In beautiful Lake Tahoe stand these two well maintained residential income buildings on one lot, located at 2240 Eloise, South Lake Tahoe, CA 96150, is a 4,528 sq ft multi-family property built in 1960, featuring four units: three 2-bedroom townhouses and one 3-bedroom freestanding unit. Each townhome includes two bedrooms and one bathroom upstairs, with kitchen, living area, and half bath downstairs, and separately fenced rear yards. The freestanding unit offers three bedrooms and two bathrooms over two stories. The property also includes on site coin-operated laundry facilities. This is a cash flowing investment where you could live in one and have the other 3 units pay your mortgage. Drive by only! Please do not disturb tenants. The property is being sold AS IS, all information provided is to the best knowledge of seller's agent, and should be certified by buyer and buyer's agent
For sale
Listed by: Balboa Real Estate, Inc. • Joseph King • Contact: 562-326-1116
$1,249,000
2240 Eloise Ave, South Lake Tahoe, CA 96150
36beds
--baths
10,890sqft
Quadruplex
Built in 1960
-- sqft lot
$1,192,500 Zestimate®
$115/sqft
$-- HOA
What's special
- 26 days
- 543
- 27
Zillow last checked:
Listing updated:
Listed by:
Joseph King DRE #01428983 562-326-1116,
Balboa Real Estate, Inc.
Source: CRMLS,MLS#: DW26168905
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 36
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 10,890
- Total interior livable area: 10,890 sqft
Property
Parking
- Total spaces: 8
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: lake Tahoe
- Pool features: None
Lot
- Size: 0.25 Acres
- Features: Back Yard
Details
- Parcel number: 023211039000
- Special conditions: Standard
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Fishing, Golf, Hiking, Horse Trails, Lake, Rural, Street Lights, Sidewalks, Water Sports
Location
- Region: South Lake Tahoe
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $678,936
- Date on market: 8/3/2026
- Cumulative days on market: 26 days
- Listing terms: Conventional
Estimated market value
$1,192,500
$1.13M - $1.25M
$1,921/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $1,249,000+113.5%$115/sqft |
Source:  CRMLS #DW26168905 Report a problem | ||
| 10/27/2017 | Sold | $585,000-0.7%$54/sqft |
Source: Public Record Report a problem | ||
| 9/7/2017 | Pending sale | $589,000$54/sqft |
Source: Realty World - Lake Tahoe #127861 Report a problem | ||
| 8/15/2017 | Price change | $589,000-2.6%$54/sqft |
Source: Realty World - Lake Tahoe #127861 Report a problem | ||
| 7/7/2017 | Listed for sale | $605,000+4.5%$56/sqft |
Source: Realty World - Lake Tahoe #127861 Report a problem | ||
| 3/13/2017 | Listing removed | $579,000$53/sqft |
Source: Realty World - Lake Tahoe #126790 Report a problem | ||
| 2/8/2017 | Listed for sale | $579,000$53/sqft |
Source: Realty World - Lake Tahoe #126790 Report a problem | ||
| 1/27/2017 | Pending sale | $579,000$53/sqft |
Source: Realty World - Lake Tahoe #126790 Report a problem | ||
| 11/17/2016 | Listed for sale | $579,000+86.8%$53/sqft |
Source: Realty World - Lake Tahoe #126790 Report a problem | ||
| 4/20/2012 | Sold | $310,000-2.8%$28/sqft |
Source: Public Record Report a problem | ||
| 1/25/2012 | Listed for sale | $319,000-36.1%$29/sqft |
Source: Coldwell Banker McKinney & Associates #118850 Report a problem | ||
| 8/3/2004 | Sold | $499,500$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $678,936 +2% |
| 2025 | $7,458 +5.4% | $665,625 +2% |
| 2024 | $7,075 +1.8% | $652,575 +2% |
| 2023 | $6,953 +1% | $639,780 +2% |
| 2022 | $6,886 +1.6% | $627,236 +2% |
| 2021 | $6,780 +1.5% | $614,938 +1% |
| 2020 | $6,683 +0.5% | $608,634 +2% |
| 2019 | $6,650 +2.3% | $596,700 +2% |
| 2018 | $6,504 +70.5% | $585,000 +74.4% |
| 2017 | $3,814 +2% | $335,495 +2% |
| 2016 | $3,739 +4% | $328,918 +1.5% |
| 2015 | $3,593 | $323,979 +2% |
| 2014 | $3,593 | $317,635 +0.5% |
| 2013 | -- | $316,200 -21.1% |
| 2012 | -- | $401,000 |
| 2011 | -- | $401,000 -25.7% |
| 2010 | -- | $539,388 -0.2% |
| 2009 | -- | $540,672 +2% |
| 2008 | -- | $530,071 +2% |
| 2007 | -- | $519,679 +2% |
| 2006 | -- | $509,490 +2% |
| 2005 | -- | $499,500 +93% |
| 2004 | -- | $258,789 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 96150
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