Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Hotels
68055 Clb Cir Dr Desert Hot Springs, CA 92240-4368
Entity Owned
7-yr Hold
Free & Clear
Property ID
US10-3112923
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1964
Construction
WOOD
Total area
8,782 SF
Lot
0.53 ac (23,086 SF)
Zoning code
VS
APN
644-072-001
UPID
US10-3112923
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
by Request
CAP Approach
CAP
$830k
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$675k
Owner & transaction history
Caloha LLC · 7 yrs held
Caloha LLC
since 2019
7 recorded transactions
Zoning & alternative use
VS · Desert Hot 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 Desert Hot Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Desert Hot 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%
$895,000
6.5%
$830,000
7%
$770,000
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$77 / 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
$12,579
Tax year 2024
Assessed value
$949,828
Assessed 2024
Previous assessed
$949,828
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$153,109
Assessed improvement
$796,719
Applied tax rate
14.0000
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
1964
Construction
WOOD
Heating
NONE
Stories
1
Units
17
Total area
8,782 SF
Lot
0.53 ac (23,086 SF)
Zoning code
VS
APN
644-072-001
UPID
US10-3112923
Jurisdiction
RIVERSIDE
Zoning & alternative use
VS · Desert Hot Springs, CAZoning VS · permitted uses
VS · Desert Hot Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
NONE
Stories
1
Units
17
Lot
0.53 ac
Current owner
From public records · entity-resolved
Caloha LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 485, LAGUNA BEACH, CA 92652-0485
Ownership since
2019
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
Apr 10, 2019
—
Caloha LLC
—
Deed
related
$700,000 · Ross L Tesser
Apr 5, 2019
$868,636
Caloha LLC
Green Life Estate Trust
Grant Deed
—
Apr 5, 2019
—
Lani Lee
Ho,tin-lun
Quit Claim Deed
related
—
Jul 27, 2017
—
Green Life Estate Trust
Lee,soon J
Quit Claim Deed
related
—
Jul 13, 2017
—
Soon J Lee
Lee,lani
Quit Claim Deed
related
—
Dec 23, 2010
$550,000
Lani Lee
Hancock Trustee Services
Trustees Deed
related
—
Sep 12, 2007
—
Richard Kim
Kim Brothers INC
Quit Claim Deed
—
Jun 22, 2007
—
Kim Brothers INC
J J Lee Management Co INC
Grant Deed
—
Aug 5, 2005
—
J J Lee Management Co INC
J J Lee Management INC
Quit Claim Deed
related
$720,000 · Hanmi Bank
Jun 17, 2005
$1,150,000
J J Lee Management INC
Collins,stephen H
Grant Deed
—
Aug 28, 2000
$460,000
Stephen H Collins
Deeter,michael
Grant Deed
—
Mar 31, 1998
$478,500
Michael Deeter
Hilton,john & Margaret
Grant Deed
$365,000 · Seller
Feb 20, 1991
—
John Hilton
Garver Lance
Grant Deed
related
$180,000 · Individual
—
—
Caloha LLC
—
Deed Of Trust
related
$700,000 · Ross L Tesser
—
—
Richard Kim
—
Deed Of Trust
related
$350,000 · Franco Canzona
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 68055 Clb Cir Dr?
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.