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Property profile & analytics
OFF-MARKET
Hotels
3160 8th St Los Angeles, CA 90005-1905
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-7484684
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1965
Construction
TILT-UP CONCRETE
Total area
18,471 SF
Lot
0.18 ac (7,979 SF)
Zoning code
LAC2
APN
5094-016-013
UPID
US09-7484684
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
-
Palga Grand Hotel Hotel & Motel
-
Hometel Suites Hotel & Motel
-
Ondal Crab House (온달) Restaurant
-
AWD Rental Cars Car Rental Facility
-
Gris Azul Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Prince & Niomi Hospitality INC · 1 yrs held
Prince & Niomi Hospitality INC
since 2025
Last sale
$8.5M
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, 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 Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$88,769
Tax year 2024
Assessed value
$7,248,083
Assessed 2024
Previous assessed
$7,248,083
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$6,175,882
Assessed improvement
$1,072,201
Applied tax rate
6.0000
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
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
41
Total area
18,471 SF
Lot
0.18 ac (7,979 SF)
Zoning code
LAC2
APN
5094-016-013
UPID
US09-7484684
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
41
Lot
0.18 ac
Current owner
From public records · entity-resolved
Prince & Niomi Hospitality INC
Entity
Mailing address
3160 W 8TH ST, LOS ANGELES, CA 90005-1905
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
40 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2025
$8,500,000
Prince & Niomi Hospitality INC
3160 Gps LLC
Grant Deed
$4,500,000 · 3160 Gps LLC
Apr 23, 2025
—
Hwa Chong Kang
David S Kang
Deed
—
Mar 14, 2025
$1,000,000
Hwa Chong Kang
3160 8th LLC
Trust Deed
related
—
Jul 9, 2024
—
3160 8th LLC
—
Deed
related
$400,000 · Han Jiun Shin
Feb 9, 2023
—
3160 8th LLC
—
Deed
related
$1,000,000 · Solomon Ko Etal
Jan 10, 2023
—
3160 8th LLC
—
Deed
related
$3,200,000 · Hwa Chong Kang
Oct 26, 2022
—
3160 8 Th LLC
—
Deed
related
$300,000 · Han Jiun Shin
Apr 29, 2022
—
3160 8th LLC
—
Deed
related
$600,000 · Dong Ji Ko Etal
Jan 3, 2020
—
3160 8th LLC
—
Deed
related
$300,000 · Llyod M SR & Sylvia K Kang
Dec 26, 2019
—
3160 8th LLC
—
Deed
related
$1,234,000 · General Business Credit General Business Credit
Nov 27, 2019
$6,760,000
3160 8th LLC
Lloyd M Kang SR.
Grant Deed
$5,000,000 · Shinhan Bank America
Nov 27, 2019
—
3160 8th LLC
—
Deed
related
$850,000 · Lloyd M SR & Sylvia K Kang
Mar 29, 2019
—
Lloyd M Kang SR.
—
Deed
related
$3,225,000 · Woori America Bank
May 22, 2012
—
Kang Family Trust
Kang Family Trust
Quit Claim Deed
related
$3,900,000 · Hana Small Busn Lndg
Sep 25, 2008
—
Kang Family Trust
Kang,lloyd SR & Sylvia
Quit Claim Deed
related
—
May 15, 2003
$1,850,000
Lloyd Kang
Park,chun J & Kyung J
Grant Deed
$1,460,000 · Hamni Bank
Sep 17, 1998
$166,636
Chun J Park
Song,duk K & Nyon J
Grant Deed
—
Dec 18, 1996
$140,000
Chun J Park
Kern,jeff O
Grant Deed
related
—
Jul 17, 1996
$140,000
Jeff O Kern
Park,chun J & Kyung J
Grant Deed
—
Oct 27, 1995
$103,500
Duk K Song
Park,chun J & Kyung J
Grant Deed
related
$120,000 · Individual
Jun 1, 1995
$810,000
Chun J Park
Government Funding Ca Bus&ind
Grant Deed
$500,000 · Government Funding Ca Bus&ind
Mar 4, 1994
$105,000
Soon C Bae
Kiroko,takeshi &
Grant Deed
$73,500 · Seller
Dec 21, 1990
$1,700,000
Lee,kwang S & Yu
1031 Tax Deferre
Trustees Deed
—
Dec 21, 1990
$90,000
1031 Tax Deferre
Kim Young H
Trustees Deed
related
—
Dec 22, 1989
—
Young H Kim
Kim
Quit Claim Deed
related
—
—
—
Lloyd Kang SR.
—
Deed Of Trust
related
$2,940,000 · Commonwealth Business Bank
—
—
3160 8th LLC
—
Deed Of Trust
related
$300,000 · Llyod M SR & Sylvia K Kang
—
—
Kwang S Lee
—
Deed Of Trust
related
$950,000 · Foothill Thrift & Loan
—
—
Kang Family Trust
—
Deed Of Trust
related
$312,000 · United Central Bank
—
—
Lloyd Kang
—
Deed Of Trust
related
$200,000 · La Capital Bank INC
—
—
Chun J Park
—
Deed Of Trust
related
$500,000 · Pacific Union Bank
—
—
Lloyd Kang SR.
—
Deed Of Trust
related
$500,000 · Hanmi Bank
—
—
Kwang S Lee
—
Deed Of Trust
related
—
—
—
3160 8th LLC
—
Deed Of Trust
related
$850,000 · Lloyd M SR & Sylvia K Kang
—
—
3160 8th LLC
—
Deed Of Trust
related
$1,234,000 · General Business Credit General Business Credit
—
—
Lloyd Kang SR.
—
Deed Of Trust
related
$3,720,000 · Commonwealth Business Bank
—
—
Kwang S Lee
—
Deed Of Trust
related
—
—
—
Lloyd Kang SR.
—
Deed Of Trust
related
$2,300,000 · Commonwealth Business Bank
—
—
Kwang S Lee
—
Deed Of Trust
related
$265,000 · Imperial Thrift & Loan
—
—
Kwang S Lee
—
Deed Of Trust
related
$200,000 · Individual
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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