Address
1150 Bonanza Avenue, South Lake Tahoe, CA
Price
$ 1,580,000
Property Attributes
  • MLS#139768
  • TypeMulti-Family
  • CountyEL DORADO
  • CitySouth Lake Tahoe
  • AreaY Area
  • Zip96150
  • StyleApt Build 5-12 Units
  • Price$ 1,580,000
  • Bedrooms11
  • Full Bathrooms5
  • Half Bathrooms2
  • Sqr Footage3553
  • Lot Size0.5 Acres
Data Source:
South Tahoe MLS (STAR)
Property Description

Introducing 1150 Bonanza So Lake Tahoe - a fantastic opportunity for investors or owner-occupants! Situated in an excellent South Lake location, this property is conveniently located near skiing, water activities, and casinos. Featuring 5 separate apartments on a spacious 0.5-acre lot, this property offers plenty of parking for tenants. With a mix of units including a 4-bedroom, 3-bedroom, 2-bedroom, 1-bedroom, and a studio, there is great potential for rental income. Recent exterior updates include a new roof, fresh paint, and double-pane windows, ensuring a modern and attractive facade. Each unit has separate gas and electric meters, and most are equipped with washer/dryer hookups. The studio unit boasts a cozy fireplace and has been recently upgraded. Located just off Route 50 and 89 junction, this property provides easy access to shopping, bus stops, restaurants, and more. Don't miss out on this turnkey investment opportunity in the heart of South Lake Tahoe. Reach out now to seize the opportunity!!

Price History
2/1/2024 Listed $1,580,000

General Features

Listing Agent Name Oriel M Bar

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 96150

Price
AVG $1.99M
$1.58M
Visits
AVG 21
10
Data Provided by Inside Real Estate®
Year Built
AVG 1980
1951