$700,000 Active
2493 Ponderosa Street
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.
6 Beds
·
2,750 Sq Ft

About This Property

Set in the heart of South Lake Tahoe, this is an excellent investment opportunity! Three units - a one bedroom/one bathroom, two bedroom/one bathroom and a three bedroom/two bathroom. Owned by the same family since the beginning, this property has an excellent track record as a rental. Fenced in the front and back, with a large parking area and decks in the front and back - the smaller units are on the lower level while the three bedroom encompasses the entire upper level. The neighboring lot, 2491 Ponderosa Street, is also for sale - creating even more potential. Centrally located on the bike path, just a short stroll to the meadow and shores of Lake Tahoe and minutes to world-class-skiing, the casinos and all that the area has to offer.

Listed by Chris Hernandez — Compass

Listing Details

Status Active
MLS # 142598
Days on Market 84
Sold Date 1800-01-01
Price/Sq Ft $255

Property History

Mar 13, 2026
Listed for sale
$700,000
Property Overview
Beds 6
Sq. Ft. 2,750
Lot Size 0.18 acres
Year Built 1959
Property Type Triplex
Subdivision Unavail
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031284018000
Parking
Total Parking 10
Parking Features 10.00
Exterior & Lot
Construction Wood Frame
Roof Pitched,Composition
Foundation Slab
Utilities & Systems
Heating Wall or Space Heater
Cooling Wall or Space Heater
Financial
HOA / Community South Tahoe Association of Realtors
📊

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 — 2493 Ponderosa Street, South Lake Tahoe

Est. Annual Revenue
$49,448
Avg Nightly Rate
$693
Projected Occupancy
20.1%
Cap Rate
2.8%
Structural Score: 43 / 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% ($140,000)
Home price
$700,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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