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Property profile & analytics
OFF-MARKET
Estimated value
$14,795,000
Hotels
5897 Calle Real Goleta, CA 93117-2346
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3120067
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1966
Total area
21,870 SF
Lot
1.37 ac (59,677 SF)
APN
069-110-052
UPID
US10-3120067
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.94M
Blend (final)
Blend
$14.80M
Owner & transaction history
Kkcd Goleta LLC · 3 yrs held
Kkcd Goleta LLC
since 2022
Last sale
$13.5M
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 Goleta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goleta 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
$18,580,000
ML approach
$11,440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$24,550,000
Current use
OFFICE BUILDING
$22,640,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$14.80M
Range $13.32M – $16.27M · ±10% · vs last sale $13.50M (Oct 7 2022)
Last sale anchor
$13.50M
Oct 7 2022
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
$676 / 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
$172,351
Tax year 2024
Assessed value
$13,766,520
Assessed 2024
Previous assessed
$13,766,520
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$6,120,000
Assessed improvement
$7,646,520
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
Status
Off-Market
Year built
1966
Heating
NONE
Total area
21,870 SF
Lot
1.37 ac (59,677 SF)
APN
069-110-052
UPID
US10-3120067
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$24.6M
OFFICE BUILDING
Est. value
$22.6M
HOTEL/MOTEL Current
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
1966
Heating
NONE
Lot
1.37 ac
Current owner
From public records · entity-resolved
Kkcd Goleta LLC
Entity
Mailing address
1615 ALAMO PL, WEST SACRAMENTO, CA 95691-5161
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2025
—
Kkcd Goleta LLC
—
Deed
related
$11,080,000 · Bank Of Hope
Oct 7, 2022
$13,500,000
Kkcd Goleta LLC
G6 Hospitality Property LLC
Grant Deed
$14,250,000 · State Bank Of Texas
Sep 23, 2021
—
G6 Hospitality Property LLC
—
Deed
related
$685,000,000 · Goldman Sachs Bank USA
Oct 25, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,010,000,000 · Jp Morgan Chase Bk
Nov 6, 2012
—
G6 Hospitality Property LLC
Motel 6 Operating LP
Limited Warranty Deed
$105,000,000 · Jpmorgan Chase Bank NA
Sep 21, 2007
$5,446,000
Motel 6 Operating
Us Bank NA
Grant Deed
—
Sep 21, 2007
$15,000
Us Bank NA
Nh6 Lr I Ltd
Grant Deed
—
—
—
G6 Hospitality Property LLC
—
Deed Of Trust
related
$1,800,000,000 · German American Cap
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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