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Property profile & analytics
FOR LEASE
Hotels
1351 Orange Ave Coronado, CA 92118
Trust Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9626354
For Lease
1 / 4
$12,415,000
1351 Orange Ave, Coronado, CA 92118
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1961
Total area
9,999 SF
Lot
0.54 ac (23,731 SF)
Zoning code
COMMERCIAL
APN
537-561-09-00
UPID
US09-9626354
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
$13.55M
Blend (final)
Blend
$12.42M
Owner & transaction history
Crumley J W & J F Family Trust · 17 yrs held
Crumley J W & J F Family Trust
since 2009
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Coronado, 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 Coronado submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coronado 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.42M
Range $11.17M – $13.66M · ±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
$1,242 / 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
$270,291
Tax year 2024
Assessed value
$23,868,000
Assessed 2024
Previous assessed
$23,868,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$19,380,000
Assessed improvement
$4,488,000
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
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
For Lease
Year built
1961
Heating
NONE
Units
1
Total area
9,999 SF
Lot
0.54 ac (23,731 SF)
Zoning code
COMMERCIAL
APN
537-561-09-00
UPID
US09-9626354
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Coronado, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Coronado, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coronado. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Heating
NONE
Units
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Crumley J W & J F Family Trust
Trust
Mailing address
9819 MIRA MESA BLVD, SAN DIEGO, CA 92131-1004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
—
El Cordova Corondo LLC
—
Deed
related
$31,500,000 · Calprivate Bank
Apr 4, 2017
—
El Cordova LLC
—
Grant Deed
related
$9,600,000 · Umpqua Bk
Mar 7, 2017
—
El Cordova LLC
—
Grant Deed
related
$9,600,000 · Umpqua Bk
Dec 28, 2016
—
El Cordova LLC
—
Deed
related
$1,500,000 · Umpqua Bank
Feb 3, 2009
—
Crumley J W & J F Family Trust
Crumley,jeanne F
Affidavit Of Death
related
—
Jun 29, 2001
—
El Cordova
La Jolla Inns Of America Property Co
Quit Claim Deed
related
—
Jun 8, 1989
—
Inns Am La Jolla
Bottomley Robert
Quit Claim Deed
related
—
—
—
El Cordova LLC
—
Deed Of Trust
related
$3,100,000 · California Bank & Trust
—
—
El Cordova LLC
—
Deed Of Trust
related
$3,250,000 · California Bank & Trust
—
—
El Cordova LLC
—
Deed Of Trust
related
$2,700,000 · California Bank & Trust
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.
Try Rey
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