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Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Motels
150 Alamitos Ave Long Beach, CA 90802-5326
Entity Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0433114
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1961
Construction
WOOD
Total area
25,798 SF
Lot
0.51 ac (22,045 SF)
Zoning code
LBCT
APN
7265-001-018
UPID
US10-0433114
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
-
Vagabond Inn Long Beach Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.38M
Owner & transaction history
Vista Properties Nc · 26 yrs held
Vista Properties Nc
since 2000
7 recorded transactions
Zoning & alternative use
LBCT · Long 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 Long Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,590,000
6.5%
$2,390,000
7%
$2,220,000
Blend value · Realmo final
$2.38M
Range $2.14M – $2.61M · ±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
$92 / 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
$41,196
Tax year 2024
Assessed value
$2,165,327
Assessed 2024
Previous assessed
$2,165,327
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$996,019
Assessed improvement
$1,169,308
Applied tax rate
11.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
NONE
Stories
1
Units
63
Total area
25,798 SF
Lot
0.51 ac (22,045 SF)
Zoning code
LBCT
APN
7265-001-018
UPID
US10-0433114
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCT · Long Beach, CA
Zoning LBCT · permitted uses
LBCT · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Long Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Stories
1
Units
63
Lot
0.51 ac
Current owner
From public records · entity-resolved
Vista Properties Nc
Entity
Mailing address
1032 E 7TH ST, LONG BEACH, CA 90813-4802
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2021
—
Kola Partnership
—
Deed
related
$1,820,000 · State Bank Of India California
Oct 5, 2012
—
Kola Hotel LLC
—
Deed Of Trust
related
$5,000,000 · Rajiv T & Anjanaben R Desai
Mar 16, 2000
$485,000
Vista Properties Nc
Alhadeff,leetrice D
Trustees Deed
—
Mar 16, 2000
$1,500,000
Kola Partnership
Vista Properties INC
Trustees Deed
$360,000 · Imperial Bank
Aug 18, 1993
—
Haner F T Co Tr
—
Deed Of Trust
related
—
—
—
Kola Ptshp
—
Deed Of Trust
related
$1,820,000 · First Credit Bank
—
—
Kola Ptshp
—
Deed Of Trust
related
$2,000,000 · State Bk/india
—
—
Pravin L Patel
—
Deed Of Trust
related
$300,000 · Descansando Partners LP
—
—
Kola Ptshp
—
Deed Of Trust
related
$200,000 · Bruce A Kaplan Md Mc Dbpp-1976
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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