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Property profile & analytics
OFF-MARKET
Estimated value
$5,600,000
Hotels
355 Arenas Rd Palm Springs, CA 92262-6307
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2138195
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1938
Construction
WOOD
Total area
2,529 SF
Lot
0.16 ac (6,969 SF)
Zoning code
R3
APN
513-151-002
UPID
US09-2138195
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
-
Henson Group Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.21M
Blend (final)
Blend
$5.60M
Owner & transaction history
Talavera Management LLC · 6 yrs held
Talavera Management LLC
since 2020
Last sale
$4.3M
4 recorded transactions
Zoning & alternative use
R3 · Palm Springs, 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 Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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
$5,600,000
ML approach
$5,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.60M
Range $5.04M – $6.16M · ±10% · vs last sale $4.30M (Aug 10 2020)
Last sale anchor
$4.30M
Aug 10 2020
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
$2,214 / 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
$22,953
Tax year 2024
Assessed value
$1,825,277
Assessed 2024
Previous assessed
$1,825,277
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$286,526
Assessed improvement
$1,538,751
Applied tax rate
11.0000
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
1938
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
2
Bathrooms
3
Total area
2,529 SF
Lot
0.16 ac (6,969 SF)
Zoning code
R3
APN
513-151-002
UPID
US09-2138195
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Palm Springs, CAZoning R3 · permitted uses
R3 · Palm Springs, CA
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
1938
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
2
Bathrooms
3
Lot
0.16 ac
Current owner
From public records · entity-resolved
Talavera Management LLC
Entity
Mailing address
1303 AVOCADO AVE STE #200, NEWPORT BEACH, CA 92660-7849
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2022
—
Talavera Management LLC
—
Deed
related
$2,500,000 · First Republic Bank
Aug 10, 2020
$4,300,000
Talavera Management LLC
375 W Arenas Avi Ross LLC
Grant Deed
$2,365,000 · Farmers & Merchants Nat'l Bk
Sep 15, 2017
$900,000
355 W Arenas Avi-ross LLC
Kramer,larry L & Sharon A
Grant Deed
$730,000 · Farmers & Merchants Bk/lng Bch
May 24, 1993
$160,000
Larry L Kramer
Vivian,benjamin
Grant Deed
—
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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