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953 Park Avenue, South Lake Tahoe, CA 96150

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For Sale

$3,777,000

5,132 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $735.97
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

RARE. Seller will finance! Terms: 3 year term, interest rate 1st year 6%, 2nd yr. 8%, 3rd yr 9.7%. Motel property located in the best location in South Lake Tahoe. Walking distance to all casinos,Lake Tahoe and beaches, Edgewood golf course and Heavenly Valley Ski area gondola close by. Summer activities, entertainment, multiple restaurants, shopping, movies. Everything the traveler could want without needing a car. 13 hotel units plus 2 separate living units. The upstairs living unit could be another hotel rental unit with a kitchen, bedroom and living room. A savvy buyer could really increase the business. Rooms are in good condition and the motel is turn-key ready.
MLS# 137122

Courtesy Of RE/MAX Realty Today

(530) 541-0200

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Floor Covering
    Carpet
  • Lot Size
    0.21 Acres

Map and Directions

Directions to 953 Park Avenue, South Lake Tahoe, CA 96150

Home seller CENTURY 21 Cornerstone Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Cornerstone Realty

(530) 268-2250
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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