Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,865,000
Motels
6655 Bay Laurel Pl Avila Beach, CA 93424-3504
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4633678
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2005
Construction
WOOD
Total area
20,523 SF
Lot
0.18 ac (7,886 SF)
Zoning code
REC
APN
076-543-018
UPID
US09-4633678
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.69M
CAP Approach
CAP
$2.85M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.87M
Owner & transaction history
Once Upon A Time LP · 4 yrs held
Once Upon A Time LP
since 2022
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
REC · Avila Beach, 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 Avila Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avila 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
$2,390,000
ML approach
$2,690,000
CAP Approach
CAP Return
Estimation
6%
$3,090,000
6.5%
$2,850,000
7%
$2,645,000
Blend value · Realmo final
$2.87M
Range $2.58M – $3.15M · ±10% · vs last sale $3.20M (Mar 31 2022)
Last sale anchor
$3.20M
Mar 31 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
$140 / 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
$24,566
Tax year 2024
Assessed value
$2,222,903
Assessed 2024
Previous assessed
$2,222,903
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$488,982
Assessed improvement
$1,733,921
Applied tax rate
112.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
NONE
Total area
20,523 SF
Lot
0.18 ac (7,886 SF)
Zoning code
REC
APN
076-543-018
UPID
US09-4633678
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
REC · Avila Beach, CA
Zoning REC · permitted uses
REC · Avila Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avila Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
Once Upon A Time LP
Entity
Mailing address
750 PISMO ST, SAN LUIS OBISPO, CA 93401-3922
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2025
—
Once Upon A Time LP
—
Deed
related
$11,333,437 · Coasthills Cu
Mar 31, 2022
—
Once Upon A Time LP
Once Upon A Time LP
Intrafamily Transfer
related
$3,655,000 · Coasthills Cu
Mar 25, 2016
—
Once Upon A Time LP
Yoder Laurel J Living Trust
Grant Deed
related
—
Mar 31, 2015
$5,290,000
Once Upon A Time LP
Scanlin 1989 Trust
Grant Deed
—
Mar 31, 2015
$3,200,000
Lexington Real Property Partners Ll
Once Upon A Time LP
Grant Deed
$4,400,000 · Umpqua Bank
Mar 31, 2015
$300,000
Yoder,laurel J Living Trust
Once Upon A Time LP
Grant Deed
related
—
Nov 25, 2013
—
Scanlin 1989 Trust
Rossi Trading Co LLC
Grant Deed
—
Feb 3, 2012
—
Scanlin 1989 Trust
Rossi Trading Company LLC
Grant Deed
$1,500 · Rossi Trading Company LLC
Mar 29, 2007
—
Rossi Trading Co LLC
R W Hertel & Sons INC
Grant Deed
—
Feb 6, 1997
—
Avila Village LLC
Rossi Trust
Grant Deed
related
—
—
—
Avila Village LLC
—
Deed Of Trust
related
$384,875 · Thomas R Patterson INC Psp
—
—
Rossi Trading Co LLC
—
Deed Of Trust
related
$3,200,000 · Ojai Community Bank
—
—
Avila Village LLC
—
Deed Of Trust
related
$1,000,000 · Santa Barbara Securities INC
—
—
Avila Village LLC
—
Deed Of Trust
related
$1,978,000 · Avila Village First Mortgage
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 6655 Bay Laurel Pl?
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.
