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Property profile & analytics
FOR SALE
Hotels
1313 Emerald Bay Rd South Lake Tahoe, CA 96150
Entity Owned
6-yr Hold
Free & Clear
Property ID
US10-3148913
For Sale
1 / 11
$1,450,000
1313 Emerald Bay Rd, South Lake Tahoe, CA 96150
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1957
Construction
WOOD
Total area
4,872 SF
Lot
0.48 ac (20,908 SF)
Zoning code
TC
APN
032-221-001-000
UPID
US10-3148913
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$897k
Blend (final)
Blend
$1.24M
Owner & transaction history
Emerald Bay Residences LLC · 6 yrs held
Emerald Bay Residences LLC
since 2020
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
TC · South Lake Tahoe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs South Lake Tahoe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Lake Tahoe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,155,000
ML approach
$1,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10% · vs last sale $1.28M (Feb 4 2020)
Last sale anchor
$1.28M
Feb 4 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$253 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,614
Tax year 2023
Assessed value
$1,352,251
Assessed 2023
Previous assessed
$1,352,251
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$210,235
Assessed improvement
$1,142,016
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
For Sale
Year built
1957
Construction
WOOD
Heating
NONE
Stories
1
Units
13
Bathrooms
14
Total area
4,872 SF
Lot
0.48 ac (20,908 SF)
Zoning code
TC
APN
032-221-001-000
UPID
US10-3148913
Jurisdiction
EL DORADO
Zoning & alternative use
TC · South Lake Tahoe, CA
Zoning TC · permitted uses
TC · South Lake Tahoe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Lake Tahoe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
WOOD
Heating
NONE
Stories
1
Units
13
Bathrooms
14
Lot
0.48 ac
Current owner
From public records · entity-resolved
Emerald Bay Residences LLC
Entity
Free & Clear · 6 yrs held
Mailing address
936 EL CAJON WAY, PALO ALTO, CA 94303-3408
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2023
—
Emerald Bay Residences LLC
—
Deed
related
$500,000 · Davidson Revocable Trust
Feb 4, 2020
$1,275,000
Emerald Bay Residences LLC
Hines Sep Living Trust
Grant Deed
—
Dec 27, 2010
—
Avid Holdings LLC
Miller,richard
Quit Claim Deed
related
—
Dec 17, 2010
$290,000
Miller,richard
Guardian Properties LLC
Grant Deed
—
Dec 31, 2003
$53,000
Guardian Properties LLC
Kubel Avenue Trust
Grant Deed
$500,000 · Plumas Bank
Oct 15, 2003
—
Guardian Properties LLC
Mitchell,blake
Grant Deed
related
—
Aug 19, 2003
—
Black Mitchell
Mitchell,jo A
Quit Claim Deed
related
—
Aug 19, 2003
$373,500
Kubel Avenue Trust
B & C Publishing INC
Grant Deed
$220,580 · B & C Publishing INC
Oct 4, 2000
—
B & C Publishing INC
Goodwin,david L & Sheryl
Grant Deed
related
—
May 3, 1995
$290,000
David L Goodwin
Madreperl,warren & Arleen
Grant Deed
$245,000 · Butte Community Bank
Aug 16, 1993
$237,500
Warren Madreperl
Clayton Builders
Grant Deed
related
$71,000 · Clayton Builders I
May 25, 1990
$220,000
Bldrs In Clayton
Battles,forrest
Grant Deed
$155,000 · Seller
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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