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About This Home

This 0-bedroom, 0-bathroom residential multi family at 2493 Ponderosa Street in South Lake Tahoe, CA is listed for $700,000 ($255 per sqft). Built in 1959, the home offers 2,750 sqft of living space on a 0.18 acres lot.

Agent Description

Set in the heart of South Lake Tahoe, this is an excellent investment opportunity! Three units - a one bedroom/one bathroom, two bedroom/one bathroom and a three bedroom/two bathroom. Owned by the same family since the beginning, this property has an excellent track record as a rental.

Fenced in the front and back, with a large parking area and decks in the front and back - the smaller units are on the lower level while the three bedroom encompasses the entire upper level. The neighboring lot, 2491 Ponderosa Street, is also for sale - creating even more potential. Centrally located on the bike path, just a short stroll to the meadow and shores of Lake Tahoe and minutes to world-class-skiing, the casinos and all that the area has to offer.

Key Features

  • Built in 1959
  • 0.18 acre lot
  • 10 parking spaces

Property Details

10 spaces
1959

Monthly Cost Estimate

$3,744/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,033
Insurance$204

Estimates only. Actual payments may vary.

Location

2493 Ponderosa Street

South Lake Tahoe, CA 96150

Property Details

Construction

Wood Frame

Heating

Space Heater

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2493 Ponderosa Street is listed at $700,000 ($255/sqft). The estimated monthly payment is $3,033 based on 20% down at 6.5% interest.

Key features include: Built in 1959, 0.18 acre lot, 10 parking spaces.

This property is listed by Chris Hernandez and can be reached at (310) 230-5478 or kathy@compass.com.

CH

Chris Hernandez

Agent at Compass

(310) 230-5478

Listed by Compass · View on Broker Site

MLS# 142598· Source: listhub· Updated 80 days ago

Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2493 Ponderosa Street, South Lake Tahoe, CA 96150

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