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$310,000

  • Sold
  • Closed
  • Multi-Family
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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!

Full Property Details for 1136 Bonanza Ave

General

  • Sold For: $310,000
  • Status: Closed
  • Type: Multi-Family
  • Source: South_Tahoe_MLS
  • MLS ID: 141663
  • Added to Site: 250 day(s) ago

Parking

  • Total Spaces: 5

Location

  • Area: Y Area
  • County: El Dorado
  • Subdivision: W D Barton
  • Cross Streets: D St
  • Driving Directions: From HWY 50, turn on to D St, right on Bonanza, property is on the left side

Heating & Cooling

  • Heating Type: Natural Gas, Wall or Space Heater
  • Water Heater: Natural Gas

Utilities

  • Utility Description: NaturalGasAvailable

Structural Information

  • Construction Status: Wood Frame, Wood Siding
  • Construction: Wood Frame, Wood Siding
  • Foundation: Concrete/Crawl Space, Basement/Unfinished, Post &
  • Roof: Composition
  • Windows/Doors: Single Pane
  • Entry Location: Two Story
  • Stories/Levels: Two Story
  • Year Built: 1955

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1

Unit 3

  • Total Bathrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.41
  • Lot Size Source: Assessor

Financial Considerations

  • Price Per Sq. Ft.: $139.89
  • Price Per Acre: $756,097.56
  • Terms: Cash

Listing agent

— 1136 Bonanza Ave —

areynolds@chaseinternational.com;530-444-0710

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1136 Bonanza Ave

School District:Lake Tahoe Unified School District
NameGradesDistance
Bijou Community School
3501 Spruce Avenue, South Lake Tahoe, CA 96150
K-53.2 mi
South Tahoe Middle School
2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150
6-82.5 mi
South Tahoe High School
1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1136 Bonanza Ave

Date
Details
Price
Change
Source
10/17/2025
Sold
$310,000
-30.34%
MLS
9/10/2025
Price Reduced
$445,000
-8.25%
MLS
8/10/2025
Price Reduced
$485,000
-7.62%
MLS
5/13/2025
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 1136 Bonanza Ave

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8682 N Dolly Varden Ave, Kings Beach, CA 96143 - Photo 1 Price Reduced
-$20,000 (-1.61%)
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8682 N Dolly Varden Ave  Kings Beach, CA 96143

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  • 3
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Listed by Morrison - Real Estate Sales, Daniel Morrison
8682 Dolly Varden Ave, Kings Beach, CA 96143 - Photo 1 Price Reduced
-$20,000 (-1.61%)
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8682 Dolly Varden Ave  Kings Beach, CA 96143

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Listed by Morrison Real Estate
400 + Resort Rd, Olympic Valley, CA 96146 - Photo 1 Price Reduced
-$5,000 (-0.66%)
$755,000

400 + Resort Rd  #932  Olympic Valley, CA 96146

  • Condo / Townhouse
  • Active
  • Updated 2 days ago
  • 1
    Bed
  • 2
    Total Baths
  • 758
    Sq. Ft.
Listed by Lawrence Realty, Roland Lawrence
400 Resort Rd, Olympic Valley, CA 96146 - Photo 1 Price Reduced
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400 Resort Rd  #655  Olympic Valley, CA 96146

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Listed by Lawrence Realty, Roland Lawrence

Recent Sales near 1136 Bonanza Ave

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1281 Bonanza Ave, South Lake Tahoe, CA 96150 - Photo 1 Sold
$269,000

1281 Bonanza Ave  #3  South Lake Tahoe, CA 96150

  • Condo
  • Closed
  • 2
    Beds
  • 1
    Total Bath
  • 812
    Sq. Ft.
Listed and Sold by Coldwell Banker Select - LTB, Madeleine R Gutierrez
807 Gardner St, South Lake Tahoe, CA 96150 - Photo 1 Sold
$350,000

807 Gardner St  South Lake Tahoe, CA 96150

  • Single Family
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 912
    Sq. Ft.
Listed by RE/MAX Gold - SLT, Jesse A Schue and Kaylin M Culver
Sold by Chase International - South Lake Tahoe, Lucas C Johnson
516 Emerald Bay Rd, South Lake Tahoe, CA 96150 - Photo 1 Sold
$271,000

516 Emerald Bay Rd  #426  South Lake Tahoe, CA 96150

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  • Closed
  • 1
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  • 1
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  • 678
    Sq. Ft.
Listed by Mountain Luxury Properties, Mackenzie Martin
Sold by Compass, Michelle M Keck
2610 Knox Ave, South Lake Tahoe, CA 96150 - Photo 1 Sold
$345,000

2610 Knox Ave  South Lake Tahoe, CA 96150

  • Single Family
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 912
    Sq. Ft.
Listed and Sold by Compass, Ginger Nicolay-Davis

1136 Bonanza Avenue, South Lake Tahoe, CA 96150 (MLS# 141663) is a Multi-Family property that was sold at $310,000 on October 17, 2025. Want to learn more about 1136 Bonanza Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Lake Tahoe? You can browse all South Lake Tahoe real estate or contact a Coldwell Banker agent to request more information.