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Property profile & analytics
OFF-MARKET
Estimated value
$3,825,000
Motels
2015 Monterey St San Luis Obispo, CA 93401-2617
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0985949
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1988
Construction
WOOD
Total area
36,200 SF
Lot
1.92 ac (83,635 SF)
Zoning code
CT
APN
001-075-010
UPID
US09-0985949
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
-
Apple Farm Restaurant Restaurant
-
Apple farm Restaurant
-
Apple Farm Marketplace & Cellar (Bike/Boat/Book/etc) Store
-
Apple Farm Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.03M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.83M
Owner & transaction history
Robin L Rossi Living Trust
Robin L Rossi Living Trust
since 2025
Last sale
$6,000
7 recorded transactions
Zoning & alternative use
CT · San Luis Obispo, 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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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%
$5,445,000
6.5%
$5,030,000
7%
$4,670,000
Blend value · Realmo final
$3.83M
Range $3.44M – $4.21M · ±10% · vs last sale $6k (Sep 4 2020)
Last sale anchor
$6k
Sep 4 2020
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
$106 / 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
$196,835
Tax year 2024
Assessed value
$17,649,405
Assessed 2024
Previous assessed
$17,649,405
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$6,575,116
Assessed improvement
$11,074,289
Applied tax rate
3.0000
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
1988
Construction
WOOD
Heating
NONE
Buildings
2
Rooms
18
Bathrooms
16
Total area
36,200 SF
Lot
1.92 ac (83,635 SF)
Zoning code
CT
APN
001-075-010
UPID
US09-0985949
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CT · San Luis Obispo, CA
Zoning CT · permitted uses
CT · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
NONE
Buildings
2
Rooms
18
Bathrooms
16
Lot
1.92 ac
Current owner
From public records · entity-resolved
Robin L Rossi Living Trust
Trust
Mailing address
750 PISMO ST, SAN LUIS OBISPO, CA 93401-3922
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
The Robin L Rossi Living Trust
—
Deed
related
$15,184,000 · West Coast Community Bank
Sep 18, 2025
—
Robin L Rossi Living Trust
Santa Barbara Pacific LLC
Grant Deed
—
Sep 4, 2020
—
Orka Real Estate Partners LLC
John E King
Quit Claim Deed
related
$15,081,880 · Farmers Ins Grp FCU
May 21, 2019
$6,000
Orka Real Estate Partners LLC
Us Marshal Of San Luis Obispo Cnt|king,john E & Ca
Trustees Deed
—
Jun 30, 2017
—
John E King
—
Loan Modification
related
$16,148,369 · Farmers Ins Grp FCU
Dec 30, 2011
—
John E King
—
Deed Of Trust
related
$17,233,057 · Farmers Insurance Group FCU
Apr 21, 2004
—
John E King
—
Deed Of Trust
related
$19,000,000 · Farmers Insurance Group FCU
Aug 11, 2000
$26,000,000
John E King
Af Partners
Grant Deed
$19,000,000 · Seller
Aug 8, 1994
$1,336,500
Af Partners
Davis,m R & Kath
Grant Deed
related
—
—
—
M R Davis
—
Deed Of Trust
related
$1,000,000 · Mid State Bank
—
—
M R Davis
—
Deed Of Trust
related
$1,000,000 · Mid State Bank
—
—
Davis M Robert
—
Deed Of Trust
related
$220,000 · Central Coast Bank
—
—
Santa-barbara-pacific LLC
—
Loan Modification
related
$19,000,000 · Farmers Ins Grp FCU
—
—
Santa-barbara Pacific LLC
—
Loan Modification
related
$15,081,880 · Farmers Ins Grp FCU
—
—
M R Davis
—
Deed Of Trust
related
$1,000,000 · Mid State Bank
—
—
Af Partners
—
Deed Of Trust
related
$7,000,000 · Wells Fargo 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.
Try Rey
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