$439,000
1151 Herbert Avenue #B
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
·
1306 Lot

About This Property

Beautifully updated, this condo is move-in ready for year round enjoyment!. Located in the Bavarian Village complex, right in the center of town, you are just minutes to the lake, Regan Beach Park, Lakeview Commons, restaurants and shopping. You will be all ready for ski season as only 5 minutes to Heavenly Ski Resort and the CA base lodge and minutes to the casinos at Stateline. This single level ground floor unit has a spacious living room with open wood burning fireplace, and granite topped eat-in bar area. Beautiful built-in wall to wall cabinetry in the dining area has a granite counter perfect for buffet style entertaining or as a coffee bar. The kitchen has newer cabinetry, slab granite counters and full backsplash. If you're looking for some luxury, the hall bath was beautifully updated with a jetted tub, marble tub enclosure, marble flooring, newer cabinetry and granite counters. Both hall bedrooms are spacious with built-in cabinetry and deep closets and the master suite also has an updated bath with newer cabinetry and granite countertop. Other upgrades includes vinyl dual pane windows throughout. Enjoy the amenities of the pool and spa as well as the park setting, barbecue area, additional parking, and community laundry. Sold with all furnishings included, just move right in and enjoy the beauty of Tahoe.

Listed by Madeleine Gutierrez — Coldwell Banker Select - LTB

Listing Details

Status Active
MLS # 141839
Days on Market 263
Sold Date 1800-01-01
Price/Sq Ft $378

Property History

Jun 24, 2025
Listed for sale
$439,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,161
Lot Size 0.03 acres
Year Built 1964
Property Type Condominium
Style Contemporary
Subdivision El Rancho Estates
APN 025702024000
Exterior & Lot
Exterior Features Spa/Hot Tub, Storage Shed
Lot Features Cul-De-Sac
View Mountains
Construction Wood Frame
Roof Pitched, Composition
Foundation Slab
Pool & Spa
Pool In Ground Pool
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
Financial
HOA Fee $645 / Monthly
HOA & Community
Community Amenities Pool, Spa, Additional Parking, Security, Park
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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%

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% ($87,800)
Home price
$439,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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