Address
1133 Bonanza Avenue, South Lake Tahoe, CA
Price
$ 1,395,000
Property Attributes
- ID#223111806
- TypeIncome
- CountyEL DORADO
- CitySouth Lake Tahoe
- Area13301
- Zip96150
- Style5 or More Units
- Price$ 1,395,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.95 Acres
Data Source:
MetroList MLS
Property Description
Colliers is pleased to present 1133 Bonanza Avenue, a rare opportunity to purchase a meticulously maintained and remodeled 8-unit apartment complex in the world-renowned town of South Lake Tahoe. The is an ideal opportunity for work force housing as the Casino's and Heavenly resorts are a key driver for employment in town. This unique investment sits on one large parcel totaling .95 Acres. The subject property comes with all studio units that have been completely remodeled throughout. Remodel includes exposed beam ceilings, new cabinets and countertops, new flooring throughout, new bathroom vanities and shower/tub surrounds. Many of the heaters and hot water heaters have been either replaced or updated. Dual pane windows were replaced throughout the entire property and sewer line was replaced in 2017-2018 as well. The property is zoned High Density Residential (HDR) and allows for 14 units total. 6 additional developable units allowed on-site (Confirm with City).
| Price History | |
|---|---|
| 11/21/2023 | Listed $1,395,000 |
General Features
| Appliances | Varies By Unit |
|---|---|
| Association Y/N | No |
| Carport Spaces | 0.0 |
| City | South Lake Tahoe |
| Close Price | 0.0 |
| Construction Materials | Brick, Redwood Siding |
| Cooling | Wall Unit(s) |
| County | El Dorado |
| Directions | Take ramp onto US-50 E. Take the 2nd exit from roundabout onto Emerald Bay Rd (US-50 N). Turn left onto D St. Turn right onto Bonanza Ave. |
| Elementary School District | Lake Tahoe Unified |
| Garage Spaces | 0.0 |
| Heating | Wall Furnace |
| High School District | Lake Tahoe Unified |
| Lot Size Square Feet | 41382.0 |
| MLS Area | 13301 |
| Middle/Junior School District | Lake Tahoe Unified |
| Open Parking Spaces | 0.0 |
| Property SubType | 5 or More Units |
| Property Type | ResidentialIncome |
| Sewer | Public Sewer |
| Standard Status | Active |
| Status | Active |
| Stories | 1 |
| Street Name | Bonanza |
| Total Units | 8 |
| Unit 1 Rent | 1210 |
| Utilities | Natural Gas Connected, Electric |
| Year Built | 1955 |
| Year Built Source | Owner |
| Zoning Description | HDR |
Interior Features
| Flooring | Laminate, Vinyl, Wood, Varies by Unit |
|---|---|
| Laundry Features | Other |
| Street Suffix | Avenue |
| Total Stories | 1 |
| Unit 1 Full Baths | 1 |
| Unittypestudiounitstotal | 8 |
Exterior Features
| Covered Spaces | 0.0 |
|---|---|
| Foundation Details | Concrete |
| Lot Features | Other |
| Lot Size Acres | 0.95 |
| Lot Size Source | Not Verified |
| Number of Buildings | 1 |
| Parking Features | Off Street, Other |
| Total Parking | 24.0 |
| Water Source | Meter on Site, Other |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 96150
Price
Visits
Year Built
Walkscore
Last updated: December 7, 2023 9:44 PM UTC Property Information © 2023 
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