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Property profile & analytics
OFF-MARKET
Estimated value
$15,470,000
Hotels
2719 K St Sacramento, CA 95816-5113
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3289369
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1928
Construction
CONCRETE
Total area
86,087 SF
Lot
0.26 ac (11,326 SF)
Zoning code
C-2-SPD
APN
007-0111-015-0000
UPID
US09-3289369
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
-
Sacramento convention center Community Center
-
Eastern Star Building Volunteer Organization Community Center
-
Star Lounge Restaurant
-
Hyatt House Sacramento / Midtown Hotel & Motel
-
Eastern Star Hall Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.03M
Comparable Approach
Comparable
$9.90M
Blend (final)
Blend
$15.47M
Owner & transaction history
2719 K Street LLC · 7 yrs held
2719 K Street LLC
since 2019
3 recorded transactions
Zoning & alternative use
C-2-SPD · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$24.7M
+8.4%
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 Sacramento submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sacramento 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%
$20,610,000
6.5%
$19,025,000
7%
$17,665,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$22,780,000
Current use
OFFICE BUILDING
$24,695,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$22,690,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$22,315,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$22,025,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$15.47M
Range $13.92M – $17.02M · ±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
$180 / 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
$417,652
Tax year 2024
Assessed value
$35,964,849
Assessed 2024
Previous assessed
$35,964,849
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,367,057
Assessed improvement
$34,597,792
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1928
Construction
CONCRETE
Heating
NONE
Stories
8
Total area
86,087 SF
Lot
0.26 ac (11,326 SF)
Zoning code
C-2-SPD
APN
007-0111-015-0000
UPID
US09-3289369
Jurisdiction
SACRAMENTO
Zoning & alternative use
C-2-SPD · Sacramento, CA
Zoning C-2-SPD · permitted uses
C-2-SPD · Sacramento, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sacramento. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$22.8M
OFFICE BUILDING
Est. value
$24.7M
COMMERCIAL (GENERAL)
Est. value
$22.7M
RETAIL STORES
Est. value
$22.3M
AUTO REPAIR, GARAGE
Est. value
$22.0M
HOTEL/MOTEL Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1928
Construction
CONCRETE
Heating
NONE
Stories
8
Lot
0.26 ac
Current owner
From public records · entity-resolved
2719 K Street LLC
Entity
Free & Clear · 7 yrs held
Mailing address
11444 W OLYMPIC BLVD, LOS ANGELES, CA 90064-1549
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2019
—
2719 K Street LLC
—
Trustees Deed
related
$26,700,000 · Hall Sacramento LLC
Mar 1, 2019
$5,000,000
2719 K Street LLC
Roth,thomas A
Grant Deed
—
May 14, 2013
$800,000
Thomase A Roth
Eastern Star Hall Assn
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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