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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Hotels
250 Monterey Ave Capitola, CA 95010-3358
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0564672
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1990
Construction
WOOD
Total area
5,177 SF
Lot
0.26 ac (11,413 SF)
APN
036-121-38
UPID
US09-0564672
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
-
Inn At Depot Hill Bed & Breakfast Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$680k
Blend (final)
Blend
$610k
Owner & transaction history
Ganesha LLC · 8 yrs held
Ganesha LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$930,000
+92.8%
Auto repair, garage
$920,000
+90.6%
Apartment house (5+ units)
$595,000
+23.3%
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 Capitola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Capitola 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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$485,000
Current use
RESTAURANT
$930,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$920,000
Change: +91% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$595,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$118 / 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
$27,338
Tax year 2024
Assessed value
$2,175,262
Assessed 2024
Previous assessed
$2,175,262
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,003,967
Assessed improvement
$1,171,295
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
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
1990
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
8
Rooms
16
Bathrooms
10
Total area
5,177 SF
Lot
0.26 ac (11,413 SF)
APN
036-121-38
UPID
US09-0564672
Jurisdiction
SANTA CRUZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$485,000
RESTAURANT
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$920,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$595,000
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
8
Rooms
16
Bathrooms
10
Lot
0.26 ac
Current owner
From public records · entity-resolved
Ganesha LLC
Entity
Mailing address
1730 WILLA WAY, SANTA CRUZ, CA 95062-1973
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2018
—
Ganesha LLC
—
Deed
related
$930,000 · Us Small Busn Admn
May 24, 2018
—
Ganesha LLC
Coastal Inns Of Distinction LLC
Correction Deed
related
—
Mar 6, 2018
—
Ganesha LLC
—
Deed
related
$930,000 · Private Individual
Feb 15, 2018
$3,025,000
Ganesha LLC
Coastal Inns Of Distinction LLC
Grant Deed
$1,512,500 · Lighthouse Bank
Feb 15, 2018
—
Sarla M Patel
—
Deed
related
$1,512,500 · Lighthouse Bank
Mar 28, 2017
—
Coastal Inns Of Distinction Ll
—
Grant Deed
related
$3,750,000 · Mercantile Cap
Jul 13, 2010
—
Coastal Inns Of Distinction LLC
—
Deed Of Trust
related
$1,995,000 · First National Bank Central Ca
Apr 26, 2002
—
Coastal Inns Of Distinction Ll
Cypress Gardens Investors
Grant Deed
related
—
Jul 14, 2000
$3,310,000
Gardens Investors Cypress
Renascent INC
Grant Deed
related
$1,422,418 · Seller
—
—
Coastal Inns Of Distinction
—
Loan Modification
related
$2,800,000 · Union Bk
—
—
Renascent INC
—
Deed Of Trust
related
$650,000 · Saratoga National Bank
—
—
Coastal Inns Of Distinction Ll
—
Deed Of Trust
related
$3,834,000 · Mortgage Cap Dev
—
—
Ganesha LLC
—
Deed Of Trust
related
$930,000 · Private Individual
—
—
Ganesha LLC
—
Loan Modification
related
$930,000 · Us Small Busn Admn
—
—
Renascent INC
—
Deed Of Trust
related
$2,975,000 · Sierrawest 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.
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