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Property profile & analytics
OFF-MARKET
Estimated value
$475,000
Hotels
1600 Palm Cyn Dr Palm Springs, CA 92264-9170
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-0619673
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1959
Construction
WOOD
Total area
6,382 SF
Lot
0.46 ac (20,037 SF)
Zoning code
R3
APN
508-454-011
UPID
US09-0619673
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
-
La Maison Hotel Hotel & Motel
-
Sonoran Desert Towing Service Auto Repair Shop
-
Tesla Destination Charger Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$475k
Owner & transaction history
First Republic Bank · 3 yrs held
First Republic Bank
since 2023
7 recorded transactions
Zoning & alternative use
R3 · Palm Springs, 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 Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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
$475k
Range $428k – $523k · ±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
$74 / 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
$62,663
Tax year 2024
Assessed value
$3,183,622
Assessed 2024
Previous assessed
$3,183,622
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$743,906
Assessed improvement
$2,439,716
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Stories
2
Units
16
Total area
6,382 SF
Lot
0.46 ac (20,037 SF)
Zoning code
R3
APN
508-454-011
UPID
US09-0619673
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Palm Springs, CAZoning R3 · permitted uses
R3 · Palm Springs, CA
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
1959
Construction
WOOD
Heating
NONE
Stories
2
Units
16
Lot
0.46 ac
Current owner
From public records · entity-resolved
First Republic Bank
Entity
Mailing address
PO BOX 9796, JACKSON, WY 83002-9796
Ownership since
2023
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
Mar 31, 2023
—
First Republic Bank
Esc Palm Springs LLC
Assignment Of Lease (leasehold Sale)
$2,200,000 · First Republic Bank
Aug 14, 2020
$3,000,000
Esc Palm Springs LLC
Crs Investments INC
Grant Deed
—
Dec 19, 2018
—
Crs Investments INC
—
Deed
related
$750,000 · Sun Community FCU
Dec 2, 2011
$800,000
Crs Investments INC
Two William Investments LLC
Grant Deed
—
Dec 29, 2003
$483,000
Two William Investments LLC
Berlin Technologies LLC
Grant Deed
related
$115,000 · Berlin Technologies LLC
May 3, 2002
$835,000
Berlin Technologies LLC
Goolsby Trust
Grant Deed
$628,000 · Community National Bank
Jun 6, 1996
—
Ps Cy
Nelson,judith K Etal
Grant Deed
related
—
Jun 5, 1996
—
Judith K Nelson
Nelson,judith K Etal
Quit Claim Deed
related
—
Jul 8, 1992
$365,000
Judith K Nelson
Hegedus Medical
Grant Deed
$310,250 · Seller
Sep 1, 1990
$130,500
Recovery Hotels
Peterson Jon
Grant Deed
related
—
Oct 1, 1988
$91,500
William H Salmon
Croci Charles
Grant Deed
—
—
—
Two William Investments LLC
—
Deed Of Trust
related
$750,000 · Community National Bank
—
—
Crs Investments INC
—
Deed Of Trust
related
$220,000 · Tg1 LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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