$125,000 Active
1091 Sierra 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.

About This Property

Convenient, level parcel located on Sierra Boulevard in the heart of South Lake Tahoe. Located on a corner and along the recently completed recreation path, fantastic location for walking to nearby shops, restaurants, and bars, or going the other direction for hiking and biking in open space. Ask the city building department about options, including the addition of up to two Accessory Dwelling Units (ADUs). IPES score 738 per TRPA.gov.

Listed by Matthew Lucksinger — Lake Valley Properties

Listing Details

Status Active
MLS # 142518
Days on Market 113
Sold Date 1800-01-01

Property History

Feb 12, 2026
Listed for sale
$125,000
Property Overview
Lot Size 0.11 acres
Property Type Land
Subdivision Tahoe Sierra 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031123019000
Financial
HOA / Community South Tahoe Association of Realtors
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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%

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% ($25,000)
Home price
$125,000
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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