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Property profile & analytics
OFF-MARKET
Estimated value
$8,370,000
Hotels
3999 Alhambra Ave, Martinez, CA 94553-3819
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-3712682
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1965
Total area
19,580 SF
Lot
1.03 ac (44,867 SF)
APN
370-280-032-1
UPID
US09-3712682
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
$8.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.37M
Owner & transaction history
3999 Alhambra Ave LLC · 2 yrs held
3999 Alhambra Ave LLC
since 2024
Last sale
$8.4M
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 Martinez submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martinez 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
$8,370,000
ML approach
$8,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.37M
Range $7.53M – $9.21M · ±10% · vs last sale $8.37M (Mar 12 2024)
Last sale anchor
$8.37M
Mar 12 2024
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
$427 / 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
$77,923
Tax year 2024
Assessed value
$4,561,600
Assessed 2024
Previous assessed
$4,561,600
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$1,800,000
Assessed improvement
$2,761,600
Applied tax rate
5.0000
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/MOTEL
Status
Off-Market
Year built
1965
Heating
NONE
Stories
1
Units
60
Rooms
60
Total area
19,580 SF
Lot
1.03 ac (44,867 SF)
APN
370-280-032-1
UPID
US09-3712682
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, 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
1965
Heating
NONE
Stories
1
Units
60
Rooms
60
Lot
1.03 ac
Current owner
From public records · entity-resolved
3999 Alhambra Ave LLC
Entity
Mailing address
3999 ALHAMBRA AVE, MARTINEZ, CA 94553-3819
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2024
$8,370,000
3999 Alhambra Ave LLC
Snd Investments LLC
Grant Deed
$5,859,000 · State Bank Of Texas
Feb 15, 2024
—
Snd Investments LLC
—
Deed
related
—
Sep 6, 2023
$4,500,000
Snd Investments LLC
Armaan Investments LLC
Trustees Deed
related
—
Jun 20, 2019
—
Armaan Investments LLC
—
Deed
related
$1,260,000 · Kaushik & Kunal Ved
Jun 4, 2018
—
Armaan Investments LLC
—
Deed
related
$1,200,000 · Kaushik & Kunal Ved
Aug 25, 2017
—
Armaan Investments LLC
—
Deed
related
$400,000 · Kaushik Ved
Jun 27, 2017
—
Armaan Investments LLC
—
Deed
related
$5,601,000 · Meriwest Cu
Jan 9, 2012
—
Armaan Investments LLC
Patel,jashvant M & Hansaben J
Grant Deed
—
Jan 9, 2012
$700,000
Armaan Investments LLC
Shailesh M Patel
Grant Deed
$2,200,000 · Bridge Bank National Association
Feb 7, 2011
—
Shailesh M Patel
Patel,shailesh M & Amita S
Quit Claim Deed
related
—
Jun 8, 1998
$280,000
Sailesh M Patel
Patel,nilesh K & Cillaben
Grant Deed
related
$175,000 · Seller
Dec 23, 1997
—
Ramubhai B Patel
Patel,narbadaben R
Quit Claim Deed
related
—
Dec 23, 1997
$2,000,000
Patel,nilesh K & Cillaben
Patel,chhotubhai B
Trustees Deed
related
$1,800,000 · Coast Commercial Bank
Dec 1, 1987
—
Owner Name Unavailable
—
Grant Deed
related
—
—
—
Armaan Investments LLC
—
Deed Of Trust
related
$600,000 · Mission National Bank
—
—
Shailesh M Patel
—
Deed Of Trust
related
$150,000 · Arvind Ved
—
—
Armaan Investments LLC
—
Deed Of Trust
related
$1,200,000 · Kaushik & Kunal Ved
—
—
Armaan Investments LLC
—
Deed Of Trust
related
$400,000 · Kaushik Ved
—
—
Armaan Investments LLC
—
Deed Of Trust
related
$5,601,000 · Meriwest Cu
—
—
Armaan Investments LLC
—
Deed Of Trust
related
$1,260,000 · Kaushik & Kunal Ved
—
—
Armaan Investments LLC
—
Deed Of Trust
related
$1,500,000 · 1500 Majestic LLC
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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