$650,000 Active
1525 California Avenue
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,651 Sq Ft

About This Property

Move-in ready single-story home featuring fresh interior paint, new luxury vinyl plank flooring, and a spacious, functional floor plan located in desirable Reno neighborhood with no HOA! The inviting dining area with a classic brick fireplace flows into the kitchen which offers ample cabinet storage and countertop. Enjoy generously sized bedrooms, indoor laundry, an attached two-car garage, and a covered patio overlooking a private backyard with mature landscaping. Conveniently located near Downtown Reno, Truckee River, Idlewild park, shopping, popular schools, parks, Lake Tahoe, universities, and USA Pkwy. This home is ready for its next owner. Home includes all kitchen appliances with a new refrigerator, as well as washer and dryer. Newly replaced and permitted electrical outlets, main and circuit board. New insulated garage door installed July 2026, furnace replaced in 2023 and AC unit replaced approximately 2008.

Listed by Rodney Lee — Coldwell Banker Select Mt Rose

Listing Details

Status Active
MLS # 260009231
Price/Sq Ft $394

Property History

Jul 18, 2026
Listed for sale
$650,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,651
Lot Size 0.16 acres
Stories 1
Year Built 1958
Property Type Single Family Residence
Subdivision Williams
STR Jurisdiction Washoe County
APN 010-162-16
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Construction Brick
Roof Asphalt, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $1,188
Schools
Elementary School Hunter Lake
Middle School Swope
High School Reno
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($130,000)
Home price
$650,000
Loan details
30-yr fixed, 6.5%
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