$419,000 Active
1402 Herbert Avenue
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.
2 Beds
·
1.0 Baths
·
616 Sq Ft

About This Property

1402 Herbert Ave captures the classic charm of an A-frame retreat with thoughtful modern updates in the heart of the City! The striking architectural lines and soaring ceilings create an airy, light-filled interior that feels both cozy and expansive - PERFECT for a mountain getaway or full-time living. Recent improvements elevate the home's comfort and appeal, including a beautifully remodeled bathroom with clean, contemporary finishes, fresh paint, and a new deck designed for outdoor living. There is still room in multiple areas to add a washer/dryer into this home! Whether you're enjoying morning coffee surrounded by nature or hosting friends under the trees, the updated deck extends the living space seamlessly into the outdoors. Blending iconic design with move-in-ready upgrades, this property offers the best of Tahoe-style livingcharacter, warmth, and just the right touch of modern refinement.

Listed by Kilinoe Rahbeck — KOR Realty, Inc.

Listing Details

Status Active
MLS # 142744
Sold Date 1800-01-01
Price/Sq Ft $680

Property History

Apr 28, 2026
Listed for sale
$419,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 616
Lot Size 0.11 acres
Year Built 1957
Property Type Single Family Residence
Style A-Frame
Subdivision Rancho Bijou 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025191020000
Exterior & Lot
Exterior Features Other/See Remarks
View Meadow
Construction Wood Frame
Roof Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Fireplace
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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 — 1402 Herbert Avenue, South Lake Tahoe

Est. Annual Revenue
$44,432
Avg Nightly Rate
$257
Projected Occupancy
45.2%
Cap Rate
4.2%
Structural Score: 46 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($83,800)
Home price
$419,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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