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Property profile & analytics
OFF-MARKET
Estimated value
$2,935,000
Hotels
1608 Msn Rd Fallbrook, CA 92028-4173
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-7164291
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1990
Total area
14,617 SF
Lot
0.47 ac (20,407 SF)
Zoning code
COMMERCIAL
APN
104-350-29-00
UPID
US09-7164291
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
-
Econo Lodge Inn & Suites Fallbrook Downtown Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.69M
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$2.94M
Owner & transaction history
Hillside Hospitality LLC · 13 yrs held
Hillside Hospitality LLC
since 2012
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Fallbrook, 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 Fallbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallbrook 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%
$4,000,000
6.5%
$3,690,000
7%
$3,425,000
Blend value · Realmo final
$2.94M
Range $2.64M – $3.23M · ±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
$201 / 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
$27,799
Tax year 2024
Assessed value
$2,595,651
Assessed 2024
Previous assessed
$2,595,651
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$724,365
Assessed improvement
$1,871,286
Applied tax rate
75.0000
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
Off-Market
Year built
1990
Heating
NONE
Units
36
Total area
14,617 SF
Lot
0.47 ac (20,407 SF)
Zoning code
COMMERCIAL
APN
104-350-29-00
UPID
US09-7164291
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Fallbrook, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallbrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Units
36
Lot
0.47 ac
Current owner
From public records · entity-resolved
Hillside Hospitality LLC
Entity
Mailing address
1608 S MSN RD, FALLBROOK, CA 92028-4173
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Oct 3, 2019
—
Hillside Hospitality LLC
—
Deed
related
$1,430,000 · First Fidelity Bank
Nov 14, 2012
$2,150,000
Hillside Hospitality LLC
Jai Sitaram INC
Grant Deed
$1,720,000 · Pacific City Bank
Apr 3, 2006
—
Jai Sitaram INC
Ram,jagdish
Quit Claim Deed
$875,000 · Comerica Bank
Jul 18, 2000
$1,050,000
Jagdishchandra I Patel
Narayan Corp
Grant Deed
$890,000 · Imperial Bank
Feb 5, 1997
$157,000
Narayan Corp
Chen,steve & Shir O
Grant Deed
related
—
May 9, 1996
$753,000
Christopher K Li
Pan,chang Y & Kwang S
Grant Deed
—
Oct 4, 1988
—
Kwang S Pan
Walden,charles P
Quit Claim Deed
related
—
—
—
Steve Chen
—
Deed Of Trust
related
$753,000 · Individual
—
—
Christopher K Li
—
Deed Of Trust
related
$800,000 · Sumitomo 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.
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