$530,000
2055 12th Street #1
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.
2 Beds
·
1.0 Baths
·
1,004 Sq Ft
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About This Property

Perfectly positioned in the heart of South Lake Tahoe, this beautifully updated two bedroom, one bathroom condominium offers the ideal blend of comfort, convenience, and mountain lifestyle living. Located just steps from the bike trail connecting directly to the stunning beaches of Lake Tahoe's highly sought after southwest shore, this property provides effortless access to some of the area's most scenic shoreline, outdoor recreation, and year round adventure.Inside, the home features thoughtfully upgraded finishes designed for both style and functionality. The kitchen includes granite countertops and a full suite of stainless steel Whirlpool appliances, creating a modern and efficient space for everyday living or entertaining. The open living area is enhanced by engineered hardwood flooring, while dual paned windows and forced air heating ensure comfort and energy efficiency throughout every season. The bathroom offers a touch of luxury with Nuheat heated tile flooring, and the inclusion of high efficiency Whirlpool laundry appliances adds convenience and practicality to daily living. The large locking storage closet on the deck is a perfect place to store all of your toys.With nearby hiking and biking trails, this location is ideal for outdoor enthusiasts seeking immediate access to nature without sacrificing proximity to everyday amenities. Shopping, dining, and local services are all just minutes away, making this condo an excellent choice for a full time residence in one of South Lake Tahoe's most desirable neighborhoods.Whether enjoying morning rides to the beach, afternoons exploring mountain trails, or relaxing in a thoughtfully upgraded interior, this inviting condo captures the essence of Tahoe living with comfort, accessibility, and modern appeal.*This home is subject to a deed restriction and may only be purchased by a Middle Income Buyer as their primary residence during the first 120 days on market.*

Listed by Dustin Allen — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 142515
Days on Market 12
Sold Date 1800-01-01
Price/Sq Ft $528

Property History

Mar 04, 2026
Listed for sale
$530,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,004
Year Built 1995
Property Type Condominium
Style Contemporary
Subdivision Unavail
APN 023950008000
Parking
Parking Features None
Exterior & Lot
Exterior Features Bear-Proof Trash Can
Roof Composition, Shingle
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $650 / Monthly
HOA & Community
Community Amenities 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%

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% ($106,000)
Home price
$530,000
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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