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Quadplex with Public Utilities

2240 Eloise, South Lake Tahoe, CA 96150

For Sale
$1,249,000

South Lake Tahoe, CA

Property SizeContact for details
Lot Size0.25 Acres
Days on Market98

Property Features for 2240 Eloise

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 9
Rooms Laundry Room, Bedroom 7, Bedroom 6, Bedroom 3, Bedroom 9, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 8
Parking 8
Lot features Back Yard
Directions left off Lake Tahoe blvd rt on Eloise ave
Standard status Active
APN 023211039000
Lot size 0.25 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1960
Floors in Building 2
Number of units 4
Listing Agency: Balboa Real Estate, Inc.
Listed By: Joseph King · License #01428983
Added: Aug 3 Changed: Nov 6 Last Checked: Nov 8 at 2:06PM
MLS# DW26168905

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This quadplex is situated on a 0.25-acre parcel at 2240 Eloise in South Lake Tahoe, California. Built in 1960, the property includes nine identified bedrooms along with a laundry room, creating a residential configuration suited to multifamily ownership.

Public water and public sewer serve the property. The asset is located in El Dorado County within the 96150 postal area, providing a defined South Lake Tahoe address for a residential income property.

Key Highlights

  • Quadplex classification with nine identified bedrooms
  • 0.25‑acre parcel at 2240 Eloise, South Lake Tahoe, CA 96150
  • Built in 1960

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,317
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential income property with public water and sewer service in South Lake Tahoe.
Where is this quadplex located?
The property is located at 2240 Eloise South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Quadplex classification with nine identified bedrooms; 0.25‑acre parcel at 2240 Eloise, South Lake Tahoe, CA 96150; Built in 1960
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