3831 PENTAGON DR, South Lake Tahoe, CA 96150

Building Details

Year Built

1961

Listing agent Bob Khalsa License #CA 01340077

Listing office United America Realty

Listing date May 29, 2026

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of United America Realty

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Overview

3831 Pentagon Road is a two-story multifamily property totaling approximately 7,532 square feet, built on a 0.23-acre (10,019-square-foot) parcel. The building includes 15 residential units and is positioned as an established rental asset within the City of South Lake Tahoe, with service provided by the South Tahoe Public Utility District.

The property is centrally located in South Lake Tahoe, just over one-third of a mile from the shores of Lake Tahoe. It is described as minutes from Heavenly Village, the Stateline casino area, major retail and dining, entertainment, transit, and year-round recreation, supporting walkable access to in-town amenities and visitor corridors.

For buyers seeking a multifamily investment, the asset’s Tourist Center Mixed-Use (TSC-MU) zoning is a key differentiator. The TSC-MU designation is noted as flexible and may support a broad range of residential, commercial, hospitality, and mixed-use possibilities, which can align with continued multifamily operation or redevelopment and repositioning strategies. Overall, the combination of an existing 15-unit building, central location, and flexible zoning offers a practical platform for ownership in South Lake Tahoe’s resort market.

Suggested Use

Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Restaurant Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

South Lake Tahoe

County

El Dorado

State

California

Longitude

-119.94883

Latitude

38.950752

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FAQs

What type of property is this?

Apartment building - Apartment building with flexible TSC-MU zoning near Lake Tahoe and major resort destinations.

Where is this apartment building located?

The property is located at 3831 PENTAGON DR South Lake Tahoe, CA.

What is the asking price?

The asking price for this property is $2,382,000.

What are key features of this property?

This property features: 15‑unit, two‑story apartment building totaling approximately 7,532 SF; 0.23‑acre (10,019 SF) parcel in the City of South Lake Tahoe; TSC‑MU (Tourist Center Mixed‑Use) zoning allowing a broad range of residential, commercial, hospitality, and mixed‑use possibilities