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2218 Lake Tahoe Boulevard — South Lake Tahoe | Belmont Brokerage | Belmont Brokerage

Active

$1,600,000

0 DOM

— bd— ba— sqft

Call

2218 Lake Tahoe Blvd South Lake Tahoe, CA 96150

21,780sqft lot

Rare mixed-use investment opportunity in the heart of South Lake Tahoe. This income-producing property features three retail/commercial spaces, two residential 2-bedroom/1-bath units, and four RV spaces, offering diversified income potential and multiple revenue streams. Situated on approximately 0.50 acres with approximately 4,980 SF of improvements per available records, this property benefits from excellent visibility along Lake Tahoe Blvd in a high-traffic corridor. Ideal for investors seeking a value-add or stable income asset in one of South Lake Tahoes most desirable tourism-driven markets. Strong upside through lease optimization, renovation, or repositioning. Buyer to verify all unit count, square footage, permits, zoning, RV space legality, and allowable uses with the City/County. Property information based on available public/property records. It includes 2218 & 2214 Lake Tahoe and 1008 2nd Street.

MLS ML82043190

408-359-7070 (Office) 408-359-7070 (Cell) moonkyuchoe@gmail.com

Est. payment

$10,224/mo

Principal & interestTaxesInsurance

$8,090$1,667$467

Down %

Rate %

Years

Down payment: $320,000 · Total cost: $3,232,569

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$10,224/mo

Principal & interest: $8,090
Est. property tax: $1,667
Est. insurance: $467
Down payment: $320,000

Est. gross rent$6,667/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-3,557/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 15, 2026	$1,600,000	—

Facts & Features

Transaction Data

Annual Taxes$17,219

Structure & Property

Year Built1955

408-359-7070 (Office) 408-359-7070 (Cell) moonkyuchoe@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

2218 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150

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2218 Lake Tahoe Blvd South Lake Tahoe, CA 96150

About this home

Moon Choe

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Moon Choe

Sale & Tax History

No Recent Sales History

Location

2218 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

2218 Lake Tahoe Blvd South Lake Tahoe, CA 96150

About this home

Moon Choe

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Moon Choe

Sale & Tax History

No Recent Sales History

Location