Homes for sale - 3994 Pine Blvd, South Lake Tahoe, CA 96150

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Jean Merkelbach

[email protected] +1(775) 901-0704

$ 2,280,000

Est. payment -/mo

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3994 Pine Blvd South Lake Tahoe, CA 96150

2,920 SqFt

UPDATED:

07/23/2024 06:12 AM

Key Details

Property Type Commercial

Sub Type Business w/ RE

Listing Status Active

Purchase Type For Sale

Square Footage 2,920 sqft

Price per Sqft $780

Subdivision Ca

MLS Listing ID 240009076

Year Built 1947

Lot Size 9,147 Sqft

Acres 0.21

Property Description

Seven-unit fully managed vacation rentals 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 fully equipped kitchen, dining area, plus living room- could be used as owner's quarters or keep as profitable rental; two units are 1-bedrooms with living room, and four 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, and concerts and events galore for year-round fun. Great blue-chip investment in prime downtown area. Please call for informational memorandum and to set up appointment for viewings subject to availability.

Location

State CA

County El Dorado, Ca

Zoning Tourist Core/Comm. Zoning

Interior

Interior Features Masonry, Sheet Rock

Heating Natural Gas, Fireplace, Forced Air, Wall Heater

Flooring Carpet, Ceramic Tile, Laminate, Sheet Vinyl, Vinyl Tile

Exterior

Exterior Feature Masonite

Fence Partial, Wood

Utilities Available Cable, City Sewer, Electricity, Natural Gas, Telephone, Water Meter Installed, City/County Water

Roof Type Asphalt,Flat

Total Parking Spaces 7

Building

Story 1 Story

Foundation Concrete/Crawl Space

Level or Stories 1 Story

Structure Type Masonry

Others

Tax ID 029081002000

SqFt Source 2920

Special Listing Condition None

Listed by Sierra Sotheby's Int'l. Realty

Jean Merkelbach

Private Office Advisor & License Partner | License ID: NV B.0012934 | CA 01129301

+1(775) 901-0704

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