New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,200,000
Motels
3205 Hbr Blvd, Costa Mesa, CA 92626-2508
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US09-3081368
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1970
Total area
43,836 SF
Lot
2.49 ac (108,268 SF)
APN
139-641-04
UPID
US09-3081368
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
-
Vagabond Inn Costa Mesa Hotel & Motel
-
Secresy Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.62M
Blend (final)
Blend
$3.20M
Owner & transaction history
Kola Hotel LLC · 21 yrs held
Kola Hotel LLC
since 2005
7 recorded transactions
Zoning & alternative use
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 Costa Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Costa Mesa 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
$3.20M
Range $2.88M – $3.52M · ±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
$73 / 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
$114,426
Tax year 2024
Assessed value
$9,308,447
Assessed 2024
Previous assessed
$9,308,447
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,856,901
Assessed improvement
$5,451,546
Applied tax rate
15.0000
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
1970
Heating
NONE
Stories
2
Total area
43,836 SF
Lot
2.49 ac (108,268 SF)
APN
139-641-04
UPID
US09-3081368
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
2
Lot
2.49 ac
Current owner
From public records · entity-resolved
Kola Hotel LLC
Entity
Mailing address
3205 HBR BLVD, COSTA MESA, CA 92626-2508
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2021
—
Kola Hotel LLC
—
Deed
related
$4,550,000 · State Bank Of India California
Nov 20, 2018
—
Kola Hotel LLC
—
Deed
related
$700,000 · Rajiv & Anjanaben Desai
Apr 18, 2005
—
Kola Hotel LLC
Patel,prakashkumar L
Grant Deed
$4,750,000 · Wilshire State Bank
May 18, 2001
—
Prakashkumar Patel
—
Grant Deed
related
—
—
—
Prakashkumar L Patel
—
Deed Of Trust
related
$1,300,000 · Wilshire State Bank
—
—
Kola Hotel LLC
—
Deed Of Trust
related
$5,000,000 · State Bank Of India
—
—
Kola Hotel LLC
—
Deed Of Trust
related
$200,000 · Rajiv & Anjanaben Desai
—
—
Kola Hotel LLC
—
Deed Of Trust
related
$700,000 · Rajiv & Anjanaben Desai
—
—
Prakashkumar L Patel
—
Deed Of Trust
related
$2,200,000 · Wilshire State Bank
—
—
Kola Hotel LLC
—
Deed Of Trust
related
$5,000,000 · Rajiv T & Anjanaben R Desai
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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