$106,000 Active
1314 Melba Drive #7
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide, so availability varies. Verify current permit availability before counting on rental income.
3 Beds
·
2.0 Baths
·
960 Sq Ft

About This Property

Motivated Seller!!! Home being sold as is. Centrally located in the City of South Lake Tahoe. 3 bedroom 2 bath manufactured home that sits on a large lot in a small 8 unit, adult only 18+ manufactured home park. Vaulted ceilings and open floor plan in the kitchen, dining room and living room. Primary bedroom with walk in closet. Primary bath features a tub/shower combination. Separate laundry room with washer and dryer included in the sale. Upgrades include laminate flooring, double pane windows and water heater. Parking for 1 vehicle in front of the home. Space rent is $750 a month. This friendly neighborhood is a short walk to the Truckee River and beautiful meadow paths. Close to Lake Tahoe, hiking, biking, dining, shopping, hospital and world class skiing.

Listed by Patricia Balibrera — RE/MAX Gold - SLT

Listing Details

Status Active
MLS # 142904
Days on Market 2
Sold Date 1800-01-01
Price/Sq Ft $110

Property History

Jun 23, 2026
Listed for sale
$106,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 960
Lot Size 0.03 acres
Year Built 1993
Property Type Manufactured Home
Style Ranch
Subdivision Melba Drive Mhp
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 910001318000
Parking
Parking Features 0.00
Exterior & Lot
View Mountains,Filtered,Forest
Construction Mobile/Modular Const
Roof Composition,Shingle
Foundation Post & Pier
Utilities & Systems
Heating Forced Air,Natural Gas
Cooling Forced Air,Natural Gas
Financial
HOA Fee $750 / Monthly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Additional Parking
📊

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 — 1314 Melba Drive #7, South Lake Tahoe

Est. Annual Revenue
$45,472
Avg Nightly Rate
$351
Projected Occupancy
36.0%
Cap Rate
17.2%
Structural Score: 50 / 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% ($21,200)
Home price
$106,000
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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