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Property profile & analytics
OFF-MARKET
Estimated value
$11,250,000
Hotels
1699 Palm Cyn Dr Palm Springs, CA 92264-8343
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0174082
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1972
Construction
WOOD
Total area
1,680 SF
Lot
2.55 ac (111,077 SF)
Zoning code
R2
APN
513-300-009
UPID
US09-0174082
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 Motor Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.25M
Owner & transaction history
1699 Psp Hospitality LLC · 2 yrs held
1699 Psp Hospitality LLC
since 2024
Last sale
$11.3M
7 recorded transactions
Zoning & alternative use
R2 · 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
$11,250,000
ML approach
$11,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.25M
Range $10.13M – $12.38M · ±10% · vs last sale $11.25M (Jul 15 2024)
Last sale anchor
$11.25M
Jul 15 2024
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
$6,696 / 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
$78,172
Tax year 2024
Assessed value
$5,512,775
Assessed 2024
Previous assessed
$5,512,775
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,392,699
Assessed improvement
$4,120,076
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
1972
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
1,680 SF
Lot
2.55 ac (111,077 SF)
Zoning code
R2
APN
513-300-009
UPID
US09-0174082
Jurisdiction
RIVERSIDE
Zoning & alternative use
R2 · Palm Springs, CA
Zoning R2 · permitted uses
R2 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
2.55 ac
Current owner
From public records · entity-resolved
1699 Psp Hospitality LLC
Entity
Mailing address
1100 ALTA LOMA RD APT #901, WEST HOLLYWOOD, CA 90069-2438
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jul 15, 2024
$11,250,000
1699 Psp Hospitality LLC
Vista Palm Springs Investments LLC
Grant Deed
$11,250,000 · A10 Capital LLC
Nov 20, 2023
—
Vista Palm Springs Investments LLC
—
Deed
related
$2,766,000 · Business Finance Capital
Oct 23, 2017
—
Vista Palm Springs Invs LLC
—
Trustees Deed
related
$2,100,000 · First Choice Bk
May 24, 2016
$4,750,000
Vista Palm Springs Investments LLC
Vista Palm Springs LLC
Grant Deed
$3,250,000 · First Choice Bank
Jan 23, 2007
—
Vista Palm Springs LLC
Napier Laura J Trust
Grant Deed
—
Nov 23, 2005
—
Vista G LLC
Vista Investments LLC
Quit Claim Deed
related
—
May 5, 2003
—
Napier,tr
Napier-peters,laura J
Quit Claim Deed
related
—
Sep 14, 2000
—
Vista Investment LLC
Ben L Silberstein Estate
Trustees Deed
related
—
—
—
Vista Investments LLC
—
Deed Of Trust
related
$1,340,000 · Bank Of The West
—
—
Vista Palm Springs LLC
—
Deed Of Trust
related
$1,900,000 · Ennerdale Corp Defined Benefit
—
—
Vista Palm Springs LLC
—
Deed Of Trust
related
$1,925,000 · Wilshire State Bank
—
—
Vista Palm Springs LLC
—
Deed Of Trust
related
$2,000,000 · Woori America Bank
—
—
Vista Investments LLC
—
Deed Of Trust
related
$600,000 · Willson Trust
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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