$1,319,950 Active
896 Lakeview Avenue #C
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.
6 Beds
·
2,980 Sq Ft

About This Property

This well-located triplex in South Lake Tahoe offers an outstanding opportunity for both investors and owner-occupants seeking strong, consistent rental income. Each of the 3 updated units features 2 bedrooms and 2 bathrooms with approximately 1000sf. Ideally positioned just 300 feet from the waterfront, tenants and owners can enjoy an easy walk to the shores of Lake Tahoe! The property also boasts charming peek-a-boo views of Lake Tahoe, enhancing its year-round appeal. With a flexible layout perfect for maximizing cash flow or house-hacking, this triplex caters to a wide range of buyers. This is a rare chance to own a turn-key, income-producing property in one of Tahoe's most desirable and walkable locations!

Listed by Jay Frost — Livermore Valley Real Estate, Inc.

Listing Details

Status Active
MLS # 142858
Days on Market 31
Sold Date 1800-01-01
Price/Sq Ft $443

Property History

May 05, 2026
Listed for sale
$1,319,950
Property Overview
Beds 6
Sq. Ft. 2,980
Lot Size 0.12 acres
Year Built 1974
Property Type Triplex
Subdivision Al Tahoe 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 026044011000
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Siding
Roof Flat
Foundation Slab
Utilities & Systems
Heating Wall or Space Heater
Cooling Other/See Remarks
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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%

STR Investment Summary — 896 Lakeview Avenue #C, South Lake Tahoe

Est. Annual Revenue
$59,090
Avg Nightly Rate
$828
Projected Occupancy
20.1%
Cap Rate
1.8%
Structural Score: 41 / 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% ($263,990)
Home price
$1,319,950
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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