$499,000 Active Under Contract
1160 Herbert Avenue #A
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
3 Beds
·
2.0 Baths
·
1,161 Sq Ft

About This Property

This updated South Lake Tahoe getaway is ready to enjoy! 1160 Herbert Ave #A blends mountain charm with modern comfort, making it the perfect full-time home, vacation retreat, or investment opportunity. Ideally located near Heavenly, beaches, dining, and year-round adventure, this turnkey condo offers the best of Tahoe living in one convenient location.

Listed by Bailey Hooten — Compass

Listing Details

Status Active Under Contract
MLS # 142959
Days on Market 91
Sold Date 1800-01-01
Price/Sq Ft $430

Property History

May 22, 2026
Listed for sale
$499,000
Aug 11, 2026
Pending
$499,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2020 · county record $289,000 Deed record — brokerage sides not reported

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.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,161
Year Built 1964
Property Type Condominium
Style Chalet
Subdivision Bijou Park
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 025701027000
Exterior & Lot
Exterior Features Spa/Hot Tub, Storage Shed, Bear-Proof Trash Can
Lot Features Cul-De-Sac
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Forced Air
Financial
HOA Fee $700 / Monthly
HOA & Community
Community Amenities Pool, Spa, Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
49
PROJECTED GROSS ANNUAL REVENUE
$30K – $53K typically ~$36,802
~$3,067 per month
Avg Nightly
$185
Occupancy
54%
Cap Rate
3.0%

STR Investment Summary — 1160 Herbert Avenue #A, South Lake Tahoe

Est. Gross Annual Revenue
$30K – $53K
typically ~$36,802
Avg Nightly Rate
$185
Projected Occupancy
54.5%
Cap Rate
3.0%
Structural Score: 49 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. 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% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
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