$1,150,000 $1,250,000 ↓ $100,000 reduced
1335 N North Lake Boulevard
Tahoe City, CA 96145
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
4 Beds
·
4.0 Baths
·

About This Property

Great location in Tahoe City! Property is currently being utilized as 3 units with a long term rental and 2 vacation rentals. There are: a studio, a 1 bedroom/ 1 bath (no closet) and a 2 bedroom/ 2 bath. These units have been beautifully updated and the 2 bed and 1 bed units come nicely furnished as well. This parcel has high visibility and comes with ample parking. The property has had several uses over the years including office and commercially utilized. This area of Tahoe City is typified by several mixed use properties. Any buyer to satisfy themselves that the property can satisfy their intended use. This is a prime property for a 1031 tax deferred exchange in which an owner can rent two units and use one for themselves. The 1 bedroom and studio do not have full kitchens.

Listed by Brad Hester — Hester Real Estate

Listing Details

Status Withdrawn
MLS # 20260680
Days on Market 142

Property History

May 01, 2026
Listed for sale
$1,250,000
Jul 29, 2026
Price reduced
$1,150,000 $1,250,000 ↓ $100,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2021 · via MLS history $765,000

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 4.0
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe City
County Placer
STR Jurisdiction Placer County
APN 094150005000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
48
PROJECTED GROSS ANNUAL REVENUE
$40K – $80K typically ~$60,000
~$5,000 per month
Avg Nightly
$365
Occupancy
45%
Cap Rate
2.1%

STR Investment Summary — 1335 N North Lake Boulevard, Tahoe City

Est. Gross Annual Revenue
$40K – $80K
typically ~$60,000
Avg Nightly Rate
$365
Projected Occupancy
45.0%
Cap Rate
2.1%
Structural Score: 48 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Tahoe City market data (139 comparable 4-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
4,429 sq ft covered of 1,353 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,188 sq ft
Allowed Coverage
1,353 sq ft · 13%
Existing Coverage
4,429 sq ft · 43%
Addable Coverage
0 sq ft

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 ↗

Building Permit History

Placer County permit records for this parcel

RESIDENTIAL: LIMITED REVIEW - Electrical, Mechanical, Plumbing, Roof Solar, etc · 2024-06-19
Construction Complete
Repair broken weather head and service mast.
Permit #BLD24-03369
Building-Non-SFD · 2007-07-17
DONE
Reside, replace windows Contract Price: $13,000-
Permit #TSUP 122322.07
Building/Residential/Full Review/NA
DONE
Permit #TCON 44059
Building/Residential/Full Review/NA
DONE
Permit #TCON 2632
Building/Residential/Full Review/NA
DONE
Permit #TCON 15063
Building/Residential/Full Review/NA
DONE
Permit #TCON 17990
Building/Residential/Full Review/NA
DONE
Permit #TCON 6578

Public permit records from the Placer County permit portal, last checked 2026-09-05. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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% ($230,000)
Home price
$1,150,000
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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