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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Hotels
1295 Coast Vlg Rd, Santa Barbara, CA 93108-2739
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US09-1458512
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Lot
1.3 ac (56,628 SF)
APN
009-293-007
UPID
US09-1458512
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
-
Sushi by Scratch Restaurants: Montecito Restaurant
-
Montecito Inn Hotel & Motel Bed & Breakfast
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Frankland's Company Garden Center
-
Kamara Frankland's Crab & Co.LTD Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Copus,tr · 22 yrs held
Copus,tr
since 2003
7 recorded transactions
Zoning & alternative use
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 Santa Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara 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
by Request
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10%
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
—
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
$161,161
Tax year 2024
Assessed value
$13,886,855
Assessed 2024
Previous assessed
$13,886,855
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,862,760
Assessed improvement
$11,024,095
Applied tax rate
2.0000
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
Heating
NONE
Lot
1.3 ac (56,628 SF)
APN
009-293-007
UPID
US09-1458512
Jurisdiction
SANTA BARBARA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.3 ac
Current owner
From public records · entity-resolved
Copus,tr
Individual
Mailing address
1295 COAST VLG RD, SANTA BARBARA, CA 93108-2739
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
—
Copus LP
—
Deed
related
$4,750,000 · American Riviera Bank
Jul 31, 2024
—
Montecito Copus LP
—
Deed
related
$1,000,000 · American Riviera Bank
Oct 6, 2003
—
Copus,tr
Copus,dewayne D & Kathleen M
Quit Claim Deed
related
—
Jul 15, 1999
—
Copus Trust
—
Deed Of Trust
related
$5,000,000 · Wells Fargo Bank
Oct 10, 1997
—
Copus Trust
Copus,dewayne & Kathy
Quit Claim Deed
related
—
Mar 31, 1989
$2,005,500
Copus Dewayne
Dsn,exchange Cor
Grant Deed
related
—
—
—
Dewyane Copus
—
Deed Of Trust
related
$4,600,000 · Santa Barbara Bank & Trust
—
—
Montecito Copus LP
—
Deed Of Trust
related
$3,000,000 · Symetra Life Insurance Co
—
—
Montecito Copus LP
—
Deed Of Trust
related
$1,500,000 · Bank Of Santa Barbara
—
—
Montecito Copus LP
—
Deed Of Trust
related
$5,100,000 · Stearns Commercial Mtg INC
—
—
Dewayne D Copus
—
Deed Of Trust
related
$3,400,000 · Wells Fargo 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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