3330 Lake Tahoe Blvd South Lake Tahoe, CA 96150
Property profile & analytics
3330 Lake Tahoe Blvd South Lake Tahoe, CA 96150
- Retail space
- 14,600 SF
- 1.27 lot acres
Property ID
US09-0688133
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- South Lake Tahoe Denture Clinic / Dental Office
- Huckaby Robert / Law Firm
- Cobbler by the Lake / (Bike/Boat/Book/etc) Store
- Ha Noi Pho / Restaurant
- Health and Supplement Insurance Services / Insurance Agency
Property Details for 3330 Lake Tahoe Blvd
- Year built
- 1962
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.27 lot acres
- Property size
- 14,600 SF
- Zone code
- GC
- Property type
- Retail space
- APN
- 027-361-004-000
- APU
- 27361004000
Description
Lakeview Plaza, a 14,600 square foot retail strip center in South Lake Tahoe, California, is offered at $4,250,000. This fee-simple property, located at 3330 Lake Tahoe Blvd (APN 027-361-004-000), sits on a 1.27-acre lot across from Lake Tahoe. The Class C center features twelve occupied retail units, providing immediate cash flow. All leases are modified and below market rate, presenting significant upside potential upon renewal or re-leasing. The current zoning (GC) allows for up to 40 hotel units and 15 multi-family units per acre, with a potential increase to 65 multi-family units per acre anticipated by Fall 2025. The property's size could also support approximately 48 Residential Units of Use (RUU) or Tourist Accommodation Units (TAU), or up to 72 Multifamily Units of Use (MFERUU). This prime location offers high visibility and accessibility in a high-traffic area with stunning lake views. The diverse tenant mix ensures a strong customer base. The property's location in El Dorado County, CA, zip code 96150, makes it an attractive investment opportunity. Each lease includes a termination on sale clause, allowing for immediate repositioning upon acquisition. Built in 1962, this property presents a compelling redevelopment opportunity with substantial upside.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,460,000
- 6.5%
- $3,195,000
- 7%
- $2,970,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,823,000
Market price range: $1.82M - $5.77M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $3,645,000 Current use
- RESTAURANT
- $3,990,000 Change: +9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Lake Tahoe
- County
- El Dorado
- State
- California
- Longitude
- -119.971
- Latitude
- 38.9454
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,622
$482,909
$845,092
$1,328,001
-
$0.00
$0.00
$0.00
