Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,015,000
Motels
100 Ocean Vw Ave Pismo Beach, CA 93449-2633
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1784375
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1984
Construction
TILT-UP CONCRETE
Total area
67,889 SF
Lot
1.11 ac (48,351 SF)
Zoning code
R4
APN
005-161-032
UPID
US09-1784375
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
-
SeaVenture Beach Hotel Hotel & Motel
-
SeaVenture Restaurant Restaurant
-
WorldMark Pismo Beach Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.43M
Comparable Approach
Comparable
$6.62M
Blend (final)
Blend
$9.02M
Owner & transaction history
Seaventure Resort LLC · 18 yrs held
Seaventure Resort LLC
since 2007
7 recorded transactions
Zoning & alternative use
R4 · Pismo Beach, 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 Pismo Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pismo Beach 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
by Request
CAP Approach
CAP Return
Estimation
6%
$10,215,000
6.5%
$9,430,000
7%
$8,755,000
Blend value · Realmo final
$9.02M
Range $8.11M – $9.92M · ±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
$133 / 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
$139,851
Tax year 2024
Assessed value
$12,671,106
Assessed 2024
Previous assessed
$12,671,106
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$5,165,898
Assessed improvement
$7,505,208
Applied tax rate
4.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Rooms
4
Bathrooms
2
Total area
67,889 SF
Lot
1.11 ac (48,351 SF)
Zoning code
R4
APN
005-161-032
UPID
US09-1784375
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
R4 · Pismo Beach, CA
Zoning R4 · permitted uses
R4 · Pismo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pismo Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Rooms
4
Bathrooms
2
Lot
1.11 ac
Current owner
From public records · entity-resolved
Seaventure Resort LLC
Entity
Mailing address
285 BRG ST, SAN LUIS OBISPO, CA 93401-5510
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2018
—
Seaventure Resort LLC
—
Deed
related
$9,199,900 · Central Vly Cmnty Bk
Aug 10, 2007
—
Seaventure Resort LLC
Sea Ventures Resort LLC
Grant Deed
$8,000,000 · Telesis Community Cu
Mar 1, 2007
—
Sea Venture Resort LLC
—
Trustees Deed
related
$4,500,000 · Kinecta FCU
Nov 7, 2006
—
Sea Venture Resort LLC
—
Trustees Deed
related
$4,500,000 · Kinecta FCU
Apr 25, 1995
—
John E King
Seaventure Pacific
Grant Deed
related
—
May 13, 1994
—
Lee Artman
Seaventure Pacif
Grant Deed
related
—
Apr 6, 1994
—
King,john E & Carole D
Artman,lee
Trustees Deed
related
—
Jan 12, 1993
$1,200,000
Lee Artman
Hunter Group
Grant Deed
related
—
—
—
Seaventure Resort LLC
—
Loan Modification
related
$9,199,900 · Central Vly Cmnty Bk
—
—
Sea Venture Resort LLC
—
Deed Of Trust
related
$4,700,000 · Kinecta FCU
—
—
Seaventure Resort LLC
—
Deed Of Trust
related
$4,850,000 · National Hospitality LLC
—
—
Sea Venture Resort LLC
—
Deed Of Trust
related
$5,100,000 · Belgravia Capital Corp
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 100 Ocean Vw Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
