$449,000 Active
1171 Herbert Avenue #D
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, so availability varies. Verify current permit availability before counting on rental income.
3 Beds
·
2.0 Baths
·
1,161 Sq Ft

About This Property

Seller financing available, making this centrally located Bavarian Village condo an even more attractive opportunity. Set in the middle of South Lake Tahoe, this upstairs outside-corner unit offers added privacy with only one shared party wall, a low-maintenance stucco exterior, and convenient access to just about everything in town. Whole Foods 365, transit, restaurants, Bijou Golf Course, and other daily amenities are all nearby, with the lake approximately 1 mile away. Located within the city limits, the property offers short-term vacation rental potential, subject to permitting and regulations. The covered entry patio provides a small outdoor area to enjoy Tahoe's fresh air, while the unit looks out towards greenbelt behind the building. Inside, the condo features dual-pane vinyl windows, forced-air natural gas heating, and an open living area with durable laminate flooring, built-in surround sound speakers, and a brick hearth electric fireplace. The tiled dining area opens to a spacious kitchen with an elevated bar top for additional seating, slab granite counters, Alder cabinetry, and stainless appliances. The floor plan includes 3 generous bedrooms, including a primary suite with a view toward the open area behind the complex. Both bathrooms are finished with tiled floors and slab counters, with one tub/shower and one stall shower. Offered tastefully furnished with decor and artwork included, this turnkey condo is ready for the next owner to enjoy immediately. Bavarian Village offers a well-maintained HOA setting with natural landscaping, ample parking, an outdoor pool, hot tub, on-site maintenance, exterior maintenance, and insurance included in the HOA dues.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 143066
Days on Market 1
Sold Date 1800-01-01
Price/Sq Ft $387

Property History

Jun 16, 2026
Listed for sale
$449,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,161
Lot Size 0.03 acres
Stories 1
Year Built 1964
Property Type Condominium
Style Contemporary
Subdivision El Rancho Estates
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025702037000
Parking
Parking Features 0.00
Exterior & Lot
Exterior Features Spa/Hot Tub
View Forest
Construction Wood Frame,Stucco
Roof Flat
Foundation Slab
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA Fee $750 / Monthly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Pool,Hot Tub,Additional Parking
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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 — 1171 Herbert Avenue #D, South Lake Tahoe

Est. Annual Revenue
$39,633
Avg Nightly Rate
$288
Projected Occupancy
38.5%
Cap Rate
3.5%
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% ($89,800)
Home price
$449,000
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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