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!
Sold for $310,000
$310,000
1136 Bonanza Ave, South Lake Tahoe, CA 96150
7beds
5baths
2,216sqft
Multi Family
Built in 1955
-- sqft lot
$797,400 Zestimate®
$140/sqft
$2,115 Estimated rent
Home value
$797,400
$678,000 - $925,000
$2,115/mo
Zestimate® history
Owner options
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$2,115/mo
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$2,115/mo
Rent Zestimate®
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$1,962/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,962/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Alora C Reynolds 530-444-0710 areynolds@chaseinternational.com,
Chase International - South La
Bought with:
Alora C Reynolds, 02087131
Chase International - South La
Source: STAOR,MLS#: 141663
Originating MLS: South Tahoe Association of Realtors
Originating MLS: South Tahoe Association of RealtorsFacts & 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: $140/sqft
- Tax assessed value: $135,404
- Date on market: 5/23/2025
- Cumulative days on market: 147 days
- Date available: 01/01/1800
- Listing terms: Cash
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Sold | $310,000-30.3%$140/sqft |
Source:  STAOR #141663 Report a problem | ||
| 9/23/2025 | Pending sale | $445,000$201/sqft |
Source: STAOR #141663 Report a problem | ||
| 9/11/2025 | Price change | $445,000-8.2%$201/sqft |
Source: STAOR #141663 Report a problem | ||
| 8/10/2025 | Price change | $485,000-7.6%$219/sqft |
Source: STAOR #141663 Report a problem | ||
| 7/4/2025 | Pending sale | $525,000$237/sqft |
Source: STAOR #141663 Report a problem | ||
| 6/21/2025 | Listed for sale | $525,000$237/sqft |
Source: STAOR #141663 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $135,404 +2% |
| 2025 | $1,625 +4.9% | $132,750 +2% |
| 2024 | $1,548 +1.6% | $130,148 +2% |
| 2023 | $1,523 +0.9% | $127,597 +2% |
| 2022 | $1,509 +1.5% | $125,096 +2% |
| 2021 | $1,488 +1.4% | $122,644 +1% |
| 2020 | $1,468 +0.5% | $121,387 +2% |
| 2019 | $1,461 +1.1% | $119,007 +2% |
| 2018 | $1,446 +1.1% | $116,675 +2% |
| 2017 | $1,431 +1.9% | $114,389 +2% |
| 2016 | $1,404 +0.7% | $112,147 +1.5% |
| 2015 | $1,395 | $110,464 +2% |
| 2014 | $1,395 | $108,302 +0.5% |
| 2013 | -- | $107,815 +4% |
| 2012 | -- | $103,630 |
| 2011 | -- | $103,630 +0.8% |
| 2010 | -- | $102,857 -0.2% |
| 2009 | -- | $103,103 +2% |
| 2008 | -- | $101,082 +2% |
| 2007 | -- | $99,101 +2% |
| 2006 | -- | $97,159 +2% |
| 2005 | -- | $95,255 +2% |
| 2004 | -- | $93,389 |
Find assessor info on the county website
Neighborhood: 96150
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Tahoe Valley Elementary SchoolGrades: K-5Distance: 1 mi
- 4/10South Tahoe Middle SchoolGrades: 6-8Distance: 2.5 mi
- 7/10South Tahoe High SchoolGrades: 9-12Distance: 0.6 mi
Get a cash offer in 3 minutes
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Estimated market value
$797,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$797,400
- California
- El Dorado County
- South Lake Tahoe
- 96150
- 1136 Bonanza Ave
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