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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Hotels
105 Main St Newport Beach, CA 92661-4417
Entity Owned
28-yr Hold
~
Est. High Equity
Property ID
US09-2050320
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1930
Total area
24,316 SF
Lot
0.29 ac (12,830 SF)
APN
048-135-07
UPID
US09-2050320
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
-
Pure CDB Evolution Big Box & Wholesale Store
-
Balboa Inn Hotel & Motel Resort
-
Seaside Bike Rentals Cycling Facility (Bike/Boat/Book/etc) Store
-
Main Street Surf Shop (Bike/Boat/Book/etc) Store
-
Transformation, LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$1.75M
Owner & transaction history
Balboa Inn LLC · 28 yrs held
Balboa Inn LLC
since 1998
7 recorded transactions
Zoning & alternative use
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 Newport Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±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
$72 / 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
$75,145
Tax year 2024
Assessed value
$6,304,148
Assessed 2024
Previous assessed
$6,304,148
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$3,011,970
Assessed improvement
$3,292,178
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1930
Heating
NONE
Stories
3
Units
32
Total area
24,316 SF
Lot
0.29 ac (12,830 SF)
APN
048-135-07
UPID
US09-2050320
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Stories
3
Units
32
Lot
0.29 ac
Current owner
From public records · entity-resolved
Balboa Inn LLC
Entity
Mailing address
105 MAIN ST, NEWPORT BEACH, CA 92661-4417
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2016
—
Balboa Inn LLC
—
Deed
related
$7,700,000 · Grandpoint Bk
Jun 18, 2003
—
Balboa Inn LLC
—
Grant Deed
related
$1,500,000 · First Commerce Bank
Oct 31, 2002
—
Balboa Inn LLC
—
Trustees Deed
related
$5,800,000 · First Commerce Bank
Jun 30, 1998
$1,150,000
Balboa Inn LLC
Pourmussa,michel
Grant Deed
$4,300,000 · Imperial Thrift & Loan
May 29, 1992
—
James R Damavandi
Damavandi,james
Quit Claim Deed
related
$181,053 · Sumitomo Bank
Nov 17, 1989
$1,500,000
Westlake Village
Hollywood Center
Trustees Deed
related
—
Nov 17, 1989
$3,356,000
Pourmussa Michel
Wang Chien S
Trustees Deed
related
—
—
—
Balboa Inn LLC
—
Loan Modification
related
$250,000 · Grandpoint Bk
—
—
Balboa Inn LLC
—
Loan Modification
related
—
—
—
Balboa Inn LLC
—
Deed Of Trust
related
$6,842,520 · Grandpoint Bank
—
—
Balboa Inn LLC
—
Loan Modification
related
$7,700,000 · Grandpoint Bk
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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