$945,000 $990,000 ↓ $45,000 reduced Active
3814 Paradise Avenue
South Lake Tahoe, CA 96150

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⏳ STR — New Permits Waitlisted
City of South Lake Tahoe VHR permit required — the city's 900-permit residential cap was reached on August 21, 2026; new applications outside the Tourist Core are waitlisted. 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.
6 Beds
·
1,986 Sq Ft

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why TRPA land coverage Over the limit 1,351 of 50 sq ft used Home insurance $4,700 – $5,500/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Incredible investment property in a prime location, nestled between the lake and Heavenly and just a short distance from the Stateline corridor. This duplex offers 3 bedrooms, 2 bathrooms, and a dedicated garage for each unitperfect for the winter months. Both units are currently occupied for instant revenue and they both feature thoughtful updates and upgrades, including removed wood paneling, new sheetrock, fresh texture and paint, new LVF flooring, updated baseboards, new windows and trim, fully remodeled kitchens and bathrooms, new appliances and water heaters, new doors and window treatments, an exterior front-door overhang, and fresh exterior paint. If you are looking to purchase a property on which you can live on one side and with a full-time tenant in the other unit, this is a perfect opportunity to supplement your mortgage.

Listed by Jill Moffett — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143479
Days on Market 30
Price/Sq Ft $476

Property History

Sep 16, 2026
Listed for sale
$990,000
Oct 07, 2026
Price reduced
$945,000 $990,000 ↓ $45,000
Property Overview
Beds 6
Sq. Ft. 1,986
Lot Size 0.14 acres
Year Built 1959
Property Type Duplex
Subdivision Lakeview Pines
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 027085001000
Parking
Garage Spaces 2
Attached Garage Yes
Exterior & Lot
Exterior Features Other/See Remarks
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Cooling None
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
59
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 3814 Paradise Avenue, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 59 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,351 sq ft covered of 50 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
5,019 sq ft
Allowed Coverage
50 sq ft · 1%
Existing Coverage
1,351 sq ft · 27%
Addable Coverage
0 sq ft
Existing Units
2

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 compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$4,700 – $5,500/yr
about $425/mo
Est. Rebuild Cost (Coverage A)
$834,120
FAIR Plan (fire)
$3,900/yr
DIC wrap (theft, water, liability)
$800 – $1,600/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$6,065 per month
Principal & interest
$4,778/mo
Property taxes
$862/mo
1.0946% of the price, El Dorado County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$425/mo
CA FAIR Plan + DIC estimate, ~$4,700–$5,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($189,000)
Home price
$945,000
Loan details
30-yr fixed, 6.5%
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