Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,260,000
Hotels
4055 Palos Verdes St Las Vegas, NV 89119-6952
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US62-0939402
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2009
Construction
FRAME
Total area
78,089 SF
Lot
1.01 ac (43,996 SF)
APN
162-15-401-013
UPID
US62-0939402
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
-
Four Points by Sheraton Las Vegas East Flamingo Hotel & Motel
-
Doubletree by Hilton Las Vegas East Flamingo Hotel & Motel
-
Westland Plaza Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.31M
Blend (final)
Blend
$5.26M
Owner & transaction history
Onto J P Sethi · 12 yrs held
Onto J P Sethi
since 2014
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 Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas 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
$5.26M
Range $4.73M – $5.79M · ±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
$67 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$78,110
Tax year 2023
Assessed value
$5,776,600
Assessed 2024
Previous assessed
$5,201,326
+11.1% YoY
Effective rate
1.35%
On assessed value
Assessed land
$586,950
Assessed improvement
$5,189,650
Land market value
$1,677,000
Improvement market value
$14,827,571
Total market value
$16,504,571
Applied tax rate
470.0000
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
2009
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
5
Units
129
Total area
78,089 SF
Lot
1.01 ac (43,996 SF)
APN
162-15-401-013
UPID
US62-0939402
Jurisdiction
CLARK
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
2009
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
5
Units
129
Lot
1.01 ac
Current owner
From public records · entity-resolved
Onto J P Sethi
Individual
Mailing address
6100 INNOVATION WAY, CARLSBAD, CA 92009-1728
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2021
—
J P Sethi
—
Deed
related
$1,908,000 · Pacific Coast Bankers Bank
Sep 7, 2016
—
J P Sethi
—
Deed
related
$7,000,000 · Wells Fargo Bank NA
May 9, 2014
$8,600,000
Onto J P Sethi
First Credit Bank
Bargain And Sale Deed
—
Dec 7, 2012
—
First Credit Bk
Holiday Capital Group LLC
Quit Claim Deed
related
—
Nov 6, 2012
$1,000,000
First Credit Bk
Chicago Title Of Nevada INC
Trustees Deed
related
—
Sep 28, 2007
—
Flamingo Structures LLC
—
Grant Deed
related
$21,500,000 · Cathay Bank
Jul 29, 2005
$3,700,000
Flamingo Structures LLC
Nevada Restaurant Authority Ll
Grant Deed
$2,775,000 · Nevada Commerce Bank
Jul 28, 2004
$1,300,000
Nevada Restaurant Authority
Hamada INC
Grant Deed
—
May 24, 1995
$1,200,000
Hamada INC
Okamoto,masaaki
Trustees Deed
$700,000 · Bank Of America Nevada
May 24, 1995
$900,000
Hamada INC
Okamoto,masaaki
Trustees Deed
—
Oct 8, 1992
$900,000
Masaaki Okamoto
Unknown
Grant Deed
—
—
—
Flamingo Structures LLC
—
Deed Of Trust
related
$8,000,000 · Cathay Bank
—
—
Hamada INC
—
Deed Of Trust
related
$500,000 · Nevada State Bank
—
—
Nevada Restaurant Authority Ll
—
Deed Of Trust
related
$1,000,000 · Martin Kehoe
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4055 Palos Verdes St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
