Rare mixed-use investment opportunity in the heart of South Lake Tahoe. This income-producing property features three retail/commercial spaces, two residential 2-bedroom/1-bath units, and four RV spaces, offering diversified income potential and multiple revenue streams. Situated on approximately 0.50 acres with approximately 4,980 SF of improvements per available records, this property benefits from excellent visibility along Lake Tahoe Blvd in a high-traffic corridor.
Ideal for investors seeking a value-add or stable income asset in one of South Lake Tahoe's most desirable tourism-driven markets. Strong upside through lease optimization, renovation, or repositioning. Buyer to verify all unit count, square footage, permits, zoning, RV space legality, and allowable uses with the City/County. Property information based on available public/property records. It includes 2218 & 2214 Lake Tahoe and 1008 2nd Street. ***Income figures are based on pro forma projections.***
For sale
Price cut: $90K (6/27)
$1,410,000
2218 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
--beds
--baths
4,980sqft
Duplex, Residential Income
Built in 1955
-- sqft lot
$1,352,100 Zestimate®
$283/sqft
$-- HOA
What's special
Four rv spaces
- 97 days
- 133
- 4
Zillow last checked:
Listing updated:
Listed by:
Moon Choe 01217391 408-359-7070,
Blue Moon Realty 408-359-7070
Source: MLSListings Inc,MLS#: ML82048700
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Other
Features
- Doors: None
Interior area
- Total structure area: 4,980
- Total interior livable area: 4,980 sqft
Property
Parking
- Total spaces: 5
- Parking features: Common
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 0.5 Acres
Details
- Parcel number: 023241011000
- Zoning: GC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Residential Income
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public, Individual Electric Meters
Community & HOA
Location
- Region: South Lake Tahoe
Financial & listing details
- Price per square foot: $283/sqft
- Annual tax amount: $17,219
- Date on market: 5/27/2026
- Listing agreement: ExclusiveRightToSell
- Inclusions: Land
- Lease term: Other
Estimated market value
$1,352,100
$1.28M - $1.42M
$2,091/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Price change | $1,410,000-6%$283/sqft |
Source: | ||
| 5/27/2026 | Listed for sale | $1,500,000+76.7%$301/sqft |
Source: | ||
| 5/4/2020 | Listing removed | $849,000$170/sqft |
Source: RE/MAX Realty Today #132064 Report a problem | ||
| 4/28/2020 | Pending sale | $849,000$170/sqft |
Source: RE/MAX Realty Today #132064 Report a problem | ||
| 4/28/2020 | Listed for sale | $849,000+13.2%$170/sqft |
Source: RE/MAX Realty Today #132064 Report a problem | ||
| 4/21/2020 | Sold | $750,000$151/sqft |
Source: STAOR #132064 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 96150
Nearby schools
Schools provided by the listing agent
- District: LakeTahoeUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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