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2440 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150

$1,500,000

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  • For Sale
  • Active
  • Commercial Residential Facility
  • 5,284 Sq. Ft.
  • 0.36 Acres

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2440 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150View this property at 2440 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150
2440 Lake Tahoe BoulevardSouth Lake TahoeCA96150
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Property Description
Highway frontage hotel on corner lot across from Trout Creek meadow. 130 feet on the highway. 17 units (one of the units is a 2 story,2 bedroom, 1 bath with living room and kitchen). Extensive remodeling work scheduled to be done this summer 2020. New roof, parking lot, ADA room, windows, floors, electrical, etc is going to be done included at this price. Presently rented as a SRO (single room occupancy) monthly rental, however there are still some SRO requirements pending with the City of South Lake Tahoe and certificate has not been issued yet. Each room has a mini kitchen with sink, refrigerator, microwave. Sunny location with great views of meadow and mountains.

Full Property Details for 2440 Lake Tahoe Blvd

General

  • Price: $1,500,000
  • Status: Active
  • Type: Commercial Residential Facility
  • MLS ID: 130666
  • Updated: 2/1/2021
  • Added: 683 day(s) ago

Business

  • Name: Nickelodeon Motel

Interior

  • Flooring: Carpet

Rooms

Bathrooms

  • Restrooms: Three or More

Exterior

  • Exterior Features: Land Included

Location

  • Area: Tahoe-Sierra
  • County: El Dorado
  • Cross Streets: River Dr.
  • Driving Directions: Motel is on Highway 50 and the corner of River Dr.

Heating & Cooling

  • Heating Type: Natural Gas, Wall or Space Heater
  • Water Heater: Natural Gas

Utilities

  • Utility Description: ElectricityAvailable, City Sewer, NaturalGasAvailable, Cable TV, City Water

Structural Information

  • Construction: Wood Frame
  • Foundation: Concrete/Masonry
  • Roof: Composition, Shingle
  • Windows: Single Pane, Double Pane
  • Windows/Doors: Single Pane, Double Pane
  • Wiring: 110 Volts
  • Stories/Levels: One,Two
  • Square Feet: 5,284
  • Current Bldg. Use: Hotel/Motel
  • Year Built: 1951

Lot Features

  • Lot Size (Acres): 0.36
  • Lot Size (Sq. Ft.): 15,725
  • Lot Size Source: (Tax Data)
  • Zoning: Commercial

Financial Considerations

  • Price Per Acre: $4,155,124.65
  • Tenant Pays: Nothing

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NMLS#: 1598647

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Schools

Schools serving 2440 Lake Tahoe Blvd

School District:Lake Tahoe Unified School District
Score
Name
Grades
Distance
4
Tahoe Valley Elementary School
943 Tahoe Island Dr, S Lake Tahoe, CA 96150
K-5
0.8 mi
4
South Tahoe Middle School
2940 Lake Tahoe Blvd, S Lake Tahoe, CA 96150
6-8
1.2 mi
5
South Tahoe High School
1735 Lake Tahoe Blvd, S Lake Tahoe, CA 96150
9-12
1.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 2440 Lake Tahoe Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/04/2020
Price Increased
$1,500,000
25%
MLS
4/18/2019
Listed
$1,200,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History

Tax History for 2440 Lake Tahoe Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2017
$6,875
29%
$593,000
36%
2016
$5,330
1%
$434,921
2%
2015
$5,256
1%
$428,391
-2%
2013
$5,199
2%
$436,359
-4%
2012
$5,105
4%
$454,388
5%
2010
$4,911
—
$434,402
—
2009
$4,911
46%
$434,402
46%
2008
$3,371
—
$297,353
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 2440 Lake Tahoe Blvd

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Recent Sales near 2440 Lake Tahoe Blvd

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2440 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 (MLS# 130666) is a Commercial Residential Facility property. 2440 Lake Tahoe Boulevard is currently listed for $1,500,000 and was received on April 18, 2019. Want to learn more about 2440 Lake Tahoe Boulevard? Do you have questions about finding other Commercial Residential Facility real estate for sale in South Lake Tahoe? You can browse all South Lake Tahoe real estate or contact a Coldwell Banker agent to request more information.

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