
1246 Lester St Unit 1 & 2 South Lake Tahoe, CA 96150
Highlights
- Fireplace
- Patio
- 1-Story Property
- Double Pane Windows
- Shed
About This Home
As of March 2025Nestled 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.
Last Agent to Sell the Property
Chase International License #02060880 Listed on: 11/12/2024

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,251
Year Built
- Built in 1964
Lot Details
- 6,098 Sq Ft Lot
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Wood Frame Construction
- Pitched Roof
Interior Spaces
- 4 Bedrooms
- 1,848 Sq Ft Home
- 1-Story Property
- Fireplace
- Double Pane Windows
- Crawl Space
- Laundry in unit
Outdoor Features
- Patio
- Shed
Utilities
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 025382006000
Community Details
Overview
- 2 Units
- Nagy Subdivision
Building Details
- Operating Expense $9,923
- Gross Income $28,800
- Net Operating Income $26,077
Similar Homes in South Lake Tahoe, CA
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/11/2025 03/11/25 | Sold | $702,000 | +0.4% | $380 / Sq Ft |
02/04/2025 02/04/25 | Pending | -- | -- | -- |
11/12/2024 11/12/24 | For Sale | $699,000 | -- | $378 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
P
Seller's Agent in 2025
Paul Ellbogen
Chase International
-
K
Buyer's Agent in 2025
Kimberly Moore
eXp Realty of California
Map
Source: South Tahoe Association of REALTORS®
MLS Number: 140972

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