Back to Search
Property profile & analytics
OFF-MARKET
Hotels
202 Is Ave San Diego, CA 92101-6826
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7700020
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1993
Lot
0.57 ac (24,829 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
535-073-12-00
UPID
US09-7700020
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
-
Hutchison Image Studio Photography Service (Bike/Boat/Book/etc) Store
-
Island Flats Apartment Building Indoor Lodging
-
SHOCKPROOF Clothing Store
-
Sun & Sky Appliance repair Home Appliance Store
-
Gaslamp Hotel Management Inc Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Island Inn LP · 15 yrs held
Island Inn LP
since 2011
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, 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 Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
—
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
$26,352
Tax year 2024
Assessed value
$10,888,661
Assessed 2024
Previous assessed
$10,888,661
+0.0% YoY
Effective rate
0.24%
On assessed value
Assessed land
$2,740,209
Assessed improvement
$8,148,452
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1993
Heating
NONE
Units
198
Lot
0.57 ac (24,829 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
535-073-12-00
UPID
US09-7700020
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Units
198
Lot
0.57 ac
Current owner
From public records · entity-resolved
Island Inn LP
Entity
Mailing address
315 4TH AVE, SAN DIEGO, CA 92101-6901
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2020
—
Island Inn LP
—
Deed
related
$9,500,000 · Newmark Knight Frank
Nov 20, 2018
—
Island Inn LP
—
Deed
related
$8,500,000 · Federal Hm Ln Mtg
Nov 16, 2018
—
Island Inn L P
—
Deed
related
$2,750,000 · San Diego Housing Commission
Jan 18, 2011
—
Island Inn LP
197 Partners
Grant Deed
$8,500,000 · Deutsche Bank Berkshire Mortgage In
Oct 12, 2007
—
197 Ptrs
Owner Name Unavailable
Grant Deed
related
—
Mar 6, 1991
—
197 Partners
—
Grant Deed
related
$4,900,000 · Union Bank
Jan 5, 1990
$687,500
197 Partners
Dubroff Robbie L
Grant Deed
—
—
—
Island Inn LP
—
Loan Modification
related
$8,500,000 · Federal Hm Ln Mtg
—
—
Island Inn LP
—
Deed Of Trust
related
$9,500,000 · Newmark Knight Frank
—
—
197 Partners
—
Deed Of Trust
related
$2,392,000 · Redevelopment Agency
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 202 Is Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
