$470,000 Active
2601 Armstrong Avenue
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.
2 Beds
·
2.0 Baths
·
864 Sq Ft
Virtual Tour

About This Property

A large yard. An expansive one-car garage. Two bedrooms, two bathrooms, and a wood-burning fireplace at the center of the home. Located in Tahoe Sierra, you're right in the middle of South Lake Tahoe, with everyday conveniences, restaurants, and the lake all within reach. The corner lot offers a generous yard with plenty of outdoor space to enjoy. Inside, the home has a straightforward layout and plenty of opportunity for updates over time. The expansive garage adds valuable space for parking, storage, bikes, skis, tools, and everything else that comes with life in Tahoe. It's a home with good space, a great lot, and a location that puts you close to just about everything that makes South Lake Tahoe special.

Listed by Tiffany Grimes — Mountain Luxury Properties

Listing Details

Status Active
MLS # 143381
Sold Date 1800-01-01
Price/Sq Ft $544

Property History

Aug 21, 2026
Listed for sale
$470,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 864
Lot Size 0.12 acres
Year Built 1948
Property Type Single Family Residence
Style Ranch
Subdivision Tahoe Sierra 3
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 031124007000
Parking
Garage Spaces 1
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Bear-Proof Trash Can
View None
Construction Wood Siding
Roof Metal
Foundation Other
Utilities & Systems
Heating Forced Air, Fireplace
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
57
PROJECTED GROSS ANNUAL REVENUE
$27K – $69K typically ~$40,142
~$3,345 per month
Avg Nightly
$212
Occupancy
52%
Cap Rate
3.4%

STR Investment Summary — 2601 Armstrong Avenue, South Lake Tahoe

Est. Gross Annual Revenue
$27K – $69K
typically ~$40,142
Avg Nightly Rate
$212
Projected Occupancy
51.7%
Cap Rate
3.4%
Structural Score: 57 / 100 (Premium) · 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
669 sq ft covered of 1,502 sq ft allowed
833 sq ft of coverage still available to add.
Parcel Size
5,006 sq ft
Allowed Coverage
1,502 sq ft · 30%
Existing Coverage
669 sq ft · 13%
Addable Coverage
833 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗

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% ($94,000)
Home price
$470,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message