1 Davenport Ave, Davenport, CA 95017
This exceptional 9-key hotel and restaurant, situated on a 0.87-acre lot in Davenport, CA (95017), presents a compelling investment opportunity. Built in 1977 and boasting a two-story structure, this property is zoned for commercial use and offers multiple revenue streams. Located along the scenic California coastline, approximately nine miles north of Santa Cruz, it benefits from a high barrier-to-entry market. The property's independent operation allows for flexibility and control, unlike branded hotels. This recently renovated asset offers a significant discount to replacement cost, making it an attractive acquisition for discerning investors. The property's APN is 058-082-26-000. The asking price is $3,800,000. This is a unique chance to own a thriving coastal hospitality business with significant upside potential. The property is unencumbered by brand affiliations or management contracts. This allows for maximum operational flexibility and control. The property's location in a high barrier-to-entry market ensures long-term value and stability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.