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.
Property Details
Price:
$1,499,999
MLS #:
141702
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Neighborhood:
bijou1
Listed Date:
Jun 5, 2025
Finished Sq Ft:
4,100
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
1961
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address1309 Peninsula Road South Lake Tahoe CA
- NeighborhoodBijou 1
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Multi Family in South Lake Tahoe as of Oct 24, 2025
24
Multi Family Listed
160
Avg DOM
364
Avg $ / SqFt
$1,202,458
Avg List Price
Property Summary
- 1309 Peninsula Road South Lake Tahoe CA is a Multi Family for sale in South Lake Tahoe, CA, 96150. It is listed for $1,499,999
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Courtesy of Chris Hernandez of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the South Tahoe Association of Realtors. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. South Tahoe Association of Realtors. All rights reserved. 1309 Peninsula Road
South Lake Tahoe, CA

































