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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Hotels
4123 Manzanita Ave South Lake Tahoe, CA 96150-6919
Entity Owned
~
Est. High Equity
Property ID
US10-3125314
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1972
Construction
WOOD
Total area
10,710 SF
Lot
0.46 ac (20,037 SF)
Zoning code
TC
APN
029-041-059-000
UPID
US10-3125314
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
$1.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
4127 Pine Blvd LLC
4127 Pine Blvd LLC
since 2026
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,090,000
6.5%
$1,005,000
7%
$935,000
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$85 / 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
$9,028
Tax year 2023
Assessed value
$797,416
Assessed 2023
Previous assessed
$797,416
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$284,059
Assessed improvement
$513,357
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
1972
Construction
WOOD
Heating
NONE
Stories
2
Units
30
Rooms
33
Bathrooms
32
Total area
10,710 SF
Lot
0.46 ac (20,037 SF)
Zoning code
TC
APN
029-041-059-000
UPID
US10-3125314
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
1972
Construction
WOOD
Heating
NONE
Stories
2
Units
30
Rooms
33
Bathrooms
32
Lot
0.46 ac
Current owner
From public records · entity-resolved
4127 Pine Blvd LLC
Entity
Mailing address
4127 PNE BLVD, SOUTH LAKE TAHOE, CA 96150-6942
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2026
—
4127 Pine Blvd LLC
Singh Mand
Grant Deed
—
Sep 18, 2019
—
Kuldeep Singh Mand
Mand INC
Grant Deed
$4,500,000 · State Bank Of India (california)
Dec 21, 2016
—
Kuldeep S Mand
—
Deed
related
$614,000 · State Bk/india
May 21, 2013
$676,000
Mand INC
Kent Liang
Grant Deed
$450,000 · Rm Holdings LLC
Aug 31, 2012
$400,000
Liang,kent
Majidi,john
Grant Deed
—
Aug 29, 2012
$349,900
Majidi,john
Stewart Default Services
Trustees Deed
related
—
Mar 16, 2006
$1,100,000
Tsai Liang Chin
Henry G Lescher
Grant Deed
$750,000 · Interbusiness Bank NA
Oct 20, 2000
$158,000
Seth O Broche
Lescher,henry G & Karen S
Grant Deed
—
May 16, 2000
$630,000
Lescher,henry G & Karen S
Persson,robert A & Eleanor J
Trustees Deed
$319,000 · Zions First National Bank
May 5, 1989
$802,000
Susco INC
Lee,june
Trustees Deed
related
—
—
—
Henry G Lescher
—
Deed Of Trust
related
$229,000 · Edf Resource Capital INC
—
—
Robert A Persson
—
Deed Of Trust
related
—
—
—
Robert A Persson
—
Deed Of Trust
related
$276,500 · Lee June
—
—
Kuldeep S Mand
—
Deed Of Trust
related
$614,000 · State Bk/india
—
—
Kuldeep S Mand
—
Deed Of Trust
related
$900,000 · State Bk/india
—
—
Lescher,henry G & Karen S
—
Deed Of Trust
related
$45,000 · Donald Munoz
—
—
Kuldeep S Mand
—
Deed Of Trust
related
$2,665,000 · State Bk/india
—
—
Robert A Persson
—
Deed Of Trust
related
$18,350 · Individual
—
—
Mand INC
—
Deed Of Trust
related
$2,665,000 · State Bk/india
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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