1150 Bonanza Avenue

South Lake Tahoe, CA 96150

$1,299,000
Price
10
Beds
3,553 Sq. Ft.
$366 / Sq. Ft.
3,553
Sq. Ft.
$366
per Sq. Ft.

Description

Five Apartments. Multi family 5 unit property in a great location. Excellent opportunity for investment or owner can occupy one or more units. Sitting on a half acre, lot is set back from the road for privacy. The property has a duplex and a triplex. Many owner upgrades include newer roof, windows and paint. Interiors have been upgraded as well. Presently fully rented. Separately metered. Conveniently located to everything Lake Tahoe has to offer.Five Apartments. Multi family 5 unit property in a great location. Excellent opportunity for investment or owner can occupy one or more units. Sitting on a half acre, lot is set back from the road for privacy. The property has a duplex and a triplex. Many owner upgrades include newer roof, windows and paint. Interiors have been upgraded as well. Presently fully rented. Separately metered. Conveniently located to everything Lake Tahoe has to offer.
  1. Listed by Lloyd Aronoff • DRE #00498929 • Brokerage DRE #01460681 • RE/MAX Gold - SLT

Property Details for 1150 Bonanza Avenue

Area
Y Area
Subdivision
W D Barton Tr
# Garage/Carport
0
# Parking Spaces
0
LISTING UPDATED: 10/25/2024 11:33 AM

Property Details for 1150 Bonanza Avenue

StatusActive
MLS #140668
Days on Compass55
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apt Build 5-12 Units
Year Built1951
Lot Size0.50 AC / 21,780 SF
CountyEl Dorado County

Building Information for 1150 Bonanza Avenue

Stories-Residences5Year Built1951Building Size-Lot Size0.50 AC / 21,780 SF

Property Information for 1150 Bonanza Avenue

Summary
Location and General Information
  • Directions: Highway 50 to D St. right on Bonanza Ave
  • FIPS Code: 17
  • Road Agreements: No
  • Cross Street Address: D St
Taxes and HOA Information
  • Association: South Tahoe Association of Realtors
Owner
  • Type of Ownership: Fee Simple
Property
Lot Information
  • Acres: 0.5
  • Age: 0
  • Lot Measurement: SqFt
  • Lot Size Source: (Tax Data)
  • Three Quarter Bathrooms: 0
  • Zoning: Multi-Family
  • Zoning Source: Assessor
Property and Assessments
  • APN: 032142009000
  • Foundation: Concrete/Crawl Space
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Possession: Close Of Escrow
  • Lease Type: Net
  • Limited Service: No
  • Miscellaneous: Sep. Water Heater, Tenant Pays Utlities
  • Square Footage Source: Tax Data
  • TRPA Land Cap Study: No
  • Year Built Source: Tax Data
Utilities
  • Utilities: NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, Water Meter
  • Water Fee: $.00
  • Water Heater: Natural Gas
Interior and Exterior Features
Exterior Features
  • Construction: Wood Frame, Wood Siding
  • Roof: Pitched, Composition
Interior Features
  • Heating/Cooling: Natural Gas, Wall or Space Heater
  • Windows: Double Pane
Multi Family
Multi-Family Information
  • Annual Operating Exp: $39,000.00
  • Effective Rental Inc: $.00
  • Gross Income Source: Owner
Unit 1
  • 1st Unit Beds/Baths: 3 Beds - 1 Bath
Unit 2
  • 2nd Unit Beds/Baths: 3 Beds - 1 Bath
Unit 3
  • 3rd Unit Beds/Baths: 1 Bed - 1 Bath
Unit 4
  • 4th Unit Beds/Baths: Studio with 1 Bath
Unit 5
  • 5th Unit Beds/Baths: 2 Beds - 1 Bath

Property History for 1150 Bonanza Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1150 Bonanza Avenue

Taxable ValueLand$306,000Additions$765,000Total$1,071,000
Tax Record2024$15,575 ($1,298 / month)
Home Facts
Baths5Total Finished SqFt3,553 SqFtAbove Grade Finished SqFt3,553 SqFtStories2Lot Size21,780 SqFtStyleQuadraplexYear Built1951Year Renovated1965ZoningHDRCountyEL DORADOAPN032-142-009-000Fireplace TypeHas Fireplace

Schools near 1150 Bonanza Avenue

This home is within Lake Tahoe Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Bijou Community School
PublicK to 5

South Tahoe Middle School
Public6 to 8

South Tahoe High School
Public9 to 12

Mt. Tallac High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1150 Bonanza Avenue is a multi-family home for sale in South Lake Tahoe, CA 96150. This property was listed for sale on August 19, 2024 by RE/MAX Gold - SLT, it's currently listed at $1,299,000. It has been on the market for a total of 55 days and was last sold on October 17, 2022. This listing's school district is Lake Tahoe Unified School District. Nearby schools include Bijou Community School, South Tahoe Middle School and South Tahoe High School. 1150 Bonanza Avenue is a 10-bed, 0-bath, 3,553 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Gold - SLT, Lloyd Aronoff, DRE #00498929

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.