1029 10311035 Reno Avenue South Lake Tahoe CA 96150 MLS #141530

An exceptional income opportunity featuring seven total unitsthree duplexes and one freestanding studiocentrally located in South Lake Tahoe. The properties span three separate parcels (1029 Reno Ave – APN 031-082-016, 1031 Reno Ave – APN 031-082-017, and 1035 Reno Ave – APN 031-082-018), offering future flexibility and potential for individual sales after separate metering.Currently, all units share a single gas and electric meter, providing an opportunity for a savvy investor to increase value by installing individual meters.Recent improvements include extensive renovations to 1029 Reno and a refreshed studio unit on the left side of 1031 Reno. The 1035 Reno duplex is occupied by long-term tenants and presents a great opportunity for future updates and added value.With its prime central location and strong rental demand, this property package is ideal for investors seeking steady income, redevelopment potential, or a long-term portfolio addition in South Lake Tahoe.