$130,000 Active Under Contract
1124 Martin Avenue
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.

About This Property

Huge price reduction! Extremely motivated seller! And the best part the adjacent lot ( 2664 Knox Ave) is also for sale, with an incredible combined price of just $230,000 for both lots!1124 Martin Ave Build Your Tahoe Dream Home!Discover 1124 Martin Ave, a prime South Lake Tahoe parcel ideally located near the lake, shopping, dining, and just minutes from world-class ski resorts and casinos.This level, buildable lot in the desirable Tahoe Sierra neighborhood offers the perfect setting for your future home.Want more space? The adjacent lot at 2664 Knox Ave is also available, giving you the rare opportunity to combine both parcels for an exceptional Tahoe property.The lot has already passed Defensible Space inspection, so you can start planning your dream home right away!IPES score- 844 & 30% coverage.

Listed by Anzhelika Mizgireva — eXp Realty of California

Listing Details

Status Active Under Contract
MLS # 142271
Days on Market 225
Sold Date 1800-01-01

Property History

Oct 23, 2025
Listed for sale
$130,000
Current
Pending
$130,000
Property Overview
Lot Size 0.11 acres
Property Type UnimprovedLand
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031163002000
📊

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%

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% ($26,000)
Home price
$130,000
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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