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Property profile & analytics
OFF-MARKET
Hotels
681 Emerald Bay Rd South Lake Tahoe, CA 96150
Individually Owned
6-yr Hold
Free & Clear
Property ID
US09-3174191
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1946
Construction
WOOD
Total area
308 SF
Lot
1 ac (43,560 SF)
Zoning code
TC
APN
023-151-003-000
UPID
US09-3174191
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Laura Ortiz · 6 yrs held
Laura Ortiz
since 2019
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,962
Tax year 2023
Assessed value
$630,704
Assessed 2023
Previous assessed
$630,704
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$262,793
Assessed improvement
$367,911
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
1946
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
308 SF
Lot
1 ac (43,560 SF)
Zoning code
TC
APN
023-151-003-000
UPID
US09-3174191
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
1946
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Laura Ortiz
Individual
Free & Clear · 6 yrs held
Mailing address
2309 ELOISE AVE, SOUTH LAKE TAHOE, CA 96150-4315
Ownership since
2019
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 24, 2020
—
Jalaenos Taeria
—
Deed
related
$307,962 · Harvest Com'l Cap LLC
Dec 20, 2019
—
Laura Ortiz
Regulo U Rodriguez
Quit Claim Deed
related
—
Dec 20, 2019
$600,000
Laura Ortiz
Supplemental Nancy B Trust
Grant Deed
$307,962 · Harvest Com'l Cap LLC
Aug 19, 2009
$105,000
Brown,nancy Trust
Plm Lender Services INC
Trustees Deed
related
—
Jun 25, 2009
—
661 & 681 Emerald Bay Trust
Catron,linda S
Grant Deed
—
Nov 27, 2002
$1,250,000
Linda S Catron
Broche,seth O
Grant Deed
$900,000 · Redwood Mortgage Investors Vii
Jul 7, 2000
$83,000
Seth O Broche
Cole,hal & Frances
Grant Deed
related
$34,500 · Seller
Jul 7, 1997
$382,500
Cole,hal & Frances
Dolan,tim & Vicki
Trustees Deed
$284,646 · Individual
Jul 7, 1997
—
Dolan,tim & Vicki
Fair,carl
Trustees Deed
related
—
Jan 9, 1997
$225,000
Tim Dolan
Rustic Mountain Inn
Trustees Deed
—
—
—
Jalaenos Taeria
—
Deed Of Trust
related
$307,962 · Harvest Com'l Cap LLC
—
—
Seth O Broche
—
Deed Of Trust
related
$60,000 · Norman F & Virginia M Glenn
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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