2240 Eloise South Lake Tahoe, CA ^$ 1,249,000

2240 Eloise

^$ 1,249,000

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Recently Listed

2240 Eloise

South Lake Tahoe, CA, 96150

^$ 1,249,000

Studio Baths0.0 Sq 10,890

Monthly Estimate*

^$ 7,886

Listed by Balboa Real Estate, Inc.

2240 Eloise, South Lake Tahoe, CA 96150 - Image 1

2240 Eloise, South Lake Tahoe, CA 96150 - Image 2

2240 Eloise, South Lake Tahoe, CA 96150 - Image 3

2240 Eloise, South Lake Tahoe, CA 96150 - Image 4

Studio

Multi-Family Home for sale in South Lake Tahoe, CA

for $1,249,000. This 10,890 square foot home was built in 1960 on a lot size of 0.25.

In beautiful Lake Tahoe stand these two well maintained residential income buildings on one lot, located at 2240 Eloise, South Lake Tahoe, CA 96150, is a 4,528 sq ft multi-family property built in 1960, featuring four units: three 2-bedroom townhouses and one 3-bedroom freestanding unit. Each townhome includes two bedrooms and one bathroom upstairs, with kitchen, living area, and half bath downstairs, and separately fenced rear yards. The freestanding unit offers three bedrooms and two bathrooms over two stories. The property also includes on site coin-operated laundry facilities. This is a cash flowing investment where you could live in one and have the other 3 units pay your mortgage

Multi-Family Active

Price

^$ 1,249,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.25

Year Built

1960

Town/City

South Lake Tahoe

County/Region

El Dorado

MLS | Web ID

DW26168905

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1960

Stories Count 2

Levels Two

Property Subtype Quadruplex

Gross Income 75000

Community Features Biking Fishing Golf Hiking Horse Trails Lake Rural Street Lights Sidewalks Water Sports

County El Dorado

Net Operating Income 83000

Operating Expense 20000

Insurance Expense 12000

New Construction false

Property Type Residential Income

Contingency open to all offers

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions left off Lake Tahoe blvd rt on Eloise ave

City South Lake Tahoe

Entry Location lake Tahoe

Senior Community Y/N false

Open Parking Spaces 8

Number Of Units Total 4

Lot Size Units Square Feet

Lot Size Square Feet 10890

Listing Terms Conventional

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 150

Fuel Expense 0

Trash Expense 1200

Water Sewer Expense 400

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Appraiser

Tax Lot 11

Property Sub Type Additional Quadruplex

Interior

Total Stories 2

Common Walls 1 Common Wall

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features Back Yard

Water Source Public

Total Parking 8

Lot Size Area 10890

Number of Buildings 2

Building Area Total 10890

Lot Size Acres 0.25

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 76

Number of Separate Gas Meters 87

Number of Separate Electric Meters 87

Horse Amenities Riding Trail

* Excluded Features

List By

Balboa Real Estate, Inc.

Broker

realtorjoeking@gmail.com

Affordability Calculator

$7,886

Per Month

Monthly Principal & Interest: $7,886
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in South Lake Tahoe, CA

Average List Price ^$1,179,738

Percent of Sale Price 6%

About South Lake Tahoe, CA

21,195 Population

-10% Since 2002

^$45,311 Median Income

38.55 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/3/2026	$1,249,000		Listed Price

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2240 Eloise, South Lake Tahoe, CA, 96150 is a Multi-Family Home for sale at $1,249,000 with 10,890 sqft and a lot size of 0.25. 2240 Eloise is a studio with 0.0 baths and was built in 1960. The property's zip code is 96150 which is in South Lake Tahoe, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 8/5/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2240 Eloise

Multi-Family Home for sale in South Lake Tahoe, CA

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