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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Hotels
1300 Munras Ave, Monterey, CA 93940-6108
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US09-1896181
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1960
Construction
WOOD
Total area
11,650 SF
Lot
0.77 ac (33,466 SF)
APN
001-651-034-000
UPID
US09-1896181
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
-
Aura Inn Hotel & Motel
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Super 8 by Wyndham Monterey Fisherman's Wharf Aquarium Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$950k
Owner & transaction history
Diya Properties LLC · 19 yrs held
Diya Properties LLC
since 2007
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 Monterey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monterey 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
$690,000
CAP Approach
CAP Return
Estimation
6%
$1,245,000
6.5%
$1,150,000
7%
$1,065,000
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
$82 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$60,125
Tax year 2023
Assessed value
$5,359,486
Assessed 2023
Previous assessed
$5,359,486
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,981,885
Assessed improvement
$2,377,601
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Units
32
Bathrooms
32
Total area
11,650 SF
Lot
0.77 ac (33,466 SF)
APN
001-651-034-000
UPID
US09-1896181
Jurisdiction
MONTEREY
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
Year built
1960
Construction
WOOD
Heating
NONE
Units
32
Bathrooms
32
Lot
0.77 ac
Current owner
From public records · entity-resolved
Diya Properties LLC
Entity
Mailing address
513 SEAGATE WAY, BELMONT, CA 94002-2558
Ownership since
2007
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
Feb 28, 2007
—
Diya Properties LLC
Deep Ptshp
Grant Deed
$2,600,000 · Liberty Bank
Jan 16, 2007
—
Diya Properties LLC
Patel,arvind C
Grant Deed
—
Jul 18, 2005
—
Patel A & S Trust
Patel,arvindkumar C
Quit Claim Deed
related
—
Mar 5, 2002
—
Deep Partnership
Patel,rameshbhai V & Sumanben R
Grant Deed
$1,000,000 · Zions First National Bank
Oct 5, 2001
$1,332,500
Rameshbhai V Patel
Lee,samuel C
Grant Deed
related
$603,659 · Samuel C
Dec 31, 1991
$486,500
Samuel C Lee
Oh,hyun B
Grant Deed
related
$136,485 · Seller
Jul 12, 1990
$781,500
Oh,kyun B & Kyun
Kim,tong P
Trustees Deed
related
—
—
—
Gardens Cypress
—
Deed Of Trust
related
$316,000 · Tracy Enterprise
—
—
Samuel C Lee
—
Deed Of Trust
related
$950,000 · Cypress Coast Bank
—
—
Samuel C Lee
—
Deed Of Trust
related
$2,401,000 · Monterey Bay Bank
—
—
Kyun B Oh
—
Deed Of Trust
related
—
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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