Search
Duplex with Buildable Second Lot
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
Listed By: Brandie Griffith · License #01961472
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.

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 (±1% cap)
NOI $41,281 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$527.8K
$461.8K – $615.8K (±1% cap)
NOI $36,946 @ 7.0% cap · market cap 4.93%
Theoretical Best
Specialty Retail
$888.1K
$777.1K – $1.04M (±1% cap)
NOI $62,165 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message