$899,000
Active
1181 Ski Run Boulevard
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.
4
Beds
·
2,752
Sq Ft
About This Property
Four large units next to a community park. This location is close to basically everything Lake Tahoe has to offer. Walk to the beach, several fine dinning choices, farmer's markets, street fairs and the famous south shore nightlife! Located in the Tourist Corridor & Opportunity Zone, providing for favorable zoning for conversion to condos and vacation rentals as well as tax incentives.
Listed by Joe Riffel — Coldwell Banker Select - LTB
Listing Details
Status
Active
MLS #
141818
Days on Market
352
Sold Date
1800-01-01
Price/Sq Ft
$327
Property History
Jun 18, 2025
Listed for sale
$899,000
Property Overview
Beds
4
Sq. Ft.
2,752
Lot Size
0.11 acres
Year Built
1966
Property Type
Quadruplex
Subdivision
Bijou Park Acres 1
County
El Dorado
STR Jurisdiction
South Lake Tahoe
APN
027155028000
Exterior & Lot
Construction
Wood Frame
Roof
Composition
Foundation
Slab
Utilities & Systems
Heating
Natural Gas, Wall or Space Heater
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 — 1181 Ski Run Boulevard, South Lake Tahoe
Est. Annual Revenue
$54,378
Avg Nightly Rate
$455
Projected Occupancy
32.6%
Cap Rate
2.4%
Structural Score: 42 / 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% ($179,800)
Home price
$899,000
Loan details
30-yr fixed, 6.5%
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