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Property profile & analytics
OFF-MARKET
Hotels
11740 Mesquite Ave Desert Hot Springs, CA 92240-3732
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2569641
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1953
Construction
WOOD
Total area
5,067 SF
Lot
0.63 ac (27,442 SF)
Zoning code
RM
APN
639-322-017
UPID
US09-2569641
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
-
RM 04 The Burgundy Room Hotel & Motel
-
The O Spa + Resort Hotel & Motel
-
TheOtherSpa Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Desiree Fisher · 7 yrs held
Desiree Fisher
since 2018
7 recorded transactions
Zoning & alternative use
RM · Desert Hot Springs, 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 Desert Hot Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desert Hot Springs 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,198
Tax year 2024
Assessed value
$650,165
Assessed 2024
Previous assessed
$650,165
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$75,965
Assessed improvement
$574,200
Applied tax rate
14.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1953
Construction
WOOD
Heating
NONE
Stories
1
Units
16
Total area
5,067 SF
Lot
0.63 ac (27,442 SF)
Zoning code
RM
APN
639-322-017
UPID
US09-2569641
Jurisdiction
RIVERSIDE
Zoning & alternative use
RM · Desert Hot Springs, CAZoning RM · permitted uses
RM · Desert Hot Springs, CA
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
1953
Construction
WOOD
Heating
NONE
Stories
1
Units
16
Lot
0.63 ac
Current owner
From public records · entity-resolved
Desiree Fisher
Individual
Mailing address
178 THE MASTERS CIR, COSTA MESA, CA 92627-4640
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2018
—
Desiree Fisher
Tend,joseph A
Affidavit Of Death
related
—
Jan 20, 2017
$700,000
Desiree Fischer
Bendis,james A
Grant Deed
$600,000 · Umbral LLC
Jan 15, 2010
$340,000
James A Bendis
Hanmi Bk
Grant Deed
$190,000 · Hanmi Bank
May 22, 2009
$668,097
Hamni Bank
Asset Foreclosure Svcs INC
Trustees Deed
related
—
Sep 30, 2005
$620,000
Choijang INC
Koshiyama,momoko
Grant Deed
$320,000 · Hanmi Bank
Aug 19, 2004
$450,000
Momoko Koshiyama
Lee,chin S
Grant Deed
$250,000 · Plastic Dress Up Co Emps Psp
Aug 19, 2004
—
Chin S Lee
Lee,hwi N
Quit Claim Deed
related
—
Aug 26, 2002
$300,000
Hwi N Lee
NA,yong S
Grant Deed
—
Mar 8, 2001
$200,000
Mal B Kim
Lee,koo J & Chang J
Grant Deed
$130,000 · Wilshire State Bank
Sep 24, 1999
$75,000
Koo J Lee
Cho,mun S & Grace
Grant Deed
—
Nov 5, 1997
$150,000
Mun S Cho
Deanna Macdonald Trustee
Grant Deed
$100,000 · Individual
—
—
Koo J Lee
—
Deed Of Trust
related
$110,000 · Individual
—
—
Mal B Kim
—
Deed Of Trust
related
$100,000 · Paul S Lee
—
—
Momoko Koshiyama
—
Deed Of Trust
related
$320,000 · Litt David & Teresa Trust
—
—
Choijang INC
—
Deed Of Trust
related
$685,000 · Hanmi Bank
—
—
Momoko Koshiyama
—
Deed Of Trust
related
$5,000 · Cindy M Preston
—
—
Choijang INC
—
Deed Of Trust
related
$150,000 · Marcela Fierro
—
—
Koo J Lee
—
Deed Of Trust
related
$30,000 · Individual
—
—
Choijang INC
—
Deed Of Trust
related
$150,000 · Eduardo Delacruz
—
—
Choijang INC
—
Deed Of Trust
related
$150,000 · Eduardo Delacruz
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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