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Property profile & analytics
OFF-MARKET
Estimated value
$5,080,000
Motels
11510 Lakewood Blvd Downey, CA 90241-5208
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6278970
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1988
Construction
WOOD
Total area
17,414 SF
Lot
0.59 ac (25,576 SF)
Zoning code
DOC2*
APN
6256-001-095
UPID
US09-6278970
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
-
Downey Inn Luxury Suites Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.08M
Owner & transaction history
Downey Inn LLC · 3 yrs held
Downey Inn LLC
since 2023
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
DOC2* · Downey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.1M
+9.9%
Medical building
$7.9M
+8.0%
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 Downey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downey 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
$4,340,000
ML approach
$4,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$7,330,000
Current use
AUTO REPAIR, GARAGE
$8,055,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$7,915,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$5.08M
Range $4.57M – $5.59M · ±10% · vs last sale $5.65M (Apr 27 2023)
Last sale anchor
$5.65M
Apr 27 2023
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
$292 / 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
$70,918
Tax year 2024
Assessed value
$5,457,000
Assessed 2024
Previous assessed
$5,457,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,703,000
Assessed improvement
$2,754,000
Applied tax rate
3.0000
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
1988
Construction
WOOD
Heating
NONE
Stories
1
Units
34
Total area
17,414 SF
Lot
0.59 ac (25,576 SF)
Zoning code
DOC2*
APN
6256-001-095
UPID
US09-6278970
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
DOC2* · Downey, CA
Zoning DOC2* · permitted uses
DOC2* · Downey, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Downey. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$7.3M
AUTO REPAIR, GARAGE
Est. value
$8.1M
MEDICAL BUILDING
Est. value
$7.9M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
MEDICAL 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
1988
Construction
WOOD
Heating
NONE
Stories
1
Units
34
Lot
0.59 ac
Current owner
From public records · entity-resolved
Downey Inn LLC
Entity
Mailing address
1011 S ATLANTIC DR, COMPTON, CA 90221-4758
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2023
$5,650,000
Downey Inn LLC
Lin Chang Chung
Grant Deed
—
Nov 18, 2019
—
Chung-lin Chang
Yu L Lee
Quit Claim Deed
related
—
Jul 3, 2019
—
Chang,ching L Trust
Shih,shui L
Affidavit Of Death
—
May 17, 2013
—
Chang,chung L Trust
Chang,chung L
Quit Claim Deed
related
—
Feb 18, 1988
$55,000
Chung L Chang
Unknown
Grant Deed
—
—
—
Chung L Chang
—
Deed Of Trust
related
$850,000 · Bank Of Taiwan
—
—
Chung L Chang
—
Deed Of Trust
related
$1,030,000 · Bank Of Taiwan
—
—
Chung L Chang
—
Deed Of Trust
related
$760,000 · Bank Of Taiwan
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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