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$ 959,000
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1029 Reno Avenue South Lake Tahoe, CA 96150
7 Beds
851 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apt Build 5-12 Units
Listing Status Active
Purchase Type For Sale
Square Footage 851 sqft
Price per Sqft $1,126
Subdivision Tahoe Sierra 1
MLS Listing ID 142293
Bedrooms 7
Year Built 1964
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Apt Build 5-12 Units
Property Description
Centrally located 7 rental units on 3 separate lots. One gas meter and one electric meter so owner pays the utilities. Price includes 1029 Reno APN 031-082-016 duplex, 1031 Reno Ave, APN 031-082-017 duplex plus studio cabin, 1035 Reno APN 031-082-018 duplex. Total square footage of land is apx. 15,000. Total square footage of buildings is apx. 2,400. New owner is in the process of painting and cleaning up the property. Work on 4 units will be new flooring, kitchens, bathrooms and heaters. Work will be completed by mid January 2026. This price is an amazing opportunity. Contractor or owner builder potential to demolish existing buildings and build 3 separate new homes or 3 duplexes on 3 separate parcels.
Location
State CA
County El Dorado
Area Tahoe-Sierra
Zoning Multi-Family
Interior
Heating Natural Gas, Wall or Space Heater
Cooling Natural Gas, Wall or Space Heater
Exterior
Exterior Feature Storage Shed
Garage Spaces 10.0
Utilities Available NaturalGasAvailable, Cable TV, Telephone, Water Meter
Roof Type Composition,Shingle
Building
Story One Story
Foundation Concrete/Crawl Space
Water Natural Gas
Others
Ownership Fee Simple
Listed by RE/MAX Gold - SLT