with attached ensuite bath.The second unit has a separate entrance at the rear of the property, that is located on Larch Ave. This unit is a 1 bedroom 1 bathroom, plus 1 car garage, with large windows looking out to the treetops. The carpet and interior paint have been recently updated. The property, going from street to street, Keller Rd. to Larch Ave., with separate entrances on each street, offers each unit lots of privacy.

Listed by Gina Johnson — Chase International - South Lake Tahoe

Listing Details

Status Pending
MLS # 142587
Days on Market 85
Sold Date 1800-01-01
Price/Sq Ft $269

Property History

Mar 12, 2026
Listed for sale
$565,000
Current
Pending
$565,000
Property Overview
Beds 4
Sq. Ft. 2,104
Lot Size 0.11 acres
Year Built 1974
Property Type Duplex
Subdivision Pinewood Heights
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 029415009000
Parking
Garage Spaces 3
Attached Garage Yes
Exterior & Lot
Exterior Features Patio/Balcony
Construction Wood Frame
Roof Other
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Fireplace, Other/See Remarks
Cooling Other/See Remarks
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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 — 1145 Keller / aka 3846 Larch, South Lake Tahoe

Est. Annual Revenue
$50,951
Avg Nightly Rate
$509
Projected Occupancy
27.6%
Cap Rate
3.6%
Structural Score: 61 / 100 (Premium) · 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% ($113,000)
Home price
$565,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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