New search
Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Motels
2154 Newport Blvd, Costa Mesa, CA 92627-1710
Trust Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1269660
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1951
Total area
5,276 SF
Lot
0.5 ac (21,819 SF)
APN
426-121-41
UPID
US09-1269660
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
-
Newport Bay Inn Hotel & Motel
-
Adityam Info Analytics Industrial Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$403k
Blend (final)
Blend
$575k
Owner & transaction history
Patel,balubhai Trust · 9 yrs held
Patel,balubhai Trust
since 2017
7 recorded transactions
Zoning & alternative use
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 Costa Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Costa Mesa 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
$585,000
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$680,000
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
$109 / 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
$17,636
Tax year 2024
Assessed value
$1,433,510
Assessed 2024
Previous assessed
$1,433,510
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,016,271
Assessed improvement
$417,239
Applied tax rate
15.0000
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
1951
Heating
NONE
Stories
1
Total area
5,276 SF
Lot
0.5 ac (21,819 SF)
APN
426-121-41
UPID
US09-1269660
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1951
Heating
NONE
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Patel,balubhai Trust
Trust
Free & Clear · 9 yrs held
Mailing address
255 S RENO ST, LOS ANGELES, CA 90057-1111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2017
—
Patel,balubhai Trust
Patel,balubhai
Quit Claim Deed
related
—
Nov 5, 2014
—
Patel,balubhai
Patel,hemlataben B
Quit Claim Deed
related
$750,000 · Bbcn Bk
Aug 1, 2014
$1,162,500
Balubhai Patel
Valdivia Family Trust
Grant Deed
$1,142,500 · Kudali Research & Dev INC
Aug 1, 2014
—
Valdivia Family Trust
Valdivia,denise W
Quit Claim Deed
related
—
Jan 29, 2009
—
Valdivia Family Trust
Valdivia,rudy
Quit Claim Deed
related
—
Oct 28, 2008
—
Rudy Valdivia
Williams,tiffany
Quit Claim Deed
related
—
May 8, 2008
—
Tiffany Williams
Valdivia,raul R
Grant Deed
—
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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