3994 Pine Boulevard Active

South Lake Tahoe,CA 96150

$ 2280000

0 Bed

0 Bath

2920 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,920 sqft

Price per Sqft $780

MLS Listing ID 140434

Year Built 1947

Lot Size 9,148 Sqft

Acres 0.21

Property Description

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.

Location

State CA

County El Dorado

Area Stateline

Zoning Other/See Remarks

Rooms

Other Rooms Three or More

Interior

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

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

Flooring Carpet,Heavy Duty,Other/See Remarks

Exterior

Exterior Feature Other/See Remarks

Utilities Available ElectricityAvailable,City Sewer,NaturalGasAvailable,Cable TV,Telephone,City Water

Roof Type Composition,Other

Building

Story One

Foundation Concrete/Crawl Space,Slab,Other

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