$445,000 Closed
1136 Bonanza Avenue
South Lake Tahoe, CA 96150
SOLD 2025-10-17
Sold for $310,000 (listed at $445,000)
7 Beds
·
2,216 Sq Ft

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About This Property

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!

Listed by Alora Reynolds — Chase International - South Lake Tahoe

Listing Details

Status Closed
MLS # 141663
Sold Date 2025-10-17
Sold Price $310,000
Price/Sq Ft $201

Property History

May 23, 2025
Listed for sale
$525,000
Current
Sold
$310,000
Property Overview
Beds 7
Sq. Ft. 2,216
Lot Size 0.41 acres
Year Built 1955
Property Type MLF
Subdivision W D Barton
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 032142007000
Parking
Total Parking 5
Exterior & Lot
Exterior Features Storage Shed
Construction Wood Frame, Wood Siding
Roof Composition
Foundation Concrete/Crawl Space, Basement/Unfinished, Post & Pier
Utilities & Systems
Heating Natural Gas, Wall or Space Heater

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,309 sq ft covered of 177 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
17,685 sq ft
Allowed Coverage
177 sq ft · 1%
Existing Coverage
2,309 sq ft · 13%
Addable Coverage
0 sq ft
Existing Units
4

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares
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