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1029 Reno Avenue South Lake Tahoe, CA 96150

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For Sale
$995,000

MULTI_FAMILY - South Lake Tahoe, CA

Property size:
2,400 SF
Lot size:
0.34 Acres
Added:
Oct 30, 2025
Days on Market:
154
Last Refresh:
Apr 1 at 2:06 am

Property Features for 1029 Reno Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Parking
10
Window features
Vinyl Frames, Double Pane Windows
Exterior features
Storage Shed
Standard status
Active
APN
031082016000
Size
2,400 SF
Lot size
0.34 Acres

Utilities

Utilities
Cable Available
Heating system
Space Heater, Natural Gas

Building Details

Year built
1964
Building materials
Wood Frame, Wood Siding
Roof type
Shingle, Composition
Additional Structures
Storage

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Listing Contact
Lloyd Aronoff
Lloyd Aronoff

Listing agent Lloyd Aronoff License #Nevada BS.64400

Listing office RE/MAX Gold - SLT 2568 Lake Tahoe Blvd., South Lake Tahoe, CA

Listing date Oct 30, 2025

MLS# 142293 Listing URL

Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turn-Key Multifamily Investment Opportunity

Located minutes from Lake Tahoe and Heavenly Valley ski resort, the property at 1029-1035 Reno Avenue is a seven-unit offering situated on three separate parcels. This income-producing portfolio includes two duplexes and one triplex, providing a mix of one-bedroom and studio units. Five of the seven units have been remodeled with new flooring, updated countertops and cabinets, fresh interior paint, new heaters in most units, and upgraded windows. The properties are designed to be easy to rent, minimizing near-term capital needs. Sitting on three individually mapped parcels, this asset offers long-term exit and redevelopment options, including selling parcels separately or repositioning with new construction, subject to city and TRPA approvals. The location provides residents with access to beaches, marinas, bike paths, restaurants, and Stateline. The property is situated in South Lake Tahoe, CA, and the lot size is 0.3444 acres. The property size is 2400 square feet. The zoning is Multi-Family. The property is intended for use as residential income properties.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
South Lake Tahoe
County
El Dorado
State
California
Longitude
-119.983928
Latitude
38.925746

FAQs

What type of property is this?
Apartment building - Seven units near Lake Tahoe and Heavenly Valley ski resort.
Where is this apartment building located?
The property is located at 1029 Reno Avenue South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Turn‑key, income‑producing seven‑unit property on three separate parcels.; Centrally located minutes from Lake Tahoe and Heavenly Valley ski resort.; Five of seven units tastefully remodeled with new flooring, countertops, cabinets, paint, heaters, and windows.
More about this property
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