Two-Unit Duplex with
For Sale
$719,900
2400 Tahoe Vista Drive Unit A & B, South Lake Tahoe, CA 96150
Multi-family property with matching residential layouts, private outdoor areas, and attached garage access for both units.
Property Size1,536 SF
Price / SF$468.68
Days on Market200
Property Features for 2400 Tahoe Vista Drive Unit A & B
General Information
Standard status
Active
Size
1,536 SF
Total Parking Spaces
4
Property subtype
Multi-Family / Duplex
Zoning
Multi-Family
Lease Type
Net
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
private fenced yard
Other/See Remarks
Double Pane
Pitched, Composition
Wood Frame, Wood Siding
Building Details
Year Built
1961
Buildings
1
Listing Agency:
Sotheby's International Realty
Listed By:
Jessica A Woods · License #01941782
(530) 494-7600
Source:
Compass
Added: Apr 2
Changed: Oct 11
Last Checked: Oct 16 at 10:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This 1,536-square-foot duplex contains two residential units, each arranged with 2 bedrooms and 1 bathroom. Both units include an attached garage and a private fenced yard. The 1961 building has a wood-frame structure, wood siding, pitched composition roofing, and double-pane windows. Multi-Family zoning supports the property’s duplex configuration.
Located in the Tahoe Island neighborhood of South Lake Tahoe, the property is near a bike path, Camp Richardson Resort, South Shore beaches, mountain biking, and ski resorts. The address is 2400 Tahoe Vista Drive, Unit A & B, South Lake Tahoe, CA 96150.
Located in the Tahoe Island neighborhood of South Lake Tahoe, the property is near a bike path, Camp Richardson Resort, South Shore beaches, mountain biking, and ski resorts. The address is 2400 Tahoe Vista Drive, Unit A & B, South Lake Tahoe, CA 96150.
Key Highlights
- Two‑unit duplex totaling 1,536 SF
- Each unit includes 2 bedrooms and 1 bathroom
- Attached garage provided for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,526
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,520
$510.5K
Cap Rate 7%
$364,657
$364.7K
Cap Rate 9%
$283,622
$283.6K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$38.7K $25.20/SF
− Vacancy
−$2.2K −$1.46/SF
EGI
$36.5K $23.74/SF
− OpEx
−$10.9K −$7.12/SF
NOI
$25.5K $16.62/SF
Area
El Dorado County, CA
Vacancy
5.79%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,520
Cap Rate 7%
$364,657
Cap Rate 9%
$283,622
Alternative Uses
Best Use
Multifamily LT 5
$364.7K
$319.1K – $425.4K
NOI $25,526 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$326.4K
$285.6K – $380.8K
NOI $22,846 @ 7.0% cap · market cap 3.17%
Theoretical Best
Specialty Retail
$549.1K
$480.5K – $640.7K
NOI $38,440 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
503
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Multi-family property with matching residential layouts, private outdoor areas, and attached garage access for both units.
Where is this duplex located?
The property is located at 2400 Tahoe Vista Drive Unit A & B South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $719,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,536 SF; Each unit includes 2 bedrooms and 1 bathroom; Attached garage provided for each unit
