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Property profile & analytics
OFF-MARKET
Hotels
69151 Palm Cyn Dr, Cathedral City, CA 92234-1420
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0131753
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1985
Construction
WOOD
Total area
46,528 SF
Lot
1.89 ac (82,328 SF)
Zoning code
CPS
APN
674-500-028
UPID
US09-0131753
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
-
AceGrant Flooring Group General Contractor Carpet & Flooring Store
-
Desert Extended Stay Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Desert Marigold LP · 1 yrs held
Desert Marigold LP
since 2024
Last sale
$117,500
7 recorded transactions
Zoning & alternative use
CPS · Cathedral City, 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 Cathedral City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cathedral City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$80,286
Tax year 2024
Assessed value
$6,374,062
Assessed 2024
Previous assessed
$6,374,062
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,115,517
Assessed improvement
$5,258,545
Applied tax rate
19.0000
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
1985
Construction
WOOD
Heating
NONE
Stories
3
Units
97
Total area
46,528 SF
Lot
1.89 ac (82,328 SF)
Zoning code
CPS
APN
674-500-028
UPID
US09-0131753
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · Cathedral City, CA
Zoning CPS · permitted uses
CPS · Cathedral City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cathedral City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
NONE
Stories
3
Units
97
Lot
1.89 ac
Current owner
From public records · entity-resolved
Desert Marigold LP
Entity
Mailing address
6433 166TH PL SE, BELLEVUE, WA 98006-5647
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2024
$117,500
Desert Marigold LP
Sep Limited Liability Company
Grant Deed
—
Dec 1, 2017
—
Sep LLC
Sep LLC
Correction Deed
related
$2,024,000 · First Ic Bank
Jul 31, 2017
$5,600,000
Sep LLC
Chae,sang I & Jeongwon
Grant Deed
$2,000,000 · Sang I & Jeoungwon Chae
Oct 27, 2016
—
Sang I Chae
—
Deed
related
$500,000 · Jae S Yoon
Sep 9, 2016
$780,000
Joshin LLC
Chae,sang I & Jeoungwon
Quit Claim Deed
related
—
Jul 29, 2016
—
Sang Chae
—
Deed
related
$3,610,000 · * Other Institutional Lenders
Jan 11, 2012
—
Sang I Chae
Chae,sang I & Jeoungwon
Quit Claim Deed
related
$1,670,000 · Pacific Enterprise Bank
Sep 18, 2009
—
Sang I Chae
William Ryan LLC
Quit Claim Deed
related
—
Sep 12, 2007
—
Sang I Chae
Jk & Wr
Grant Deed
—
Sep 12, 2007
$1,100,000
William Ryan LLC
Kim,nam S
Grant Deed
—
Mar 31, 2006
—
Rakesh K Patel
Patel,jayashree R
Quit Claim Deed
related
—
Mar 31, 2006
$5,000,000
Jk
Cathedral Hotel Investments In
Grant Deed
$4,650,000 · Wilshire State Bank
Dec 19, 2002
$4,650,000
Cathedral Hotel Inv INC
Yuba City Motel Inv LLC
Grant Deed
$2,350,000 · Interbusiness Bank NA
Dec 9, 1999
$3,650,000
Yuba City Motel Investments Ll
Pacifica Palm Canyon LLC
Grant Deed
$2,600,000 · Sonoma National Bank
Sep 23, 1999
$3,100,000
Pacifica Palm Canyon LLC
Rmdi Corporation
Grant Deed
$2,595,000 · Marine Bank
Nov 5, 1998
$1,150,000
Rmdi Corp
N J P Palm Springs Co Ltd
Grant Deed
$3,125,000 · Cathedral City LLC
Jun 1, 1989
$535,000
August Long Beac
August All Suite
Grant Deed
related
—
—
—
Sang I Chae
—
Deed Of Trust
related
$500,000 · J Kang Dev INC
—
—
Sang Chae
—
Deed Of Trust
related
$200,000 · Private Individual
—
—
Rmdi Corp
—
Deed Of Trust
related
$550,000 · Schnippel Family LP
—
—
Rmdi INC
—
Deed Of Trust
related
$1,900,000 · Investors Commercial Cap LLC
—
—
Yuba City Motel Inv LLC
—
Deed Of Trust
related
$125,000 · Raman Patel
—
—
Yuba City Motel Inv LLC
—
Deed Of Trust
related
$200,000 · Ashok Patel
—
—
Sang I Chae
—
Deed Of Trust
related
$750,000 · Jung R & Kak Kim
—
—
Sang Chae
—
Deed Of Trust
related
$3,610,000 · * Other Institutional Lenders
—
—
Sang I Chae
—
Deed Of Trust
related
$500,000 · Jae S Yoon
—
—
N J P Palm Sprin
—
Deed Of Trust
related
—
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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