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For sale
  • Price cut: $40K (8/10)
    $485,000

    1136 Bonanza Ave, South Lake Tahoe, CA 96150

    7beds
    5baths
    2,216sqft
    : 
    Multi Family
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $219/sqft
    $-- HOA

    What's special

    Investor Opportunity in South Lake Tahoe!Unlock the potential of this rare 5-unit multi-family complex, ideally situated on a spacious 17,860 sq ft flat lot in the heart of South Lake Tahoe. Whether you're an experienced investor or looking to expand your portfolio, this property offers a unique opportunity to generate steady rental income in one of the most desirable mountain communities in California.Primary us is multi-family 4+ units per the City of South Lake Tahoe, this property invites your vision for renovation, redevelopment, or long-term income. With ample space for upgrades, landscaping, or potential expansion (buyer to verify), the possibilities are vast.Located just minutes from Camp Richardson, Pope Beach, restaurants, and shops at the Y, this location is highly attractive to year-round renters and vacationers alike.Don't miss out on this exceptional investment in a high-demand areaopportunities like this are rare!
    58 days
    on Zillow
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    113
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    Zillow last checked: 7 hours ago

    Listing updated: August 09, 2025 at 02:15pm

    Listed by:

    Alora C Reynolds 530-444-0710 areynolds@chaseinternational.com,

    Chase International - South La

    Source: STAOR,MLS#: 141663MLS LogoOriginating MLS: South Tahoe Association of Realtors
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1136 Bonanza Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    Heating
    • Natural Gas, Wall or Space Heater, Separate Heat/Cool
    Appliances
    • Included: Sep. Water Heater, Gas Water Heater
    Features
    • 1st Unit: 2 Beds - 1 Bath, 2nd Unit: Studio with 1 Bath, 3rd Unit: Studio with 1 Bath, 4th Unit: 1 Bed - 1 Bath, 5th Unit: 2 Beds - 1 Bath
    • Windows: Single Pane
    • Basement: Concrete/Crawl Space,Unfinished
    Interior area
    • Total structure area: 2,216
    • Total interior livable area: 2,216 sqft

    Property

    Parking
    • Total spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.41 Acres
    Details
    • Additional structures: Storage Shed
    • Parcel number: 032142007000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Composition
    Condition
    • Year built: 1955

    Utilities & green energy

    • Utilities for property: Natural Gas Available

    Community & HOA

    Community
    • Subdivision: W D Barton
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $219/sqft
    • Tax assessed value: $130,148
    • Annual tax amount: $1,548
    • Date on market: 5/23/2025
    • Date available: 01/01/1800
    • Total actual rent: 0
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