$425,000 Active
308 L Street
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,088 Sq Ft

About This Property

Welcome to this beautifully updated 3-bedroom, 2-bathroom home offering 1,088 square feet of comfortable living space. From the moment you arrive, you'll appreciate the inviting curb appeal with mature shade trees and charming landscaping that creates a warm welcome. Inside, you'll find updated luxury vinyl plank flooring throughout, along with a remodeled kitchen and refreshed bathrooms that blend style and functionality. Major system upgrades include a new furnace and central A/C installed in 2020, providing year-round comfort and peace of mind. The attached garage and spacious yard offer room to enjoy outdoor living, gardening, or future personalization. This move-in-ready home is perfect for first-time buyers, downsizers, or anyone looking for a well-maintained property with modern updates. Don't miss the opportunity to make this charming home your own!

Listed by Sandra Gabrielli — RE/MAX Professionals-Sparks

Listing Details

Status Active
MLS # 260010103
Price/Sq Ft $391

Property History

Aug 05, 2026
Listed for sale
$425,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,088
Lot Size 0.15 acres
Stories 1
Year Built 1952
Property Type Single Family Residence
Subdivision Green Brae Terrace Addition 4
STR Jurisdiction Washoe County
APN 033-022-25
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $708
Schools
Elementary School Greenbrae
Middle School Dilworth
High School Sparks
📊

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% ($85,000)
Home price
$425,000
Loan details
30-yr fixed, 6.5%
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