4133 Cedar Ave | South Lake Tahoe, CA 96150
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4133 Cedar Ave
South Lake Tahoe, CA 96150
Blue Jay Lodge · Hospitality Property For Sale · 15,224 SF
Investment Highlights
- 41 unit remodeled motel on a .69 acre parcel situated across from from the 11 acre mixed use development site called Chateau at Lake Tahoe.
- Situated in the Tourist Core of South Lake Tahoe and a federally designated Opportunity Zone.
- Property has recently had an $800,000 renovation allowing new operator to improve on rates and income in an upward trending market.
- Within walking or shuttle distance from Edgewood Golf Course and Resort, Marina, Heavenly Ski Resort and Village, casinos, and shopping.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1959/2022 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.69 AC | Parking Ratio | 2.69/1,000 SF |
| Building Size | 15,224 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 15,224 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2022 |
| Tenancy | Single |
| Parking Ratio | 2.69/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 029-051-019-000 | Improvements Assessment | $5,131,690 |
| Land Assessment | $2,142,000 | Total Assessment | $7,273,690 |
PROPERTY TAXES
Parcel Number
029-051-019-000
Land Assessment
$2,142,000
Improvements Assessment
$5,131,690
Total Assessment
$7,273,690
zoning
| Zoning Code | TC |
| TC |
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