Financial
Distress signals
Property profile

965 Park Ave South Lake Tahoe, CA 96150

FOR SALE
Hotels
Property ID
US10-2609170
2,597 SF 0.5 ac lot Built 1972
Last sale Sep 2015 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 0.49-acre parcel, located at 965 Park Ave in South Lake Tahoe, California (APN 029 064 071), presents a remarkable mixed-use development opportunity. Zoned TC, this approximately 21,220 square foot lot is situated in the heart of the Tourist Core Area, offering unparalleled access to South Lake Tahoe's vibrant tourism sector. The property boasts existing Class 7 coverage of approximately 15,657 square feet, allowing for 21 Tourist Accommodation Units (TAUs) and approximately…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$341k
Assessed land$228k
Assessed improvement$114k
Effective rate1.11%

Value estimate

· Sep 2026
$335k
$302k – $369k
AI approach$335k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$319/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$184 – $452

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TC
JurisdictionEL DORADO

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.9
Plumbing Service8.9
Furniture Store8.7

Location

965 Park Ave South Lake Tahoe, CA 96150
County assessor Recorded deeds · 15 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
953 Park, South Lake Tahoe, CA 96150-6939 $1,900,000 Aug 2025 5,132 SF
4085 Pne, South Lake Tahoe, CA 96150-7084 $465,000 Mar 2025 3,820 SF
3918 Pioneer, South Lake Tahoe, CA 96150-8810 $3,140,000 Mar 2024 5,294 SF
2748 Young, South Lake Tahoe, CA 96150-4511 $1,050,000 May 2023 3,424 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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