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Property profile & analytics
OFF-MARKET
Estimated value
$7,980,000
Motels
2515 Pacific Coast Hwy Hermosa Beach, CA 90254-2754
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0057328
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1990
Construction
WOOD
Total area
37,620 SF
Lot
0.64 ac (27,668 SF)
Zoning code
HBC3
APN
4184-016-051
UPID
US10-0057328
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.37M
Blend (final)
Blend
$7.98M
Owner & transaction history
Iwf Hotel Hermosa LP · 11 yrs held
Iwf Hotel Hermosa LP
since 2014
7 recorded transactions
Zoning & alternative use
HBC3 · Hermosa Beach, 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 Hermosa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hermosa Beach 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.98M
Range $7.18M – $8.78M · ±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
$212 / 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
$195,281
Tax year 2024
Assessed value
$17,363,197
Assessed 2024
Previous assessed
$17,363,197
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$5,302,278
Assessed improvement
$12,060,919
Applied tax rate
4.0000
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
1990
Construction
WOOD
Heating
NONE
Stories
1
Units
80
Total area
37,620 SF
Lot
0.64 ac (27,668 SF)
Zoning code
HBC3
APN
4184-016-051
UPID
US10-0057328
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HBC3 · Hermosa Beach, CA
Zoning HBC3 · permitted uses
HBC3 · Hermosa Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hermosa Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
NONE
Stories
1
Units
80
Lot
0.64 ac
Current owner
From public records · entity-resolved
Iwf Hotel Hermosa LP
Entity
Mailing address
1933 CLF DR STE #1, SANTA BARBARA, CA 93109-1502
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2017
—
Iwf Hotel Hermosa LP
—
Deed
related
$15,000,000 · East West Bank
Oct 31, 2014
—
Iwf Hotel Hermosa LP
Hermosa Enerprises INC
Grant Deed
$7,000,000 · California United Bank
Aug 6, 2013
—
Hermosa Ents INC
Chang,cheng Y & Ying T C
Quit Claim Deed
—
Aug 1, 2013
—
Hermosa Ents INC
Chang,cheng Y & Ying Y C
Quit Claim Deed
—
Dec 28, 2012
—
Cheng Y Chang
Chang,cheng Y & Ying Y C
Quit Claim Deed
related
—
—
—
Cheng Y Chang
—
Deed Of Trust
related
$2,850,000 · Cathay Bank
—
—
Cheng Y Chang
—
Deed Of Trust
related
$1,500,000 · Cathay Bank
—
—
Cheng Y Chang
—
Deed Of Trust
related
$2,650,000 · Cathay Bank
—
—
Cheng Y Chang
—
Deed Of Trust
related
$2,000,000 · Cathay Bank
—
—
Cheng Y Chang
—
Deed Of Trust
related
$1,500,000 · Cathay Bank
—
—
Cheng-yi Chang
—
Deed Of Trust
related
—
—
—
Chent Y Chang
—
Deed Of Trust
related
$3,555,039 · Sumitomo Bank Of California
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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