3820 3824 PENTAGON Drive South Lake Tahoe CA 96150 MLS #141268

Welcome to the La Paz Apartments – 10 Units located in the Tourist Core Area Plan! Adjacent to a conservancy lot, walking distance to restaurants, and only 0.6 miles to Heavenly Village, the Gondola, Stateline Casinos and more. A superb blend of 8 Two Bedroom/One Bathroom units and 2 One Bedroom/One Bathroom units with onsite laundry facilities, storage, and dedicated on-site parking. This offering presents a rare opportunity due to the location to convert this multifamily property into transient lodging with the acquisition of the required number Tourist Accommodation Units. Post conversion to an all-suite motel near Stateline with strong tourism demand makes this an interesting investment opportunity with steady cash flow during the entitlement process. Currently the property has 100% occupancy, with long-term tenants in place and strong rental demand. All information, square footage, and number of units of The La Paz Apartments is the combination of both 3820 and 3824 Pentagon Drive on 2 APN’s and is deemed reliable but not guaranteed. Please do not disturb the tenants. All tours must be scheduled in advance. Call today for more information.