$419,000 Active
1410 Ski Run Boulevard #16
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
·
1.5 Baths
·
832 Sq Ft

About This Property

Vacation Rental Potential! Excellent location for this furnished 2 bedroom 1 1/2 bath condo located at the top of Ski Run Blvd. and within walking distance to Heavenly Ski Resort. This 2 story unit has a great floor plan with a large uncovered deck at the front entry. Your assigned parking stall is right in front of your unit with extra guest parking stalls across the driveway. As you enter there is a spacious living room with open wood burning fireplace, breakfast bar area plus room for a small dining table. The kitchen has nice ceramic tile counters and new vinyl flooring. There is new vinyl flooring in the front entry way and all new carpet throughout the living area and bedrooms. There is also a 1/2 bath , closet area with a stack washer & dryer and nice sunny deck off of the kitchen. Upstairs are 2 spacious bedrooms with large closets and updated bath with a tub/shower combo. Lots of storage in the exterior storage closet off of the front deck area, two closets in the front bedroom, hall coat closet and storage under the interior stairs. Being sold with all furnishings included this condo is ready to go as a short term vacation rental, second home or even a primary residence. Surrounded by wonderful bike trails, forest lands and within walking distance to all of the great restaurants along Ski Run Blvd. Just 5 minutes to skiing,the lake and beach park and 5 minutes to Stateline NV and casinos. Perfect for year round enjoyment!

Listed by Madeleine Gutierrez — Coldwell Banker Select - LTB

Listing Details

Status Active
MLS # 140645
Days on Market 625
Sold Date 1800-01-01
Price/Sq Ft $504

Property History

Aug 14, 2024
Listed for sale
$419,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 832
Lot Size 0.02 acres
Stories 2
Year Built 1972
Property Type Condominium
Style Contemporary
Subdivision Ski Run Village Townhouses
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025891016000
Parking
Parking Features 0.00
Exterior & Lot
Lot Features Adjacent to Forest
View Mountains,Forest
Construction Wood Frame
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas,Fireplace
Cooling Forced Air,Natural Gas,Fireplace
Financial
HOA Fee $595 / Monthly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Additional Parking
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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 — 1410 Ski Run Boulevard #16, South Lake Tahoe

Est. Annual Revenue
$36,937
Avg Nightly Rate
$255
Projected Occupancy
39.3%
Cap Rate
3.5%
Structural Score: 51 / 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%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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