Active

3994 Pine Boulevard

South Lake Tahoe CA, 96150

$2,280,000


$780.82 per sqft

Active

2,920 sqft

Commercial

Built in 1947

Check out Video: https://listings.mousepadreno.com/videos/0190a268-73f2-7332-ba78-97d0d3b9e769 Investment opportunity in the heart of downtown South Lake Tahoe's Tourist Core Zone; Heavenly Ski Gondola, Heavenly Village, shopping, movie theatre, ice skating, casinos, the beach, and the new Convention and Event Center, are all within walking distance. Perfectly located at the end of a quiet Cul-De-Sac on the lakeside of HWY 50, without thru-traffic, and adjacent to open+ scenic space. Currently operating with seven units, all equipped for self-catering, one unit is a three bedroom apartment with full kitchen and dining area plus living room- could be used as owner's quarters or stay as profitable rental, two units are 1-bedrooms with living room, and 4 units are studios with kitchenettes. All units are newly and beautifully furnished throughout and with many upgrades done in 2022. There is an additional large laundry/ storage/ workshop area that could be further developed. Currently fully operated by a management company as Pine Tree Place units #1- #7. Popular in the winter ski season, the summer lake season with water sports and beach, plus additional concerts and events for year-round fun. Great blue-chip investment in prime downtown area.

140434

MLS ID

July 3, 2024

Listed

July 13, 2024

Updated

Map

3994 Pine Boulevard
South Lake Tahoe CA, 96150

Interior Features

Total Stories

1


Floor Description

Carpet, Heavy Duty, Other/See Remarks


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas, Wall or Space Heater, Other/See Remarks

Exterior/Building Features

Lot Size

0.21 Acres


Exterior Features

Other/See Remarks


Roof

Composition, Other

Other Property Details

Area Name

Stateline


Days on Market

8


Garage

No


View

No


County

El Dorado


Pool

No


Zoning

Other/See Remarks

Listed by Sierra Sotheby's International Realty, Andrea S King,
Listing Contact: 530-416-0851 

Based on information from the South Tahoe Association of REALTORS® MLS as of 9:58 AM UTC, 7/13/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Gregory Ochoa | CA DRE# 01725318 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 South Tahoe Board of REALTORS®. All rights reserved.

Data last updated 9:58 AM UTC, 7/13/2024

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