Nestled 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.
Sold for $702,000 on 03/11/25
$702,000
1246 Lester St #1 & 2, South Lake Tahoe, CA 96150
4beds
2baths
1,848sqft
Duplex
Built in 1964
-- sqft lot
$703,600 Zestimate®
$380/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 13, 2025 at 12:42am
Listed by:
Paul J Ellbogen 775-781-8157 pellbogen@chaseinternational.com,
Chase International
Bought with:
Kimberly Moore, 01366299
eXp Realty of California
Source: STAOR,MLS#: 140972
Originating MLS: South Tahoe Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Natural Gas, Wall or Space Heater, Fireplace(s), Separate Heat/Cool
Cooling
- Has cooling: Yes
Appliances
- Included: Sep. Water Heater, Gas Water Heater
- Laundry: In Unit
Features
- 1st Unit: 2 Beds - 1 Bath, 2nd Unit: 2 Beds - 1 Bath
- Windows: Double Pane Windows, Metal Frame
- Basement: Concrete/Crawl Space
- Has fireplace: Yes
Interior area
- Total structure area: 1,848
- Total interior livable area: 1,848 sqft
Property
Parking
- Total spaces: 4
Features
- Levels: One
- Stories: 1
- Exterior features: Patio/Balcony
Lot
- Size: 6,098 sqft
Details
- Additional structures: Storage Shed
- Parcel number: 025382006000
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Frame
- Roof: See Remarks,Pitched
Condition
- Year built: 1964
Utilities & green energy
- Sewer: City Sewer
- Water: City Water
- Utilities for property: Natural Gas Available
Community & neighborhood
Location
- Region: South Lake Tahoe
- Subdivision: Nagy
HOA & financial
Other financial information
- Total actual rent: 36000
Other
Other facts
- Available date: 01/01/1800
- Listing terms: Cash to New Loan
- Ownership: Fee Simple
Services availability

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