Motel with Separate Living
For Sale
$3,777,000
953 Park Avenue, South Lake Tahoe, CA 96150
Motel property with hotel accommodations and separate residential units near South Lake Tahoe attractions.
Property Size5,132 SF
Price / SF$735.97
Days on Market872
Property Features for 953 Park Avenue
General Information
Standard status
Active
Size
5,132 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1959
Listing Agency:
RE/MAX Gold - SLT
(530) 545-0811
Listed By:
Lloyd Aronoff · License #00498929
(530) 545-0811
Source:
Exitrealty
Added: Mar 21, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Gold - SLT
Investment Insights
Based on property information with market context.
The property is a motel with 13 hotel units and two separate living units. Rooms are described as being in good condition, and the property was built in 1959. One upstairs living unit includes a kitchen, bedroom, and living room, providing additional configuration within the existing improvements.
The motel is located on Park Avenue in South Lake Tahoe, within walking distance of casinos, Lake Tahoe and beaches, Edgewood golf course, restaurants, shopping, and movies. The Heavenly Valley Ski area gondola is also described as being close by, placing seasonal recreation and entertainment nearby.
The motel is located on Park Avenue in South Lake Tahoe, within walking distance of casinos, Lake Tahoe and beaches, Edgewood golf course, restaurants, shopping, and movies. The Heavenly Valley Ski area gondola is also described as being close by, placing seasonal recreation and entertainment nearby.
Key Highlights
- 13 hotel units plus 2 separate living units
- Upstairs living unit includes a kitchen, bedroom, and living room
- Rooms described as being in good condition
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 96150, CA
29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- South Lake Tahoe — 3748 larch ave, south lake tahoe, ca 96150
- Tommy Tee's Forest Cottage — 3600 Forest Ave, South Lake Tahoe, CA 96150
- Whispering Pines Apartments — 1130 Keller Rd, South Lake Tahoe, CA 96150
- Paradise Cabin — 3624 Paradise Ave, South Lake Tahoe, CA 96150
- Alder Inn — 1072 Ski Run Blvd, South Lake Tahoe, CA 96150
Frequently Asked Questions
What type of property is this?
Motel - Motel property with hotel accommodations and separate residential units near South Lake Tahoe attractions.
Where is this motel located?
The property is located at 953 Park Avenue South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $3,777,000.
What are key features of this property?
This property features: 13 hotel units plus 2 separate living units; Upstairs living unit includes a kitchen, bedroom, and living room; Rooms described as being in good condition
