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3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
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3994 Pine Blvd
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3994 Pine Blvd
3994 Pine Blvd
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3994 Pine Blvd
3994 Pine Blvd
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3994 Pine Blvd
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3994 Pine Blvd
3994 Pine Blvd
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3994 Pine Blvd
3994 Pine Blvd
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3994 Pine Blvd
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3994 Pine Blvd
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3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
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3994 Pine Blvd
3994 Pine Blvd
3994 Pine Blvd
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$2,280,000

3994 Pine Blvd

2,920 Sq.Ft.

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.

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Location

3994 Pine Blvd, South Lake Tahoe, CA, CA 96150

Status

For Sale
Jenny  L. Johnson

Jenny L. Johnson

TITLE

President | Broker

PHONE

775.691.4382

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Property Amenities

View additional property information below.
Interior
Flooring Ceramic Tile, Carpet, Laminate, Sheet Vinyl, Vinyl Tile
Other Interior Features Masonry, Sheet Rock
Area & Lot
Lot Area 9,147.6 Sq.Ft.
Living area 2,920 Sq.Ft.
MLS® ID 240009076
Year Built 1947
High School El Dorado, CA
Type Commercial
Status For Sale
Exterior
Stories 1
Air conditioning Natural Gas, Fireplace, Forced Air, Wall Heater
Heat type Natural Gas, Fireplace, Forced Air, Wall Heater
Security Features Partial, Wood
Other Exterior Features Masonite
Parking 7
Roof Asphalt, Flat
Utilities Cable, City Sewer, Electricity, Natural Gas, Telephone, Water Meter Installed, City/County Water
Finance
Sales Price $2,280,000

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