$1,499,999

1309 Peninsula Rd South Lake Tahoe, CA 96150

Estimated payment $9,610/month

Total Views 9,791
10 Beds
5 Baths
4,100 Sq Ft
$366 Price per Sq Ft

Highlights

  • Fireplace
  • Wood Siding
  • 1-Story Property
  • Double Pane Windows

About This Home

An incredible income opportunity in the heart of South Lake Tahoe. This 4-plex has beautiful updated interiors and excellent rental history making this a solid investment. One studio, one 3 bedroom/2 bath and two 3 bedroom/1 baths. Each unit comes with a designated carport and a large parking pad gives extra space for off-street parking. Recent updates include the kitchens, bathrooms, flooring and windows in all of the units as well as a newer roof and driveway. Walk to Bijou elementary, the Whole Foods center, beaches, Ski Run and just minutes to Heavenly, the casino corridor, restaurants and all that South Lake has to offer.

Listing Agent

Chris & Brooke Hernandez

Compass License #01477359 Listed on: 06/05/2025

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 10 Bedrooms
  • 4,100 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Pane Windows
  • Crawl Space
  • Laundry in unit

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 025262007000

Community Details

Overview

  • 4 Units
  • Bijou Park Subdivision

Building Details

  • Gross Income $10,865

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Quadruplex
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1961
  • Miscellaneous: Sep. Water Heater, Separate Heat/Cool, Owner Pays Utilities, Tenant Pays Utlities
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Bijou Park
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Windows: Double Pane
  • Bedrooms: 10
  • Laundry: In Unit
  • Price Per Square Foot: 365.85
  • Square Footage: 4100.00
  • Number Of Stories: One Story

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Foundation: Concrete/Crawl Space, Slab
  • Roof: Pitched, Composition

Garage/Parking

  • Number Grge Crprt: 4

Utilities

  • Heating/Cooling: Natural Gas, Wall or Space Heater, Fireplace
  • Utilities: City Water, City Sewer
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.2300
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 10019.00
  • Price Per Acre: 6521734.78

Tax Info

  • Assessor Parcel Number: 025262007000

Multi Family

  • Total Units: 4
  • First Unit Bedrooms Bathrooms: Studio with 1 Bath
  • Additional Assessor Parcel Numbers: 1800.00
  • Unit 2 Bedrooms Bathrooms: 3 Beds - 2 Baths
  • Unit 2 Monthly Rent: 3200.00
  • Unit 3 Bedrooms Bathrooms: 3 Beds - 1 Bath
  • Unit 3 Monthly Rent: 2850.00
  • Unit 4 Unit Bedrooms Bathrooms: 3 Beds - 1 Bath
  • Unit 4 Monthly Rent: 2950.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $1,499,999 +0.1% $366 / Sq Ft
06/05/2025 06/05/25 For Sale $1,499,000 +42.8% $366 / Sq Ft
12/22/2022 12/22/22 Sold $1,050,000 0.0% $257 / Sq Ft
12/06/2022 12/06/22 Off Market $1,050,000 -- --
09/20/2022 09/20/22 Off Market $1,050,000 -- --
07/02/2022 07/02/22 Pending -- -- --
07/01/2022 07/01/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $1,099,000 0.0% $269 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $1,099,000 +158.6% $269 / Sq Ft
11/10/2014 11/10/14 Sold $425,000 -13.1% $104 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $489,000 -- $120 / Sq Ft
Source: South Tahoe Association of REALTORS®

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Source: South Tahoe Association of REALTORS®

MLS Number: 141702

South Tahoe Association of REALTORS®