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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Motels
16883 Elizabeth Lk Rd Lake Hughes, CA 93532
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7280714
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1965
Construction
TILT-UP CONCRETE
Total area
6,165 SF
Lot
3.42 ac (148,794 SF)
Zoning code
LCRR1*
APN
3235-005-034
UPID
US09-7280714
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$590k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
William Beeson · 6 yrs held
William Beeson
since 2019
7 recorded transactions
Zoning & alternative use
LCRR1* · Lake Hughes, 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 Lake Hughes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Hughes 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%
$640,000
6.5%
$590,000
7%
$550,000
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$93 / 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
$8,242
Tax year 2024
Assessed value
$636,884
Assessed 2024
Previous assessed
$636,884
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$220,871
Assessed improvement
$416,013
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
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
1965
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Buildings
4
Stories
1
Units
10
Bathrooms
9
Total area
6,165 SF
Lot
3.42 ac (148,794 SF)
Zoning code
LCRR1*
APN
3235-005-034
UPID
US09-7280714
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCRR1* · Lake Hughes, CA
Zoning LCRR1* · permitted uses
LCRR1* · Lake Hughes, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Hughes. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Stories
1
Buildings
4
Units
10
Bathrooms
9
Lot
3.42 ac
Current owner
From public records · entity-resolved
William Beeson
Individual
Mailing address
18276 PNE CYN RD, LAKE HUGHES, CA 93532-1107
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2019
$10,000
William Beeson
James F Merget
Grant Deed
—
Aug 2, 2019
$1,050,000
Beeson,w & J 2015 Trust
Merget James F 2015 Trust
Grant Deed
—
Apr 8, 2015
—
Merget,james F 2015 Trust
Merget James F
Quit Claim Deed
related
—
Dec 22, 2011
—
James F Merget
Sharon Lea Merget
Affidavit Of Death Of Joint Tenant
related
—
—
—
James F Merget
—
Deed Of Trust
related
$500,000 · United Commercial Bank
—
—
James F Merget
—
Deed Of Trust
related
$550,000 · United Commercial Bank
—
—
James F Merget
—
Deed Of Trust
related
$504,000 · East West Bank
—
—
James F Merget
—
Deed Of Trust
related
$430,000 · Southern Pacific Thrift & Loan
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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