Tahoe Sierra 1 Real Estate

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Newest Listings in Tahoe Sierra 1

$125,000

142518 MLS

Convenient, level parcel located on Sierra Boulevard in the heart of South Lake Tahoe. Located on a corner and along the recently completed recreation path, fantastic location for walking to nearby shops, restaurants, and bars, or going the other direction for hiking and biking in open space. Ask the city building department about options, including the addition of up to two Accessory Dwelling Units (ADUs). IPES score 738 per TRPA.gov.

1091 Sierra Blvd, South Lake Tahoe

Courtesy of Matt Lucksinger and Lake Valley Properties. Contact:

All listings are courtesy of IVR MLS. Listing Agent: Matt Lucksinger, Listing Office: Lake Valley Properties.

$962,500

7 Beds ⋅ 7 Baths ⋅ 142293 MLS

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. Six out of seven units are presently vacant allowing a buyer to operate at their own discretion. All rents shown are estimates based on current rental market. 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.

1029 Reno Ave, South Lake Tahoe

Courtesy of Lloyd Aronoff and RE/MAX Gold - SLT. Contact:

All listings are courtesy of IVR MLS. Listing Agent: Lloyd Aronoff, Listing Office: RE/MAX Gold - SLT.

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© 2017 Northern Nevada Regional MLS, Inc. All Rights Reserved
Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed