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Property profile & analytics
OFF-MARKET
Estimated value
$13,675,000
Hotels
111 Gaffey St San Pedro, CA 90731-2429
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7171902
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1986
Construction
WOOD
Total area
40,576 SF
Lot
0.67 ac (29,013 SF)
Zoning code
LAC2
APN
7451-010-040
UPID
US09-7171902
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
$9.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.68M
Owner & transaction history
Rehan Khan · 3 yrs held
Rehan Khan
since 2022
Last sale
$16.8M
7 recorded transactions
Zoning & alternative use
LAC2 · San Pedro, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$18.8M
+9.9%
Medical building
$18.4M
+8.0%
Office building
$18.2M
+6.5%
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 San Pedro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Pedro 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
$15,800,000
ML approach
$9,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$17,080,000
Current use
AUTO REPAIR, GARAGE
$18,770,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$18,445,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$18,200,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$13.68M
Range $12.31M – $15.04M · ±10% · vs last sale $16.79M (Jun 16 2022)
Last sale anchor
$16.79M
Jun 16 2022
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
$337 / 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
$191,673
Tax year 2024
Assessed value
$15,579,246
Assessed 2024
Previous assessed
$15,579,246
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$5,202,000
Assessed improvement
$10,377,246
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
1986
Construction
WOOD
Heating
NONE
Buildings
2
Stories
4
Units
56
Bathrooms
4
Total area
40,576 SF
Lot
0.67 ac (29,013 SF)
Zoning code
LAC2
APN
7451-010-040
UPID
US09-7171902
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · San Pedro, CA
Zoning LAC2 · permitted uses
LAC2 · San Pedro, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Pedro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$17.1M
AUTO REPAIR, GARAGE
Est. value
$18.8M
MEDICAL BUILDING
Est. value
$18.4M
OFFICE BUILDING
Est. value
$18.2M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1986
Construction
WOOD
Heating
NONE
Stories
4
Buildings
2
Units
56
Bathrooms
4
Lot
0.67 ac
Current owner
From public records · entity-resolved
Rehan Khan
Individual
Mailing address
3600 WILSHIRE BLVD STE #1500, LOS ANGELES, CA 90010-2619
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2022
$647,000
Rehan Khan
Levon Khachtryan
Grant Deed
—
Jun 16, 2022
$16,785,000
Volunteers Of America Of Los Angele
Winstone LLC
Grant Deed
—
Jul 7, 2021
—
Levon Khachatryan
—
Deed
related
$498,000 · Christopher Lee
May 14, 2021
$655,000
Levon Khachtryan
Gbcasas Investment & Management INC
Grant Deed
$498,000 · Gbcasas Investment & Management INC
Feb 4, 2019
—
Gbcasas Invs & Mgmt INC
—
Deed
related
$600,000 · Trisara LLC
May 14, 2018
—
Ld Acquisition Co 8 LLC
—
Grant Deed
related
$116,600,000 · Deutsche Bk Tr Co Americas
Apr 10, 2018
$569,000
Gbcasas Investments & Mgmt INC
Boettcher,fred H R
Grant Deed
$318,750 · Anchor Lns
Jul 22, 2015
$10,180,000
Winstone LLC
San Pedro Inn LP
Grant Deed
$5,760,000 · Tomatobank NA
Jul 28, 2014
—
Ld Acquisition Co 8 LLC
—
Grant Deed
related
$35,843,999 · Cadence Bk
Dec 23, 2011
—
San Pedro Inn LP
—
Deed Of Trust
related
$1,500,000 · First Commercial Bank
Aug 9, 2011
—
San Pedro Inn LP
Fruitduce Trading INC
Grant Deed
—
Jul 11, 2011
$3,000,000
Goshen Estate LLC
Jlm Corp
Trustees Deed
related
—
Dec 31, 1998
—
Chong Hong
Gaffey Investment Group
Grant Deed
$2,535,000 · First Continental Bank
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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