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!
Property Details
Price:
$485,000
MLS #:
141663
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Apt Build 5-12 Units
Neighborhood:
yarea
Listed Date:
May 13, 2025
Finished Sq Ft:
2,216
Lot Size:
17,860 sqft / 0.41 acres (approx)
Year Built:
1955
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address1136 Bonanza Avenue South Lake Tahoe CA
- NeighborhoodY Area
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
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Market Summary
Current real estate data for Multi Family in South Lake Tahoe as of Aug 12, 2025
29
Multi Family Listed
125
Avg DOM
371
Avg $ / SqFt
$1,248,879
Avg List Price
Property Summary
- 1136 Bonanza Avenue South Lake Tahoe CA is a Multi Family for sale in South Lake Tahoe, CA, 96150. It is listed for $485,000
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