Sold for $702,000

$702,000

1246 Lester St #1 & 2, South Lake Tahoe, CA 96150

4beds

2baths

1,848sqft

Duplex

Built in 1964

-- sqft lot

$696,200 Zestimate^®

$380/sqft

$2,536 Estimated rent

Home value

$696,200

$627,000 - $773,000

$2,536/mo

Zestimate^® history

Owner options

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$2,536/mo

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$2,536/mo

Rent Zestimate^®

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$4,452/mo

Est. payment

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$4,452/mo

Est. payment

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What's special

Generous backyard areaUpdated kitchensModern appliances

Nestled in the scenic beauty of South Lake Tahoe, this charming duplex investment opportunity offers a great occasion for owner-occupants and investors alike. The duplex features two separate units with Unit #1 rented to a reliable tenant with Unit #2 soon to be vacant and available for possible occupancy for the discerning buyer. This well-maintained, single-story duplex offers 2-bedroons and 1-bathroom in each unit, spacious living areas with updated kitchens and flooring, modern appliances, and cozy living rooms with built-in fireplaces perfect for the cold winter nights. The generous backyard area opens up to an incredible view of the entire Bijou Meadows conservancy area with the hiking and biking trail a 1/2 block away. Each unit has a carport with additional parking. Located just minutes from Lake Tahoe, shopping, dining, and entertainment. This property is perfect for those who want to experience everything the area has to offer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Natural Gas, Wall or Space Heater, Fireplace(s), Separate Heat/Cool

Appliances

Included: Sep. Water Heater, Gas Water Heater
Laundry: In Unit

Features

1st Unit: 2 Beds - 1 Bath, 2nd Unit: 2 Beds - 1 Bath
Windows: Double Pane Windows, Metal Frame
Basement: Concrete/Crawl Space
Has fireplace: Yes

Interior area

Total structure area: 1,848
Total interior livable area: 1,848 sqft

Property

Parking

Total spaces: 4

Features

Levels: One
Stories: 1
Exterior features: Patio/Balcony

Lot

Size: 6,098 Square Feet

Details

Additional structures: Storage Shed
Parcel number: 025382006000
Zoning description: Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Wood Frame
Roof: See Remarks,Pitched

Condition

Year built: 1964

Utilities & green energy

Utilities for property: Natural Gas Available

Community & HOA

Community

Subdivision: Nagy

Location

Region: South Lake Tahoe

Financial & listing details

Price per square foot: $380/sqft
Annual tax amount: $3,251
Date on market: 11/12/2024
Cumulative days on market: 119 days
Date available: 01/01/1800
Listing terms: Cash to New Loan
Ownership: Fee Simple
Total actual rent: 36000

Price history

Date	Event	Price
3/11/2025	Sold	$702,000+0.4%$380/sqft
Source: STAOR #140972 Report a problem
2/10/2025	Pending sale	$699,000$378/sqft
Source: STAOR #140972 Report a problem
11/15/2024	Listed for sale	$699,000$378/sqft
Source: STAOR #140972 Report a problem