Company Logo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo
1029 Reno Avenue, South Lake Tahoe, CA 96150 Photo

33 Total Photos [Click to View All]

1029 Reno Avenue
South Lake Tahoe, CA 96150
$989,500
3 Beds | 7 Baths | 2400 sqft | 0.34 Acreage

Centrally located just minutes from Lake Tahoe and Heavenly Valley ski resort, 1029-1035 Reno Avenue is a rare, turn-key seven unit offering on three separate parcels. This income producing portfolio consists of two duplexes and one triplex, giving investors a flexible mix of one bedroom and studio units in a consistently high demand rental corridor. Five of the seven units have been tastefully remodeled from the floors up, featuring new flooring, updated countertops and cabinets, fresh interior paint, new heaters in most units and upgraded windows for comfort and efficiency. The properties present as clean, modern, and easy to rent, minimizing near-term capital needs while appealing to quality tenants. Sitting on three individually mapped parcels, this asset offers long term exit and redevelopment options: hold as a cash flowing seven unit compound today, and down the road explore selling parcels separately or repositioning with new construction (subject to city and TRPA approvals). The in-town location allows residents close access to beaches, marinas, bike paths, restaurants and Stateline, making these units especially attractive to year round and seasonal renters alike.

Listed By / Presented By

Listed By

Agency Name: RE/MAX Gold - SLT
Agent Name: Lloyd Aronoff
Agency Phone: 530-541-0200

Presented By

Agency Title: Chase International Real Estate
Agency Phone: 775.588.6130

IDX logo

Contact a Chase Agent for More Information

Property Details

Property Type: Multi Unit - Multiple
Basement: Concrete/Crawl Space
Home Style: Apt Build 5-12 Units
Lot Size: 0.34 Acres
Roof Type: Composition, Shingle
Year Built: 1964
MLS ID: 142293

Feature Descriptions

Days on Site: 213
Exterior: Storage Shed
Exterior: Wood Frame, Wood Siding
Heating/Cooling: Natural Gas, Wall or Space Heater
Miscellaneous: Master Meter-Gas, Master Meter-Electrc, Owner Pays Utilities
Units: 7
Utilities: NaturalGasAvailable, Cable TV, Telephone, Water Meter
Windows: Double Pane, Vinyl Frame

Neighborhood Map

Driving Directions

Demographics

Estimate My Payments

  • Estimated Payment
    $2,490.80
  • Principal & Interest
    $2,202.20
  • Property Tax
    $0.00 (data not provided by mls)
  • Homeowner's Insurance
    $288.60
(Payments are an estimate and may vary by lender)

Mortgage Calculator

Change Payment Information

%
years/fixed
yearly
yearly (est.)
Contact Photo

We're Here to Help

Connect with our team of knowlegable local agents to guide your next move with style and grace.

Login to My Homefinder

Pixel