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Property profile & analytics
FOR SALE
Motels
301 North Montgomery St Ojai, CA 93023
Entity Owned
6-yr Hold
Free & Clear
Property ID
US10-1037472
For Sale
1 / 9
$6,000,000
301 North Montgomery St, Ojai, CA 93023
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2006
Total area
7,129 SF
Lot
0.37 ac (16,117 SF)
Zoning code
C1
APN
021-0-081-070
UPID
US10-1037472
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
-
A Place to Grow Preschool High School Daycare Center
-
Ojai Management Property Management Company
-
Su Nido Inn | Downtown Ojai Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
$825k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
Su Nido Family Ptshp LP · 6 yrs held
Su Nido Family Ptshp LP
since 2020
1 recorded transaction
Zoning & alternative use
C1 · Ojai, 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 Ojai submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ojai 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
$455,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$825,000
7%
$765,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,065,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,000,000
Change: 0% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$560,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$90 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$28,504
Tax year 2023
Assessed value
$2,093,574
Assessed 2024
Previous assessed
$2,020,661
+3.6% YoY
Effective rate
1.36%
On assessed value
Assessed land
$198,773
Assessed improvement
$1,894,801
Applied tax rate
2.0000
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
For Sale
Year built
2006
Heating
NONE
Total area
7,129 SF
Lot
0.37 ac (16,117 SF)
Zoning code
C1
APN
021-0-081-070
UPID
US10-1037472
Jurisdiction
VENTURA
Zoning & alternative use
C1 · Ojai, CA
Zoning C1 · permitted uses
C1 · Ojai, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ojai. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$560,000
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Heating
NONE
Lot
0.37 ac
Current owner
From public records · entity-resolved
Su Nido Family Ptshp LP
Entity
Free & Clear · 6 yrs held
Mailing address
1122 PEACOCK CRK DR, CLAYTON, CA 94517-2202
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2020
$92,727
Su Nido Family Ptshp LP
Larner B C & W 1996 F Trust
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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