$749,000 Active
1152 Sonora Avenue
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.
4 Beds
·
2,484 Sq Ft

About This Property

Rare opportunity to own a versatile duplex on a fenced double lot in the heart of South Lake Tahoe! Whether you're looking for a strong investment property, a multi-generational living arrangement, or the perfect opportunity to live in one unit while generating rental income from the other, this property offers exceptional flexibility and future potential. Each spacious unit features 2 bedrooms, 1.5 bathrooms, in-unit laundry, forced air heating, an attached one-car garage, and a large private balcony, creating comfortable living spaces that appeal to both long-term tenants and owner-occupants. Unit 1 has been a dependable long-term rental, while Unit 2 has been carefully maintained by the family and is in excellent condition, making it move-in ready. Adding even more value, the second lot is buildable and presents an outstanding opportunity for future development of possibly an additional multi-family residence, offering tremendous upside for investors and developers alike (buyer to verify development potential with local agencies). Perfectly located just minutes from Heavenly Ski Resort, the crystal-clear waters of Lake Tahoe, shopping, restaurants, hiking and biking trails, casinos, and year-round recreation, this property combines an unbeatable location with income potential and future development opportunities. Whether you're expanding your real estate portfolio or searching for a property that can grow with your needs, this is a rare chance to own a high-demand Tahoe duplex with room for even greater possibilities.

Listed by Brandie Griffith — Realty World Lake Tahoe

Listing Details

Status Active
MLS # 143286
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $302

Property History

Jul 30, 2026
Listed for sale
$749,000
Property Overview
Beds 4
Sq. Ft. 2,484
Lot Size 0.23 acres
Year Built 1965
Property Type Duplex
Subdivision Bijou Park
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027153007000
Parking
Garage Spaces 2
Total Parking 2
Attached Garage Yes
Exterior & Lot
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air
Cooling None
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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 — 1152 Sonora Avenue, South Lake Tahoe

Est. Annual Revenue
$56,957
Avg Nightly Rate
$324
Projected Occupancy
48.1%
Cap Rate
3.0%
Structural Score: 60 / 100 (Premium) · STR Zone: Yellow

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,904 sq ft covered of 100 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
9,996 sq ft
Allowed Coverage
100 sq ft · 1%
Existing Coverage
2,904 sq ft · 29%
Addable Coverage
0 sq ft
Existing Units
2

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($149,800)
Home price
$749,000
Loan details
30-yr fixed, 6.5%
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