896 Lakeview Avenue South Lake Tahoe, CA 96150
MULTI_FAMILY - South Lake Tahoe, CA
Property Features for 896 Lakeview Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Double Pane Windows
- Exterior features
- Storage Shed
- Standard status
- Active
- APN
- 026044011000
- Size
- 2,980 SF
- Lot size
- 0.12 Acres
Utilities
- Heating system
- Space Heater
Building Details
- Year built
- 1974
- Building materials
- Wood Siding
- Roof type
- Flat
- Additional Structures
- Storage
Listing agent Jay Frost
Listing office Livermore Valley Real Estate, Inc. CA
Listing date May 5, 2026
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.
Key Highlights
- Just 300 feet from the Lake Tahoe waterfront.
- Three updated units, each with 2 bedrooms and 2 bathrooms.
- Strong, consistent rental income potential.
Local 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 | $75.1k | $25.20 |
| − Vacancy | −$4.3k | −$1.46 |
| EGI | $70.7k | $23.74 |
| − OpEx | −$21.2k | −$7.12 |
| NOI | $49.5k | $16.62 |
