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Listed by Moon Choe • Blue Moon Realty, DRE#01217391
$1,500,000
Est. payment /mo
4,980 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,980 sqft
Price per Sqft $301
MLS Listing ID ML82048700
Year Built 1955
Lot Size 0.500 Acres
Property Sub-Type Duplex
Property Description
Rare mixed-use investment opportunity in the heart of South Lake Tahoe. This income-producing property features three retail/commercial spaces, two residential 2-bedroom/1-bath units, and four RV spaces, offering diversified income potential and multiple revenue streams. Situated on approximately 0.50 acres with approximately 4,980 SF of improvements per available records, this property benefits from excellent visibility along Lake Tahoe Blvd in a high-traffic corridor. Ideal for investors seeking a value-add or stable income asset in one of South Lake Tahoe's most desirable tourism-driven markets. Strong upside through lease optimization, renovation, or repositioning. Buyer to verify all unit count, square footage, permits, zoning, RV space legality, and allowable uses with the City/County. Property information based on available public/property records. It includes 2218 & 2214 Lake Tahoe and 1008 2nd Street. ***Income figures are based on pro forma projections.***
Location
State CA
County El Dorado
Area South Lake Tahoe
Zoning GC
Interior
Heating Wall Furnace
Cooling Other
Exterior
Parking Features Common Parking Area
Utilities Available Individual Electric Meters
Roof Type Composition
Building
Story 2
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 023-241-011-000
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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