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Property profile & analytics
OFF-MARKET
Motels
1500 Wharf Rd Capitola, CA 95010-3269
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0779233
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1940
Construction
WOOD
Total area
480 SF
Lot
0.02 ac (915 SF)
APN
035-201-02
UPID
US09-0779233
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
-
Mouse House - Capitola Venetian - Beach front - Unit #3 Vacation Rental Hotel & Motel
-
Capitola Venetian Court Private Residences Homeowners' Association
-
Capitola Venetian Hotel Hotel & Motel
-
Historic Venetian Court Tour Operator
-
Hacienda Landscaping Company Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Santa Cruz Beach LLC · 7 yrs held
Santa Cruz Beach LLC
since 2019
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 Capitola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Capitola 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,120
Tax year 2024
Assessed value
$167,451
Assessed 2024
Previous assessed
$167,451
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$102,454
Assessed improvement
$64,997
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
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
1940
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
480 SF
Lot
0.02 ac (915 SF)
APN
035-201-02
UPID
US09-0779233
Jurisdiction
SANTA CRUZ
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
1940
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Santa Cruz Beach LLC
Entity
Mailing address
347 SPRECKELS DR, APTOS, CA 95003-3923
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jul 5, 2019
—
Santa Cruz Beach LLC
Allen S D & A F/tr
Quitclaim Deed
related
—
Apr 2, 2019
—
Allen,steven D & Amanda F Trust
Bartfield Family Trust
Quitclaim Deed
—
Apr 19, 2018
—
Steven D Allen
Bartfield Family Trust
Quitclaim Deed
—
Sep 13, 2016
—
Martin S Wasserman
—
Deed
related
$4,050,000 · Wells Fargo Bank NA
Aug 11, 2016
—
Lou Bartfield
Bartfield,isabel W
Deed
related
—
Mar 29, 2005
—
Bartfield Trust
Bartfield,lou & Isabel W
Quit Claim Deed
related
—
Oct 31, 1997
$410,000
Rita M Gardiner
Mary E Okeefe Trustee
Grant Deed
$200,000 · Bank Of The West
Apr 13, 1995
—
Wasserman Trust
Wasserman Trust
Quit Claim Deed
related
$1,200,000 · Watsonville Federal S & L
—
—
Martin S Wasserman
—
Deed Of Trust
related
$2,817,500 · Monterey Bay Bank
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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