Duplex with Buildable Second
New
For Sale
$749,000
1152 Sonora Avenue, South Lake Tahoe, CA 96150
MULTI_FAMILY - South Lake Tahoe, CA
Property Size2,484 SF
Lot Size0.23 Acres
Price / SF$301.53
Days on Market2
Property Features for 1152 Sonora Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Window features
Double Pane Windows
Interior features
High Speed Internet
Directions
Birch to Sonora, duplex on corner
Subdivision
Bijou 1
Standard status
Active
APN
027153007000
Size
2,484 SF
Lot size
0.23 Acres
Utilities
Utilities
Cable Available
Heating system
Forced Air
Amenities
private balcony
in-unit laundry
forced air heating
attached one-car garage
Building Details
Year built
1965
Building materials
Wood Frame, Wood Siding
Roof type
Composition
Listing Agency:
Realty World Lake Tahoe
(530) 544-5395
Listed By:
Brandie Griffith · License #01961472
(530) 544-5395
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 3:06PM
MLS# 143286
Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex sits on a fenced double lot and includes a buildable second lot, offering flexibility for rental use or future development (buyer to verify with local agencies). The property totals 2,484 square feet and was built in 1965.
Both units are set up with two bedrooms and 1.5 bathrooms, along with in-unit laundry and forced air heating. Each unit also features an attached one-car garage and a large private balcony. Interior features include high-speed internet, and utilities include cable available.
The structure is wood frame with wood siding and a composition roof. The location is at 1152 Sonora Avenue in South Lake Tahoe, CA 96150.
Both units are set up with two bedrooms and 1.5 bathrooms, along with in-unit laundry and forced air heating. Each unit also features an attached one-car garage and a large private balcony. Interior features include high-speed internet, and utilities include cable available.
The structure is wood frame with wood siding and a composition roof. The location is at 1152 Sonora Avenue in South Lake Tahoe, CA 96150.
Key Highlights
- Fenced double lot with a buildable second lot (buyer to verify with local agencies)
- Two 2‑bedroom, 1.5‑bath units with in‑unit laundry and forced air heating
- Attached one‑car garage with each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.6k | $25.20 |
| − Vacancy | −$3.6k | −$1.46 |
| EGI | $59.0k | $23.74 |
| − OpEx | −$17.7k | −$7.12 |
| NOI | $41.3k | $16.62 |
2,484 SF · lease $25.20/SF/yr · vacancy 5.79% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$589.7K
$516.0K – $688.0K
NOI $41,281 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$527.8K
$461.8K – $615.8K
NOI $36,946 @ 7.0% cap · market cap 4.93%
Theoretical Best
Specialty Retail
$888.1K
$777.1K – $1.04M
NOI $62,165 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
Demographics for 96150, CA
29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fenced double-lot duplex with two 2-bedroom units, in-unit laundry, forced air heat, and attached one-car garages.
Where is this duplex located?
The property is located at 1152 Sonora Avenue South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Fenced double lot with a buildable second lot (buyer to verify with local agencies); Two 2‑bedroom, 1.5‑bath units with in‑unit laundry and forced air heating; Attached one‑car garage with each unit