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Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Apartment buildings
2225 Lk Blvd, Tahoe City, CA 96145-2306
Individually Owned
5-yr Hold
Property ID
US09-9033499
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1930
Construction
WOOD
Total area
6,161 SF
Lot
1.6 ac (69,696 SF)
Zoning code
LDR
APN
084-110-003-000
UPID
US09-9033499
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.01M
Owner & transaction history
Edward T Kriston · 5 yrs held
Edward T Kriston
since 2021
7 recorded transactions
Zoning & alternative use
LDR · Tahoe City, 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 Tahoe City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tahoe City 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10%
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
$164 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$17,744
Tax year 2024
Assessed value
$1,208,861
Assessed 2024
Previous assessed
$1,208,861
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$814,330
Assessed improvement
$394,531
Applied tax rate
91.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
NONE
Units
8
Bathrooms
6
Total area
6,161 SF
Lot
1.6 ac (69,696 SF)
Zoning code
LDR
APN
084-110-003-000
UPID
US09-9033499
Jurisdiction
PLACER
Zoning & alternative use
LDR · Tahoe City, CA
Zoning LDR · permitted uses
LDR · Tahoe City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tahoe City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
NONE
Units
8
Bathrooms
6
Lot
1.6 ac
Current owner
From public records · entity-resolved
Edward T Kriston
Individual
Mailing address
PO BOX 343, HOMEWOOD, CA 96141-0343
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2021
—
Edward T Kriston
Bear Creek West LLC
Grant Deed
$505,000 · Guaranteed Rate INC
Apr 19, 2012
—
Bear Creek West LLC
Kriston,edward T & Sarina P
Grant Deed
—
Dec 31, 2002
$850,000
Edward T Kriston
Topper,richard & Miclele
Grant Deed
$627,500 · Indymac Bank Fsb
Feb 23, 1999
$499,000
Richard F Topper
Kolos,david J & Carol E
Grant Deed
$200,000 · Seller
Jul 22, 1994
$265,000
David J Kolos
Molakides Trust
Grant Deed
$238,500 · Seller
Jul 2, 1991
$350,000
James Molakides
Kings,retreat In
Grant Deed
$300,000 · Pacific Southwes
—
—
Richard F Topper
—
Deed Of Trust
related
$357,000 · Nevada Banking Co
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.
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