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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Hotels
354 9th St San Pedro, CA 90731-3744
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8383641
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1929
Construction
WOOD
Total area
7,292 SF
Lot
0.11 ac (5,002 SF)
Zoning code
LAR3
APN
7455-010-005
UPID
US09-8383641
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$611k
Blend (final)
Blend
$595k
Owner & transaction history
Port Ventures INC · 9 yrs held
Port Ventures INC
since 2016
7 recorded transactions
Zoning & alternative use
LAR3 · San Pedro, 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 San Pedro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Pedro 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
$475,000
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$82 / 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
$28,537
Tax year 2024
Assessed value
$2,306,374
Assessed 2024
Previous assessed
$2,306,374
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,137,828
Assessed improvement
$1,168,546
Applied tax rate
13.0000
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
1929
Construction
WOOD
Heating
NONE
Stories
1
Units
31
Bathrooms
31
Total area
7,292 SF
Lot
0.11 ac (5,002 SF)
Zoning code
LAR3
APN
7455-010-005
UPID
US09-8383641
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · San Pedro, CA
Zoning LAR3 · permitted uses
LAR3 · San Pedro, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Pedro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Construction
WOOD
Heating
NONE
Stories
1
Units
31
Bathrooms
31
Lot
0.11 ac
Current owner
From public records · entity-resolved
Port Ventures INC
Entity
Mailing address
17780 FITCH STE #105, IRVINE, CA 92614-2103
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2025
—
Port Ventures INC
—
Deed
related
$1,965,000 · Mission Valley Bank
Sep 29, 2016
$2,027,000
Port Ventures INC
Sea Rock Inn LLC
Grant Deed
$1,771,600 · Mission Valley Bank
Jun 28, 2007
—
Sea Rock Inn LLC
Harvey,john P JR
Grant Deed
—
Oct 27, 2006
—
Step Ents INC
Akhavain,mark
Grant Deed
—
Oct 27, 2006
$1,970,000
John P Harvey JR.
Step Ents INC
Grant Deed
$1,477,500 · Pacific Premier Bank
Jun 10, 2005
—
Mark Akhavain
Akhavain,caroline
Quit Claim Deed
related
$660,000 · Union Bank Of California
Dec 27, 2004
$1,050,000
Step Ents INC
Patel,ninette
Grant Deed
—
Jan 6, 2003
—
Patel,tr
Patel,p
Quit Claim Deed
related
—
Jun 23, 1999
—
Ninette Patel
Patel,m
Quit Claim Deed
related
—
Dec 23, 1998
—
Ninette Patel
Patel,m A
Quit Claim Deed
related
—
Jun 22, 1998
$818,181
Mike Patel
Rtc Commercial Mtg Trustee
Grant Deed
—
Oct 30, 1997
$178,437
First Natinal Bank Trustee
Herrera,geoge
Trustees Deed
related
—
Mar 20, 1997
—
Shiraz Bhagwagar
Vanpool,v C Bail Bonds
Quit Claim Deed
related
—
Feb 3, 1997
$59,998
American Surety Co
Bhagwager,dinshaw & Shiraz
Trustees Deed
—
May 16, 1989
$507,545
Bhagwagar Dinsha
Herrera George
Grant Deed
related
$265,000 · Herrera George
—
—
George Herrera
—
Deed Of Trust
related
$510,000 · Western Federal Savings & Loan
—
—
Ninette Patel
—
Deed Of Trust
related
$232,500 · Far East Capital Corp
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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