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Property profile & analytics
OFF-MARKET
Hotels
49401 Avenida Obregon La Quinta, CA 92253-2554
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-2637014
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1966
Construction
WOOD
Total area
4,326 SF
Lot
0.54 ac (23,522 SF)
Zoning code
R1
APN
658-160-054
UPID
US09-2637014
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
-
La Quinta Resort & Club Pickleball Courts Gym & Fitness Center Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hp Lq Investment LP · 2 yrs held
Hp Lq Investment LP
since 2023
Last sale
$151.2M
6 recorded transactions
Zoning & alternative use
R1 · La Quinta, 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 La Quinta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Quinta 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,961
Tax year 2023
Assessed value
$306,306
Assessed 2023
Previous assessed
$306,306
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$72,930
Assessed improvement
$233,376
Applied tax rate
20.0000
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
1966
Construction
WOOD
Heating
NONE
Stories
2
Total area
4,326 SF
Lot
0.54 ac (23,522 SF)
Zoning code
R1
APN
658-160-054
UPID
US09-2637014
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · La Quinta, CA
Zoning R1 · permitted uses
R1 · La Quinta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Quinta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
Hp Lq Investment LP
Entity
Free & Clear · 2 yrs held
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2023
—
Hp Lq Investment LP
Hp Lq Investment LP
Intrafamily Transfer
related
—
Dec 13, 2021
$151,155,500
Hp Lq Investment LP
Bre Iconic Lor Owner LLC
Grant Deed
$162,000,000 · Morgan Stanley Mortgage Capital Holdings
Dec 18, 2020
—
Bre Iconic Lqr Owner LLC
—
Deed Of Trust
related
$100,000,000 · Areeif Lender LLC
Apr 23, 2018
$148,790,500
Bre Iconic Lqr Owner LLC
Lqr Property LLC
Grant Deed
—
Mar 4, 2013
—
Lqr Property LLC
—
Deed Of Trust
related
$828,000,000 · United Overseas Bank Ltd
Feb 28, 2013
—
Lqr Golf LLC
Msr Desert Resort LP
Quit Claim Deed
related
—
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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