$1,179,000 Active
2032 C Street
South Lake Tahoe, CA 96150
⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — and as of August 21, 2026 ALL new permit applications are automatically waitlisted as the city approaches its 900-permit residential cap. There is no guarantee a new owner will obtain a permit, and permits do NOT transfer on sale. Do not count on rental income without a permit in hand.
5 Beds
·

About This Property

Great location near the entrance to the Tahoe Campground. Nicely remodeled. Tenants pay utilities.There is extra coverage to build additional units on this half acre. Close to shopping and restaurants at the Y. Good multi family opportunity for the savvy investor.

Listed by Lloyd Aronoff — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 143403
Days on Market 1
Sold Date 1800-01-01

Property History

Aug 25, 2026
Listed for sale
$1,179,000
Property Overview
Beds 5
Lot Size 0.50 acres
Year Built 1953
Property Type MLF
Subdivision W D Barton Tr
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 032192003000
Exterior & Lot
Construction Wood Frame, Wood Siding
Roof Pitched, Shingle
Foundation Slab
Pool & Spa
Pool No
Utilities & Systems
Heating Natural Gas, Wall or Space Heater
Cooling None
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
7,356 sq ft covered of 6,548 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
21,826 sq ft
Allowed Coverage
6,548 sq ft · 30%
Existing Coverage
7,356 sq ft · 34%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
7
Existing Units
5

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 ↗

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% ($235,800)
Home price
$1,179,000
Loan details
30-yr fixed, 6.5%
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