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2218 Lake Tahoe Boulevard , South Lake Tahoe, CA 96150
$1,410,000
Est. Payment: $7,738.61/mo
4980 Sqft
0.5 Acres
Status: Active | Days on site: 98
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ML38314 - ML152314
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Chris Heller
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House Description

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.***
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Highlights

Listed by Moon Choe , 408-359-7070 Blue Moon Realty , 408-359-7070. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.5

Year Built

1955

County

El Dorado

Area

699 - Not Defined

 School District

Other

Listing ID

ML82048700

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:5
Zoning:GC
Roof:Composition
Sewer:Public Sewer
Principal Interest
$7,739
Taxes
$1,435

Home Price

$1,410,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$282,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,738.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,738.61 $1,434.92 $0.00 $9,173.52
Yearly $92,863.28 $17,219.00 $0.00 $110,082.28
Total $2,785,898.45 $516,570.00 $0.00 $3,302,468.45

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (South Lake Tahoe, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T19:10:48.000Z

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