Property profile

321 Ocean Blvd Pismo Beach, CA 93449

OFF-MARKET
Motels
Property ID
US09-1218657
1,259 SF 0.22 ac lot Built 1949
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1949
Construction WOOD
Total area 1,259 SF
Lot 0.22 ac (9,450 SF)
Zoning code R4
APN 005-171-032
UPID US09-1218657

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

321 Ocean Blvd Pismo Beach, CA 93449
Pismo Beach metro Census 11704 SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.55M

Owner & transaction history

since 2022
Last sale
$6.1M
4 recorded transactions
2023
Price N/A
2022
$6.1M
2014
Price N/A
2005
Price N/A

Zoning & alternative use

R4 · Pismo Beach, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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