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Property profile & analytics
OFF-MARKET
Estimated value
$1,625,000
Hotels
640 Indian Cyn Dr Palm Springs, CA 92262-6047
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0776907
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1776
Construction
WOOD
Total area
27,707 SF
Lot
1.36 ac (59,241 SF)
Zoning code
R3
APN
507-183-007
UPID
US09-0776907
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
-
Iluminara Restaurant & Lounge at Triada Restaurant
-
empire polo club Gym & Fitness Center Sports Field & Court
-
Triada Palm Springs, Autograph Collection Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.63M
Owner & transaction history
Pacifica L 39 LLC · 14 yrs held
Pacifica L 39 LLC
since 2011
7 recorded transactions
Zoning & alternative use
R3 · Palm Springs, 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 Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs 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
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±10%
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
$59 / 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
$68,127
Tax year 2024
Assessed value
$5,230,012
Assessed 2024
Previous assessed
$5,230,012
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$923,565
Assessed improvement
$4,306,447
Applied tax rate
11.0000
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
1776
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
2
Total area
27,707 SF
Lot
1.36 ac (59,241 SF)
Zoning code
R3
APN
507-183-007
UPID
US09-0776907
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Palm Springs, CA
Zoning R3 · permitted uses
R3 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1776
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
2
Lot
1.36 ac
Current owner
From public records · entity-resolved
Pacifica L 39 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
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2025
—
Pacifica L 39 LLC
—
Deed
related
$75,000,000 · Us Bank NA
Nov 21, 2019
—
Pacifica L 39 LLC
—
Deed
related
$8,100,000 · Bank Of America
Jun 15, 2012
—
Pacifica L 39 LLC
—
Deed Of Trust
related
$25,000,000 · Torrey Pines Bank
Dec 23, 2011
$3,500,000
Pacifica L 39 LLC
American Default
Trustees Deed
related
—
Mar 30, 2010
—
Spanish Inn INC
—
Trustees Deed
related
$1,300,000 · Nara Bank
Apr 25, 2008
—
Spanish Inn INC
—
Trustees Deed
related
$6,000,000 · Nara Bank
—
—
Spanish Inn INC
—
Deed Of Trust
related
$500,000 · Nara Bank
—
—
Pacifica L 39 LLC
—
Loan Modification
related
$8,100,000 · Bank Of America
—
—
Spanish Inn INC
—
Deed Of Trust
related
$1,000,000 · Nara Bank
—
—
Spanish Inn
—
Deed Of Trust
related
$430,000 · Saeid Kohandarvish
—
—
Spanish Inn
—
Deed Of Trust
related
$430,000 · Ramy Associates INC
—
—
Spanish Inn INC
—
Deed Of Trust
related
$6,000,000 · Nara Bank
—
—
Spanish Inn
—
Deed Of Trust
related
$50,000 · Saeid Kohandarvish
—
—
Spanish Inn
—
Deed Of Trust
related
$250,000 · Ramy & Associates INC
—
—
Pacifica L 39 LLC
—
Deed Of Trust
related
$4,750,000 · Bank Of America
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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