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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Hotels
1 Ponto Rd 12 Carlsbad, CA 92011-4620
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9749118
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2012
Total area
9,999 SF
Lot
5.45 ac (237,402 SF)
Zoning code
COMMERCIAL
APN
214-160-37-00
UPID
US09-9749118
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
1 Ponto Road Parking Parking Lot & Garage
-
Surf Ride Boardshop (Bike/Boat/Book/etc) Store
-
Carlsbad Advanced Wellness (inside Ocean Crest Spa) Spa & Massage Center Alternative Medicine Practice
-
Chandler's Oceanfront Dining Restaurant
-
Cape Rey Carlsbad Beach, a Hilton Resort and Spa Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$932k
Blend (final)
Blend
$880k
Owner & transaction history
Wave Crest Oceanfront LLC · 16 yrs held
Wave Crest Oceanfront LLC
since 2010
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Carlsbad, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carlsbad submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carlsbad submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$985,000
7%
$915,000
Blend value · Realmo final
$880k
Range $792k – $968k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$88 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$610,050
Tax year 2024
Assessed value
$57,380,298
Assessed 2024
Previous assessed
$57,380,298
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$11,503,534
Assessed improvement
$45,876,764
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2012
Heating
NONE
Units
215
Total area
9,999 SF
Lot
5.45 ac (237,402 SF)
Zoning code
COMMERCIAL
APN
214-160-37-00
UPID
US09-9749118
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Carlsbad, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Carlsbad, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carlsbad. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Heating
NONE
Units
215
Lot
5.45 ac
Current owner
From public records · entity-resolved
Wave Crest Oceanfront LLC
Entity
Mailing address
829 2ND ST STE A, ENCINITAS, CA 92024-4470
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2024
—
Wave Crest Oceanfront LLC
—
Deed
related
$92,500,000 · Metlife Real Estate Lending LLC
May 26, 2021
—
Wave Crest Oceanfront LLC
—
Deed
related
$37,500,000 · Snowslope Investments LLC
Mar 22, 2018
—
Wave Crest Oceanfront LLC
—
Loan Modification
related
$60,000,000 · Ponto Dr Hotel Cap LLC
Jul 27, 2016
—
Wave Crest Oceanfront LLC
—
Deed
related
$60,000,000 · Ponto Dr Hotel Cap LLC
Apr 15, 2010
—
Wave Crest Oceanfront LLC
Wave Crest Resorts II LLC
Quit Claim Deed
related
—
—
—
Wave Crest Oceanfront LLC
—
Loan Modification
related
$62,000,000 · Ponto Dr Hotel Cap LLC
—
—
Wave Crest Oceanfront LLC
—
Deed Of Trust
related
$60,000,000 · Ponto Drive Hotel Capital LLC
—
—
Wave Crest Oceanfront LLC
—
Loan Modification
related
$60,000,000 · Ponto Dr Hotel Cap LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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