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About This Property
Located at the base of Gardner Mountain in South Lake Tahoe, this duplex presents a fantastic opportunity for both investors and those looking to offset their living expenses with rental income. Offering two separate units, the property provides a combination of modern updates, established rental history, and flexibility for a variety of buyers. One unit has been fully remodeled, featuring an updated interior and a fresh, inviting living space ready for its next occupant. The second unit is occupied by a long-term tenant, providing the benefit of an established rental arrangement.One of the property's standout features is the generous outdoor space. Each unit enjoys its own spacious, separate backyard, providing plenty of room for outdoor entertaining, gardening, pets, or simply relaxing and enjoying the Tahoe surroundings. This separation of outdoor living areas adds a level of privacy and independence that can be difficult to find in multi-unit properties.Adding to the property's appeal is a large California Tahoe Conservancy-owned parcel directly across the street, contributing to the area's open, natural setting. Situated in the established Gardner Mountain neighborhood, the property offers convenient access to the outdoor recreation and amenities that make South Lake Tahoe such a special place to live.Whether you're looking for a primary residence with the potential for supplemental rental income, a long-term investment property, or a combination of the two, this duplex offers an appealing opportunity in a desirable Tahoe location.
Listing Details
Property History
STR Investment Analysis
Red ZoneSTR Investment Summary — 1968 8th Street, South Lake Tahoe
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
TRPA parcel fact sheet ↗ How the Basin comparesCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
