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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Hotels
420 Montecito St Santa Barbara, CA 93101-3879
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3195841
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Lot
0.22 ac (9,583 SF)
APN
037-231-029
UPID
US10-3195841
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
-
Hideaway Santa Barbara, A Kirkwood Collection Property Bed & Breakfast Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Orchid Inn LLC · 8 yrs held
Orchid Inn LLC
since 2018
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 Santa Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
—
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
$36,412
Tax year 2024
Assessed value
$3,438,879
Assessed 2024
Previous assessed
$3,438,879
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,338,621
Assessed improvement
$2,100,258
Applied tax rate
2.0000
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
Heating
NONE
Lot
0.22 ac (9,583 SF)
APN
037-231-029
UPID
US10-3195841
Jurisdiction
SANTA BARBARA
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
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Orchid Inn LLC
Entity
Mailing address
10000 WASHINGTON BLVD, CULVER CITY, CA 90232-2781
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jul 1, 2021
—
Orchid Ll INC
—
Deed
related
$3,200,000 · Poppy Bank
Jun 11, 2020
—
Orchid Inn LLC
—
Deed
related
$2,773,750 · Sun Cmnty FCU
Feb 14, 2020
—
Orchid Inn LLC
—
Deed
related
$1,664,250 · Sun Community FCU
Feb 2, 2018
$2,700,000
Orchid Inn LLC
Riviera California Investments LP
Grant Deed
$1,621,676 · Pacific Premier Bank
Jul 16, 2009
$1,850,000
Riviera California Invs INC
Orchid Inn & Santa Barbara LLC
Grant Deed
—
Apr 12, 2006
$1,408,500
Orchid Inn Of Santa Barbara LLC
Security Fse Thirty Seven INC
Grant Deed
—
Apr 12, 2006
—
Orchid Inn Of Santa Barbara LLC
Spieler,susan
Grant Deed
—
Dec 22, 2005
—
F S E Thirty Seven In Security
Spieler,susan B
Grant Deed
$5,275,000 · Flag Bank
Dec 5, 2003
—
Susan B Spieler
Blue Dolphin Inn
Grant Deed
$815,000 · Goleta National Bank
May 26, 1999
$1,115,000
Blue Dolphin Inn
Crosby,joel S & Byria O
Grant Deed
$650,000 · Imperial Bank
Mar 7, 1994
$630,000
Joel S Crosby
First Fidelity T
Grant Deed
$504,000 · First Fidelity Thrift & Loan
Aug 20, 1993
$630,005
Fidelity Thrift First
Suding,richard A
Trustees Deed
related
—
—
—
Blue Dolphin Inn
—
Deed Of Trust
related
$60,000 · Chiarenza Trust
—
—
Peter Chiarenza
—
Deed Of Trust
related
$6,553 · Thomas M Kiefer
—
—
Richard A Suding
—
Deed Of Trust
related
$5,000 · Individual
—
—
Orchid Inn LLC
—
Deed Of Trust
related
$1,703,000 · Mortgage Cap Dev
—
—
Orchid Inn LLC
—
Deed Of Trust
related
$2,773,750 · Sun Cmnty FCU
—
—
Susan B Spieler
—
Deed Of Trust
related
$200,000 · Ronald L Wolfe & Associates
—
—
Richard A Suding
—
Deed Of Trust
related
$10,000 · Individual
—
—
Richard A Suding
—
Deed Of Trust
related
$20,000 · Individual
—
—
Richard A Suding
—
Deed Of Trust
related
$5,000 · Individual
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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