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Property profile & analytics
OFF-MARKET
Estimated value
$2,080,000
Hotels
1429 Hermosa Ave, Hermosa Beach, CA 90254-3540
Entity Owned
2-yr Hold
Absentee Owner
Property ID
US09-7174390
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2020
Construction
WOOD
Total area
20,244 SF
Lot
0.26 ac (11,526 SF)
Zoning code
HBC2YY
APN
4183-004-028
UPID
US09-7174390
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
-
H2O Hermosa Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.08M
CAP Approach
CAP
$1.94M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.08M
Owner & transaction history
Pmjj LLC · 2 yrs held
Pmjj LLC
since 2024
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
HBC2YY · Hermosa Beach, 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 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
$2,080,000
ML approach
$2,080,000
CAP Approach
CAP Return
Estimation
6%
$2,105,000
6.5%
$1,940,000
7%
$1,805,000
Blend value · Realmo final
$2.08M
Range $2.12M – $4.78M · vs last sale $2.08M (Jun 26 2024)
Last sale anchor
$2.08M
Jun 26 2024
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
$103 / 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
$126,158
Tax year 2024
Assessed value
$11,539,719
Assessed 2024
Previous assessed
$11,539,719
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,485,296
Assessed improvement
$8,054,423
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
2020
Construction
WOOD
Heating
NONE
Units
30
Total area
20,244 SF
Lot
0.26 ac (11,526 SF)
Zoning code
HBC2YY
APN
4183-004-028
UPID
US09-7174390
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HBC2YY · Hermosa Beach, CA
Zoning 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
Hermosa Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
WOOD
Heating
NONE
Units
30
Lot
0.26 ac
Current owner
From public records · entity-resolved
Pmjj LLC
Entity
Mailing address
4024 VIA LARGAVISTA AVE, PALOS VERDES ESTATES, CA 90274-1122
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Sep 22, 2025
—
Pmjjj LLC
—
Deed
related
$6,000,000 · East West Bank
Jun 26, 2024
—
Pmjj LLC
Ravi Khosla
Quit Claim Deed
related
—
Mar 20, 2024
—
Ravi Khosla
1429 Hermosa LLC
Quit Claim Deed
related
—
Jul 2, 2021
—
1429 Hermosa LLC
—
Deed
related
$5,000,000 · Us Metro Bank
Oct 25, 2019
—
1429 Hermosa LLC
—
Deed
related
$8,200,000 · Preferred Bk
Apr 5, 2016
—
1429 Hermosa LLC
—
Trustees Deed
related
$8,200,000 · Preferred Bk
Jul 30, 2013
$2,900,000
1429 Hermosa LLC
Hermosa Beach Parking Co LLC
Grant Deed
$1,450,000 · Preferred Bank
Mar 18, 2010
$2,080,000
Hermosa Beach Parking Co LLC
Franchise Portfolio 1 INC
Grant Deed
—
Nov 13, 2009
$1,720,000
Franchise Portfolio 1 INC
Fidelity Natl Title Co
Trustees Deed
related
—
Aug 15, 2007
—
Hermosa Office Condo Ptrs LLC
Cardinal Real Estate Invs LLC
Grant Deed
$3,500,000 · Cit Lending Services Corp
Jul 20, 2006
—
Kyle Ransford
Ransford,melanie
Quit Claim Deed
related
—
Jul 20, 2006
$4,080,000
Hermosa Office Condo Partners LLC
John K Bakolas
Grant Deed
—
—
—
1429 Hermosa LLC
—
Loan Modification
related
$8,200,000 · Preferred Bk
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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