New search
Property profile & analytics
OFF-MARKET
Estimated value
$21,620,000
Hotels
525 La Palma Ave Anaheim, CA 92801-2432
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2836456
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1976
Total area
51,571 SF
Lot
1.37 ac (59,858 SF)
APN
271-082-27
UPID
US10-2836456
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
-
Tuscany Villas Nursing Home Retirement Community
-
Harbor Heights Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.62M
Owner & transaction history
Kim Chin · 2 yrs held
Kim Chin
since 2023
Last sale
$27.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$35.2M
+31.2%
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 Anaheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anaheim 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
Alternative Use
Use
Estimation
HOTEL/MOTEL
$26,820,000
Current use
RESTAURANT
$35,185,000
Change: +31% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$24,190,000
Change: -10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$23,005,000
Change: -14% · Conversion: Difficult
OFFICE BUILDING
$22,125,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$21.62M
Range $19.46M – $23.78M · ±10% · vs last sale $27.82M (Nov 8 2023)
Last sale anchor
$27.82M
Nov 8 2023
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
$419 / 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
$325,343
Tax year 2024
Assessed value
$27,820,000
Assessed 2024
Previous assessed
$27,820,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$20,842,846
Assessed improvement
$6,977,154
Applied tax rate
1.0000
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
1976
Heating
NONE
Stories
2
Total area
51,571 SF
Lot
1.37 ac (59,858 SF)
APN
271-082-27
UPID
US10-2836456
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, 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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$26.8M
RESTAURANT
Est. value
$35.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$24.2M
AUTO REPAIR, GARAGE
Est. value
$23.0M
OFFICE BUILDING
Est. value
$22.1M
HOTEL/MOTEL Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Stories
2
Lot
1.37 ac
Current owner
From public records · entity-resolved
Kim Chin
Individual
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2023
$27,820,000
Kim Chin
Iborrow 525 W La Palma Owner LLC
Grant Deed
$17,000,000 · Us Metro Bank
Jun 1, 2022
—
Iborrow 525 W La Palma Owner LLC
—
Deed
related
$10,000,000 · Lone Oak Fund LLC
Oct 2, 2019
—
Iborrow 525 W La Palma Owner L
Iborrow 525 W La Palma Owner
Quit Claim Deed
related
$5,000,000 · Lone Oak Fund
Sep 10, 2019
—
Continental General Ins Co
Iborrow 525 W La Palma Owner L
Quit Claim Deed
—
Jul 12, 2019
$13,000,000
Iborrow 525 W La Palma Owner L
Fidelity National Title C|azure La Palma Royale Pt
Trustees Deed
related
—
Jul 3, 2019
$632,000
Hancock INC
Global Lien Services|azure Leisure Living LLC
Trustees Deed
related
—
Jan 22, 2018
—
Azure La Plama Royale Partner
—
Deed
related
$500,000 · Yong W Cho
Oct 19, 2016
—
Shuo Wang
Water Dragon Investment LLC
Quit Claim Deed
—
Oct 19, 2016
$21,000,000
Azure La Palma Royale Ptrs LLC
Water Dragon Investment LLC
Grant Deed
$13,500,000 · Iborrow Fin Loan Fund I LP
Apr 30, 2014
—
Water Dragon Investment LLC
La Palma Royale LLC
Grant Deed
$4,712,500 · Comerica Bank
Feb 16, 2010
$6,116,650
La Palma Royale LLC
Td Service Co
Trustees Deed
related
—
Nov 4, 2008
—
Palmer Corpe Unlimited
Palmer Corp Unlimited
Quit Claim Deed
related
—
Dec 27, 2006
—
Palmer Corp Unlimited
Mj Generation LLC
Grant Deed
—
Aug 2, 2006
$3,327,500
Mj Generation LLC
Senior Choice Assisted Living
Grant Deed
$7,470,000 · Senior Choice Assisted Living
Mar 8, 2005
—
Senior Choice Assisted Living
Duong,van
Grant Deed
—
Jun 12, 2003
—
Doung,van
Nguyen,hung H
Quit Claim Deed
related
$2,000,000 · Overland Financial Co LLC
Feb 19, 1999
—
Royale Guest Home Of Anaheim
—
Deed Of Trust
related
$34,620,000 · Union Bank Of California
—
—
Water Dragon Investment LLC
—
Loan Modification
related
$1,087,500 · Comerica Bk
—
—
Azure La Plama Royale Partner
—
Deed Of Trust
related
$500,000 · Yong W Cho
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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