Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$15,740,000
Hotels
621 Hwy 101 Solana Beach, CA 92075-2215
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9122365
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2001
Total area
42,368 SF
Lot
0.81 ac (35,283 SF)
Zoning code
COMMERCIAL
APN
298-211-88-00
UPID
US09-9122365
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
-
Holiday Inn Express & Suites Solana Beach-del Mar Hotel & Motel
-
Parking Garage Parking Lot & Garage
-
Global NLP Training Training Center Vocational School
-
Holiday Inn Express & Suites Solana Beach-del Mar, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.70M
Comparable Approach
Comparable
$16.40M
Blend (final)
Blend
$15.74M
Owner & transaction history
Solana Beach Hospitality LLC · 3 yrs held
Solana Beach Hospitality LLC
since 2023
Last sale
$15.5M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Solana Beach, CA
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 Solana Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solana Beach 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
$15,565,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,590,000
6.5%
$10,700,000
7%
$9,935,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$22,530,000
Current use
MEDICAL BUILDING
$20,105,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$15.74M
Range $14.17M – $17.31M · ±10% · vs last sale $15.50M (Mar 6 2023)
Last sale anchor
$15.50M
Mar 6 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
$372 / 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
$185,745
Tax year 2024
Assessed value
$15,442,800
Assessed 2024
Previous assessed
$15,442,800
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$7,140,000
Assessed improvement
$8,302,800
Applied tax rate
18.0000
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
2001
Heating
NONE
Units
80
Total area
42,368 SF
Lot
0.81 ac (35,283 SF)
Zoning code
COMMERCIAL
APN
298-211-88-00
UPID
US09-9122365
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Solana Beach, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Solana Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 1
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$22.5M
MEDICAL BUILDING
Est. value
$20.1M
HOTEL/MOTEL Current
MEDICAL 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
2001
Heating
NONE
Units
80
Lot
0.81 ac
Current owner
From public records · entity-resolved
Solana Beach Hospitality LLC
Entity
Mailing address
1775 HANCOCK ST STE #200, SAN DIEGO, CA 92110-2036
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
—
Solana Beach Hospitality LLC
—
Deed
related
$11,500,000 · Goldman Sachs Bank USA
Mar 6, 2023
—
Solana Beach Hospitality LLC
Pacifica Mission Bay LLC
Intrafamily Transfer
related
—
Mar 1, 2023
$15,500,000
Pacifica Mission Bay LLC
Alps Hospitality INC
Grant Deed
—
Aug 6, 2021
—
Alps Hospitality INC
—
Deed
related
$20,000,000 · Puerto Loreto LLC
Dec 30, 2020
—
Alps Hospitality INC
—
Deed
related
$4,000,000 · Pacifica Hosts INC
Jun 13, 2019
—
Alps Hospitality INC
—
Deed
related
$5,054,000 · Bank Of Hope
May 19, 2017
—
Alps Hospitality INC
—
Deed
related
$900,000 · First Choice Bk
Apr 7, 2017
—
Alps Hospitality INC
—
Deed
related
$1,500,000 · First Choice Bank
Jul 18, 2005
—
Alps Hospitality INC
—
Trustees Deed
related
$1,708,937 · National Republic Bank Chicago
—
—
Alps Hospitality INC
—
Deed Of Trust
related
$5,054,000 · Bank Of Hope
—
—
Alps Hospitality INC
—
Deed Of Trust
related
$7,750,000 · Bank Of Hope
—
—
Alps Hospitality INC
—
Deed Of Trust
related
$423,125 · National Republic Bank Chicago
—
—
Alps Hospitality INC
—
Deed Of Trust
related
$11,000,000 · Wilshire State Bank
—
—
Alps Hospitality INC
—
Deed Of Trust
related
$7,741,000 · Hanmi Bank
—
—
Alps Hospitality INC
—
Loan Modification
related
$900,000 · First Choice Bk
—
—
Alps Hospitality INC
—
Deed Of Trust
related
$972,000 · National Republic Bank Chicago
—
—
Alps Hospitality INC
—
Deed Of Trust
related
$4,000,000 · Pacifica Hosts INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 621 Hwy 101?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
