$499,000
Active
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. Permits are available citywide.
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 and has a proven history as a successful VHR, 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
MLS #
142959
Sold Date
1800-01-01
Price/Sq Ft
$430
Property History
May 22, 2026
Listed for sale
$499,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,161
Stories
1
Year Built
1964
Property Type
Condominium
Style
Chalet
Subdivision
Bijou Park
County
El Dorado
STR Jurisdiction
South Lake Tahoe
APN
025701027000
Parking
Parking Features
0.00
Exterior & Lot
Exterior Features
Spa/Hot Tub,Storage Shed,Bear-Proof Trash Can
Lot Features
Cul-De-Sac
Utilities & Systems
Heating
Forced Air
Cooling
Forced Air
Financial
HOA Fee
$700 / Monthly
HOA / Community
South Tahoe Association of Realtors
HOA & Community
Community Amenities
Pool,Spa,Other/See Remarks
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 — 1160 Herbert Avenue #A, South Lake Tahoe
Est. Annual Revenue
$36,802
Avg Nightly Rate
$237
Projected Occupancy
43.8%
Cap Rate
3.0%
Structural Score: 49 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
