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Five-Unit Apartment Property
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1150 Bonanza Ave, South Lake Tahoe, CA 96150

Five distinct residences offer varied layouts, individual utility metering, and access to South Lake Tahoe amenities.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market144

Property Features for 1150 Bonanza Ave

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 4BR, 1 x 3BR, 1 x 2BR, 1 x 1BR, 1 x studio
Multifamily Units 5
Listing Agency: Exit Realty Keystone
Listed By: Marian Sacco · License #CA 1939186
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 6:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exit Realty Keystone

Investment Insights

Based on property information with market context.

This apartment property contains 5 separate residences on a 0.5-acre lot, with floor plans ranging from a studio to one-, two-, three-, and four-bedroom units. Recent exterior work includes a new roof, fresh paint, and double-pane windows. Each residence has separate gas and electric meters, while most units include washer/dryer hookups. The studio has a fireplace and has received recent upgrades.

The property is located at 1150 Bonanza Ave in South Lake Tahoe, near the junction of Route 50 and Route 89. The surrounding area provides access to shopping, bus stops, restaurants, skiing, water activities, and casinos. On-site parking is available for tenants.

Key Highlights

  • 5 apartments on a 0.5‑acre lot
  • Unit mix includes 4‑bedroom, 3‑bedroom, 2‑bedroom, 1‑bedroom, and studio residences
  • New roof, fresh exterior paint, and double‑pane windows

Property Analytics

Current Use

Stateline Roofing Roofing Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Barber Shop Catering Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

872
Businesses Nearby

Demographics for 96150, CA

29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five distinct residences offer varied layouts, individual utility metering, and access to South Lake Tahoe amenities.
Where is this apartment building located?
The property is located at 1150 Bonanza Ave South Lake Tahoe, CA.
What are key features of this property?
This property features: 5 apartments on a 0.5‑acre lot; Unit mix includes 4‑bedroom, 3‑bedroom, 2‑bedroom, 1‑bedroom, and studio residences; New roof, fresh exterior paint, and double‑pane windows
More about this property
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