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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Hotels
4961 Newport Ave San Diego, CA 92107-3112
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8316289
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1930
Total area
6,016 SF
Lot
0.16 ac (7,164 SF)
Zoning code
COMMERCIAL
APN
448-182-21-00
UPID
US09-8316289
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
-
Samesun Ocean Beach - San Diego Hostel
-
OB Hostel Hostel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Hb Hostel LLC · 6 yrs held
Hb Hostel LLC
since 2020
Last sale
$431,000
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, 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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
$520,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$570,000
7%
$530,000
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $431k (May 12 2020)
Last sale anchor
$431k
May 12 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
$86 / 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
$23,665
Tax year 2024
Assessed value
$1,822,741
Assessed 2024
Previous assessed
$1,822,741
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,501,081
Assessed improvement
$321,660
Applied tax rate
8.0000
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
1930
Heating
NONE
Units
28
Total area
6,016 SF
Lot
0.16 ac (7,164 SF)
Zoning code
COMMERCIAL
APN
448-182-21-00
UPID
US09-8316289
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Units
28
Lot
0.16 ac
Current owner
From public records · entity-resolved
Hb Hostel LLC
Entity
Mailing address
1310 VIS DEL MONTE DR, EL CAJON, CA 92020-6838
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2022
—
Hb Hostel LLC
—
Deed
related
$1,900,000 · Cbc FCU
Sep 25, 2020
—
Hb Hostel LLC
—
Deed
related
$1,915,200 · My Point Cu Sd
May 12, 2020
$431,000
Hb Hostel LLC
Dr Hostels LLC
Grant Deed
$22,933 · Jennifer Reuter
Sep 18, 2014
$1,500,000
Dr Hostels LLC
Asher John C Trust
Grant Deed
$220,000 · Asher John C Trust (pt)
Jul 13, 2009
—
Asher John C Trust
Asher,john C
Quit Claim Deed
related
—
Dec 8, 1994
$370,000
Asher,john C
Presidential Mortgage Co ,
Trustees Deed
—
Sep 23, 1992
$713,446
Presidential Mtg Co
Anesthesia,servi
Trustees Deed
related
—
—
—
John C Asher
—
Deed Of Trust
related
$148,000 · Pacific Thrift & Loan Co
—
—
John C Asher
—
Deed Of Trust
related
$148,000 · Presidential Mortgage Corp
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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