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Property profile & analytics
OFF-MARKET
Hotels
120 Whittley Ave Avalon, CA 90704-2882
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8669920
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1926
Construction
WOOD
Total area
6,060 SF
Lot
0.13 ac (5,804 SF)
Zoning code
AVC1*
APN
7480-018-024
UPID
US09-8669920
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joshua M Racko · 5 yrs held
Joshua M Racko
since 2021
Last sale
$80,000
7 recorded transactions
Zoning & alternative use
AVC1* · Avalon, 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 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
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
$40,205
Tax year 2024
Assessed value
$1,738,348
Assessed 2024
Previous assessed
$1,738,348
+0.0% YoY
Effective rate
2.31%
On assessed value
Assessed land
$1,187,061
Assessed improvement
$551,287
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
1926
Construction
WOOD
Heating
NONE
Stories
2
Total area
6,060 SF
Lot
0.13 ac (5,804 SF)
Zoning code
AVC1*
APN
7480-018-024
UPID
US09-8669920
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.
Building & site characteristics
From public records
Year built
1926
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Joshua M Racko
Individual
Mailing address
2 BREEZE AVE #101, VENICE, CA 90291-3225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2021
—
Joshua M Racko
Patrice Racko
Intrafamily Transfer
related
—
May 2, 2017
—
Avalon Hotel LLC
—
Deed
related
$2,940,000 · Preferred Bank
Aug 3, 2000
—
Wendy C Morgan
Morgan,r C
Quit Claim Deed
related
—
Apr 13, 2000
—
James A Sheridan
Morgan,r
Quit Claim Deed
related
—
May 31, 1994
$80,000
Robert B Morgan
Imperial Bank
Grant Deed
$600,000 · Imperial Bank
Dec 30, 1993
$447,000
Imperial Bank
Bay View Propert
Trustees Deed
related
—
—
—
Avalon Hotel LLC
—
Deed Of Trust
related
$2,000,000 · Centennial Bank
—
—
Avalon Hotel LLC
—
Deed Of Trust
related
$380,000 · Goldberg Family Trust (pt)
—
—
Avalon Hotel LLC
—
Deed Of Trust
related
$500,000 · Elyse Sorkin
—
—
Avalon Hotel LLC
—
Deed Of Trust
related
$1,900,000 · Goldberg Family Trust
—
—
Robert B Morgan
—
Deed Of Trust
related
$675,000 · Ronald B Romine
—
—
Martin Marrufo
—
Deed Of Trust
related
$211,000 · World Savings
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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