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Property profile & analytics
OFF-MARKET
Estimated value
$5,180,000
Hotels
4083 Cedar Ave, South Lake Tahoe, CA 96150-6979
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-2023382
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1963
Construction
WOOD
Total area
22,751 SF
Lot
0.86 ac (37,461 SF)
Zoning code
TC
APN
029-052-019-000
UPID
US10-2023382
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
Current use
Occupant on record · Public records
-
Big Pines Mountain House of Tahoe Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.99M
Blend (final)
Blend
$5.18M
Owner & transaction history
Fenoz LLC · 5 yrs held
Fenoz LLC
since 2020
Last sale
$5.3M
6 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
$4,755,000
ML approach
$5,455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,260,000
Current use
RESTAURANT
$6,220,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$5.18M
Range $4.66M – $5.70M · ±10% · vs last sale $5.25M (Jul 16 2020)
Last sale anchor
$5.25M
Jul 16 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
$228 / 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
$47,440
Tax year 2023
Assessed value
$4,373,187
Assessed 2023
Previous assessed
$4,373,187
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,065,109
Assessed improvement
$3,308,078
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
Off-Market
Year built
1963
Construction
WOOD
Heating
NONE
Stories
2
Units
59
Bathrooms
60
Total area
22,751 SF
Lot
0.86 ac (37,461 SF)
Zoning code
TC
APN
029-052-019-000
UPID
US10-2023382
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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$7.3M
RESTAURANT
Est. value
$6.2M
HOTEL/MOTEL Current
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Stories
2
Units
59
Bathrooms
60
Lot
0.86 ac
Current owner
From public records · entity-resolved
Fenoz LLC
Entity
Mailing address
920 STATELINE AVE, SOUTH LAKE TAHOE, CA 96150-6913
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2020
$5,250,000
Fenoz LLC
Big Pines Mountain House LLC
Grant Deed
$1,265,000 · Pinnacle Bank
Aug 29, 2008
—
Big Pines Mountain House LLC
Denver Fund I Ltd
Grant Deed
—
Nov 1, 2007
$2,412,500
Denver Fund I Ltd
Big Pines Mountain House LLC
Grant Deed
—
Aug 4, 2006
$3,025,000
Big Pines Mountain House LLC
Valhalla Ents
Grant Deed
$3,675,000 · First Independent Bk/nv
Jul 29, 1994
—
Valhalla Enterprise
Royal Valhalla E
Quit Claim Deed
related
—
Feb 13, 1973
—
—
—
Grant Deed
related
—
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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