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Sold for $1,530,000
  • $1,530,000

    4093 Manzanita Ave #1-5, South Lake Tahoe, CA 96150

    6beds
    6baths
    2,935sqft
    Multi Family
    Built in 1953
    -- sqft lot
    $1,532,900 Zestimate®
    $521/sqft
    $2,709 Estimated rent

    Home value

    $1,532,900

    $1.38M - $1.70M

    $2,709/mo

    Zestimate® history
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    $2,709/mo

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    $9,737/mo

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    $9,737/mo

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    What's special

    Shared outdoor courtyardSeating areaCozy living spacesHot tub
    Discover the ultimate turnkey investment opportunity in the heart of South Lake Tahoe's coveted Tourist Core. This fully-managed, income-producing tourist rental-property features five recently professionally designed and remodeled, well-appointed units, and an unbeatable location that consistently draws year-round visitors. Comprising one spacious two-bedroom, two-bath unit with an open-concept living and dining area, updated kitchen with granite countertops and stainless steel appliances, three trendy one-bedroom units, each offering cozy living spaces, full kitchens with granite counters and stainless steel appliances, and one efficient studio with its own kitchen, this property offers exceptional flexibility and broad guest appeal to groups or individual holiday makers alike. A shared outdoor courtyard enhances guest enjoyment with a hot tub, BBQ, and seating area, perfect for apres-ski relaxation or summer evening gatherings. Located just a short stroll to the vibrant Heavenly Village and Ski Gondola, guests can access world-class skiing and snowboarding within minutes. In warmer months, the property is within walking distance to Lake Tahoe's beaches and marina, offering boating, and lakeside leisure, while nearby bike trails and hiking routes provide access to trails around the lake and endless backcountry adventures. Visitors also enjoy immediate proximity to premier amenities including the new Tahoe Blue Event Center, Stateline casinos, fine dining, shopping, and the iconic Edgewood Tahoe Golf Course. Zoned within the Tourist Core, a hotel/motel property, ensuring reliable, year-round occupancy and robust income potential. The property is currently managed by a professional rental management company, offering passive income for investors seeking a hands-off asset. Whether catering to families, groups, couples, or solo travelers, these five diverse and beautiful units are perfectly tailored for today's travel market and deliver a consistent return with minimal owner oversight. This is a rare chance to acquire a well-performing, fully furnished and equipped vacation rental complex that is in one of the most desirable and walkable areas of South Lake Tahoe. With the region's enduring popularity for outdoor recreation from snow sports and scenic trails to lakefront activities and summer festivals, this location offers not just investment security, but long-term growth potential in one of California's most dynamic, pristine, and sought-after mountain-lake destinations. Video: https://listings.mousepadreno.com/videos/0196d45d-b054-72e7-a405-90e2673a53cb?v=439

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea S King 530-416-0851 andrea.ie@mac.com,

    Sierra Sotheby's Int'l Realty,

    Joseph King,

    Sierra Sotheby's Int'l Realty

    Bought with:

    Kimberly Moore, 01366299

    eXp Realty of California

    Source: STAOR,MLS#: 141614MLS LogoOriginating MLS: South Tahoe Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Natural Gas, Wall or Space Heater
    Appliances
    • Included: Gas Water Heater
    • Laundry: Common Area
    Features
    • 1st Unit: 2 Beds - 2 Baths, 2nd Unit: 1 Bed - 1 Bath, 3rd Unit: Studio with 1 Bath, 4th Unit: 1 Bed - 1 Bath, 5th Unit: 1 Bed - 1 Bath
    • Windows: Double Pane Windows, Vinyl Frame
    • Basement: Concrete/Crawl Space
    Interior area
    • Total structure area: 2,935
    • Total interior livable area: 2,935 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Patio/Balcony
    • Spa features: Spa/Hot Tub
    Lot
    • Size: 6,969 Square Feet
    Details
    • Parcel number: 029041018000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Wood Siding
    • Roof: Pitched,Composition
    Condition
    • Year built: 1953

    Utilities & green energy

    • Utilities for property: Natural Gas Available, Cable Connected, Phone Connected

    Community & HOA

    Community
    • Subdivision: Lakeside Park
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $521/sqft
    • Date on market: 5/15/2025
    • Cumulative days on market: 29 days
    • Date available: 01/01/1800
    • Listing terms: Cash
    • Total actual rent: 0

    Price history

    DateEventPrice
    6/13/2025Sold$1,530,000-4.4%$521/sqft
    Source: STAOR #141614 Report a problem
    5/25/2025Pending sale$1,600,000$545/sqft
    Source: STAOR #141614 Report a problem
    5/16/2025Listed for sale$1,600,000$545/sqft
    Source: STAOR #141614 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 96150

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,532,900
    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
    $1,532,900