$1,050,000
SOLD JUL 1, 2022

1029 Reno Ave South Lake Tahoe, CA 96150

7 Beds
7 Baths
851 Sq Ft
0.34 Acres

Recently Sold

$1,234 Per Sq Ft

12% Below List Price

187 Days on Market

Highlights

  • High Speed Internet
  • Wood Siding
  • 1-Story Property

About This Home

As of July 2022

Developer's special. Seven units on three separate lots (AKA: 1027, 1031, 1035) with lots of coverage. Three separate loans are possible for the three separate lots/properties. All units rented producing steady income. Close to shopping, restaurants, bus lines and other amenites.

Last Agent to Sell the Property

Joseph Riffel

Coldwell Banker Select - LTB License #01150319 Listed on: 11/29/2021

Coldwell Banker Select - LTB

Last Buyer's Agent

Joseph Riffel

Coldwell Banker Select - LTB License #01150319 Listed on: 11/29/2021

Coldwell Banker Select - LTB

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1964

Lot Details

  • 0.34 Acre Lot

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 7 Bedrooms
  • 1-Story Property
  • Crawl Space

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Master Meter
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 7 Units
  • Gross Income $85,380

Listing and Financial Details

  • Assessor Parcel Number 031082016000

Property Details

Home Type

Apartment

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Apt Build 5-12 Units
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Street Number Modifier: 1035
  • Year Built: 1964
  • Miscellaneous: Master Meter-Gas, Master Meter-Electrc, Owner Pays Utilities
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Windows: Single Pane
  • Bedrooms: 7
  • Number Of Stories: One Story

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Foundation: Concrete/Crawl Space
  • Roof: Composition

Utilities

  • Heating/Cooling: Natural Gas, Wall or Space Heater
  • Utilities: City Water, City Sewer, Cable TV, High Speed Internet, Telephone
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.3444
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 15000.00
  • Price Per Acre: 3048780.49

Tax Info

  • Assessor Parcel Number: 031082016000

Multi Family

  • Total Units: 7
  • First Unit Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Additional Assessor Parcel Numbers: 1400.00
  • Unit 2 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 2 Monthly Rent: 990.00
  • Unit 3 Bedrooms Bathrooms: Studio with 1 Bath
  • Unit 3 Monthly Rent: 1150.00
  • Unit 4 Unit Bedrooms Bathrooms: Studio with 1 Bath
  • Unit 4 Monthly Rent: 875.00
  • Unit 5 Bedrooms Bathrooms: Studio with 1 Bath
  • Unit 5 Monthly Rent: 850.00
  • Unit 6 Bedrooms Bathrooms: Studio with 1 Bath
  • Unit 6 Monthly Rent: 800.00
  • Unit 7 Bedrooms Bathrooms: Studio with 1 Bath
  • Unit 7 Monthly Rent: 1050.00

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $1,080,000 -0.9% $432 / Sq Ft
05/02/2025 05/02/25 For Sale $1,090,000 +3.8% $436 / Sq Ft
07/01/2022 07/01/22 Sold $1,050,000 -8.7% $1,234 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
04/25/2022 04/25/22 Price Changed $1,150,000 -4.2% $1,351 / Sq Ft
11/29/2021 11/29/21 For Sale $1,200,000 -- $1,410 / Sq Ft
Source: South Tahoe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 135120

South Tahoe Association of REALTORS®

APN: 031-082-16-100