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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Motels
201 Broadway Santa Monica, CA 90401-2311
Entity Owned
6-yr Hold
Free & Clear
Property ID
US10-0305301
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1928
Construction
TILT-UP CONCRETE
Total area
53,373 SF
Lot
0.34 ac (15,013 SF)
Zoning code
SMBSC2*
APN
4291-016-013
UPID
US10-0305301
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
-
Hotel Carmel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
201 Broadway LLC · 6 yrs held
201 Broadway LLC
since 2019
7 recorded transactions
Zoning & alternative use
SMBSC2* · Santa Monica, 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 Santa Monica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Monica 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
$45 / 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
$260,815
Tax year 2024
Assessed value
$19,560,359
Assessed 2024
Previous assessed
$19,560,359
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$7,219,059
Assessed improvement
$12,341,300
Applied tax rate
8.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
93
Total area
53,373 SF
Lot
0.34 ac (15,013 SF)
Zoning code
SMBSC2*
APN
4291-016-013
UPID
US10-0305301
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SMBSC2* · Santa Monica, CA
Zoning SMBSC2* · permitted uses
SMBSC2* · Santa Monica, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Monica. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
93
Lot
0.34 ac
Current owner
From public records · entity-resolved
201 Broadway LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 10783, BEVERLY HILLS, CA 90213-3783
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2019
—
201 Broadway LLC
Kumetz Aaron & Renee F/
Quit Claim Deed
—
Jun 25, 2019
$4,360,000
Kumetz,a & R Fam Survivors Trust
Tabak Rebeca Living Trust
Grant Deed
—
Jun 25, 2019
—
Tabak,rebeca Living Trust
Tabak,rebeca
Affidavit Of Death
—
Sep 5, 2017
—
Kumetz,aaron & Renee Family Trust
Kumetz Aaron & Renee Trust
Quit Claim Deed
related
—
Aug 29, 2017
—
Renee A Kumetz
Kumetz,aaron
Affidavit Of Death
related
—
Aug 7, 2014
—
Tabak,rebeca Living Trust
Tabak,rebeca
Quit Claim Deed
related
—
Jul 14, 2014
—
Lee,nancy F Trust
Kumetz Aaron & Renee Trust
Grant Deed
—
Feb 21, 2014
$1,364
Kumetz,aaron & R Family Trust
Weisman,isaac K
Grant Deed
—
Feb 21, 2014
—
Kumetz,aaron & R Family Trust
Carmel Hotel Ents INC
Quit Claim Deed
related
—
Dec 23, 2009
—
Kumetz Aaron & R Family Trust
Kumetz,aaron
Quit Claim Deed
related
—
Dec 14, 2009
—
Aaron Kumetz
Kraus Margarith Trust
Quit Claim Deed
related
—
Aug 17, 1999
—
Kumetz,aaron & Renee Tr
—
Deed Of Trust
related
—
Mar 22, 1968
—
Margarita Kraus
—
Grant Deed
related
—
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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