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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Hotels
1300 The Strand 318 Hermosa Beach, CA 90254-3548
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6187001
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
WOOD
Total area
473 SF
Lot
0.39 ac (16,845 SF)
Zoning code
HBC2YY
APN
4183-003-081
UPID
US09-6187001
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
-
Beach House Hotel & Motel
-
Resonance Kitchen Remodeling Hardware & Home Improvement Kitchen & Bath Showroom
-
Neo Tile Repair Hermosa Beach General Contractor Renovation Specialist
-
FiveCity High School Daycare Center
-
The Beach House Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.22M
Owner & transaction history
Dixie Lee Carpenter · 5 yrs held
Dixie Lee Carpenter
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
HBC2YY · Hermosa Beach, CA
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 Hermosa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermosa Beach 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
$1,220,000
ML approach
$1,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $1.25M (Apr 29 2021)
Last sale anchor
$1.25M
Apr 29 2021
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
$2,579 / 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
$14,240
Tax year 2024
Assessed value
$1,321,203
Assessed 2024
Previous assessed
$1,321,203
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$259,995
Assessed improvement
$1,061,208
Applied tax rate
4.0000
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
1998
Construction
WOOD
Heating
NONE
Cooling
YES
Units
1
Bathrooms
1
Total area
473 SF
Lot
0.39 ac (16,845 SF)
Zoning code
HBC2YY
APN
4183-003-081
UPID
US09-6187001
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HBC2YY · Hermosa Beach, CAZoning HBC2YY · permitted uses
HBC2YY · Hermosa Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 155: ZONING CODE
Building & site characteristics
From public records
Year built
1998
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
1
Bathrooms
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Dixie Lee Carpenter
Individual
Mailing address
1203 DRAKE CIR, SAN LUIS OBISPO, CA 93405-4907
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2021
$1,245,000
Dixie Lee Carpenter
Frederick Joseph Nolen
Grant Deed
—
Feb 23, 2018
$1,075,000
Nolen,frederick J 1999 Trust
Keller,erin
Grant Deed
—
Feb 16, 2017
—
Erin Keller
Keller,james M
Quit Claim Deed
related
—
Feb 16, 2017
$1,000,000
Erin Keller
Bartlett Family Living Trust
Grant Deed
—
Mar 18, 2014
—
Bartlett Family Trust
Bartlett,john L & Cynthia C
Quit Claim Deed
related
—
Jan 22, 2014
—
John L Bartlett
Marco Mastrodonato
Grant Deed
$400,000 · Preferred Bank
Sep 23, 2008
$900,000
Marco Mastrodonato
Walsh,tim & Margery L
Grant Deed
—
Jul 19, 2005
—
Margery L Walsh
Walsh,timothy J
Quit Claim Deed
related
—
Jul 19, 2005
$675,000
Margery L Walsh
Dean Benjamin
Grant Deed
$506,250 · Jpmorgan Chase Bank NA
Jul 16, 2004
—
Dean Benjamin
Autosource INC
Quit Claim Deed
related
$375,000 · Washington Mutual Fsb
Feb 19, 2002
—
Autosource
Benjamin,d & K
Grant Deed
related
—
Jan 3, 2002
$430,000
Dean Benjamin
Baran,david
Grant Deed
$387,000 · Mountain Express Mortgage
Aug 26, 1998
$380,000
David Baran
—
Grant Deed
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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