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Property profile & analytics
OFF-MARKET
Estimated value
$3,250,000
Hotels
108 Marilla Ave Avalon, CA 90704-2858
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6924565
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1961
Construction
TILT-UP CONCRETE
Total area
8,140 SF
Lot
0.13 ac (5,834 SF)
Zoning code
AVC1*
APN
7480-019-012
UPID
US09-6924565
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
$3.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.58M
Blend (final)
Blend
$3.25M
Owner & transaction history
Avalon Bay Real Estate LLC · 2 yrs held
Avalon Bay Real Estate LLC
since 2024
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
AVC1* · Avalon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.3M
+54.7%
Neighborhood: shopping center
$5.0M
+44.6%
Auto repair, garage
$3.8M
+9.9%
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 Avalon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avalon 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
$3,250,000
ML approach
$3,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,425,000
Current use
RESTAURANT
$5,300,000
Change: +55% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,955,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,765,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$3,700,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$3,650,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$3,120,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$3.25M
Range $2.93M – $3.58M · ±10% · vs last sale $3.25M (May 17 2024)
Last sale anchor
$3.25M
May 17 2024
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
$399 / 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
$52,129
Tax year 2024
Assessed value
$2,955,420
Assessed 2024
Previous assessed
$2,955,420
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$2,462,853
Assessed improvement
$492,567
Applied tax rate
5.0000
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
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
12
Bathrooms
1
Total area
8,140 SF
Lot
0.13 ac (5,834 SF)
Zoning code
AVC1*
APN
7480-019-012
UPID
US09-6924565
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
AVC1* · Avalon, CA
Zoning AVC1* · permitted uses
AVC1* · Avalon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avalon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.4M
RESTAURANT
Est. value
$5.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.7M
RETAIL STORES
Est. value
$3.1M
HOTEL/MOTEL Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
12
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Avalon Bay Real Estate LLC
Entity
Mailing address
1166 E 45TH WAY, LONG BEACH, CA 90807-1604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2025
—
Avalon Bay Real Estate LLC
—
Deed
related
$200,000 · United States Small Business Admin
May 17, 2024
$3,250,000
Avalon Bay Real Estate LLC
Yueh Mei Tucey
Grant Deed
$4,070,000 · Calprivate Bank
Nov 20, 2023
—
Mark Adams
—
Deed
related
$35,000 · Glan Investments LLC
Aug 1, 2011
$2,400,000
Jack A Tucey
Scaramucci V & J Trust
Grant Deed
$1,500,000 · Scaramucci Trust
Jul 12, 2011
$4,084,724
Scaramucci Vincent & J Trust
Reliable Trust Deed Svcs
Trustees Deed
related
—
Oct 31, 2008
$4,000,000
Hotel Vincentes LLC
Scaramucci V & J Trust
Grant Deed
$3,500,000 · Scaramucci Vincent & J Trust
Nov 28, 1989
—
Scaramucci Tr
Scaramucci Vince
Quit Claim Deed
related
—
—
—
Leslie J Scaramella
—
Deed Of Trust
related
$123,800 · Wells Fargo Bank
May 1, 1967
$75,000
—
—
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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