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Property profile & analytics
OFF-MARKET
Estimated value
$4,725,000
Hotels
1011 Pacific Coast Hwy Wilmington, CA 90744-2423
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7592815
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1960
Construction
WOOD
Total area
1,820 SF
Lot
0.12 ac (5,130 SF)
Zoning code
LAC2
APN
7414-024-025
UPID
US09-7592815
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.73M
Owner & transaction history
Vipul Rajinkant Parmar · 4 yrs held
Vipul Rajinkant Parmar
since 2021
Last sale
$4.5M
4 recorded transactions
Zoning & alternative use
LAC2 · Wilmington, 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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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
$5,160,000
ML approach
$4,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.73M
Range $4.25M – $5.20M · ±10% · vs last sale $4.53M (Sep 16 2021)
Last sale anchor
$4.53M
Sep 16 2021
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
$2,596 / 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
$14,879
Tax year 2024
Assessed value
$1,199,061
Assessed 2024
Previous assessed
$1,199,061
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$309,519
Assessed improvement
$889,542
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
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Bathrooms
3
Total area
1,820 SF
Lot
0.12 ac (5,130 SF)
Zoning code
LAC2
APN
7414-024-025
UPID
US09-7592815
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Wilmington, CA
Zoning LAC2 · permitted uses
LAC2 · Wilmington, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Stories
1
Units
3
Bathrooms
3
Lot
0.12 ac
Current owner
From public records · entity-resolved
Vipul Rajinkant Parmar
Individual
Mailing address
21830 VENTURA BLVD, WOODLAND HILLS, CA 91364-1837
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2021
$4,525,000
Vipul Rajinkant Parmar
Min Liou Cheng
Grant Deed
$2,700,000 · Cunningham Lain
Aug 20, 2020
—
Liou,c J & Y Y Living Trust
Yueh Y Liou
Affidavit Of Death
—
Feb 3, 2020
—
Yueh Y Liou
Chuh J Liou
Affidavit Of Death
—
Mar 10, 1972
—
—
—
Grant Deed
related
—
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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