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
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Market Summary
Current real estate data for Multi Family in South Lake Tahoe as of Aug 12, 2025
29
Multi Family Listed
125
Avg DOM
371
Avg $ / SqFt
$1,248,879
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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