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Property profile & analytics
OFF-MARKET
Estimated value
$33,155,000
Hotels
7955 La Jolla Shrs Dr La Jolla, CA 92037-3301
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7321716
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1973
Total area
65,663 SF
Lot
1.58 ac (68,824 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
346-530-23-00
UPID
US09-7321716
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
by Request
Comparable Approach
Comparable
$39.51M
Blend (final)
Blend
$33.16M
Owner & transaction history
Clk1 La Jolla LLC · 4 yrs held
Clk1 La Jolla LLC
since 2021
Last sale
$33.0M
7 recorded transactions
Zoning & alternative use
RESTRICTED COMMERCIAL · La Jolla, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$43.1M
+23.3%
Apartment house (5+ units)
$41.9M
+20.0%
Retail stores
$40.3M
+15.4%
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 La Jolla submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Jolla 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
$34,420,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$34,920,000
Current use
RESTAURANT
$43,055,000
Change: +23% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$41,905,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$40,305,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$31,160,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$33.16M
Range $29.84M – $36.47M · ±10% · vs last sale $33.00M (Sep 27 2021)
Last sale anchor
$33.00M
Sep 27 2021
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
$505 / 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
$456,969
Tax year 2024
Assessed value
$37,204,704
Assessed 2024
Previous assessed
$37,204,704
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$20,808,000
Assessed improvement
$16,396,704
Applied tax rate
8.0000
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
1973
Heating
NONE
Units
110
Total area
65,663 SF
Lot
1.58 ac (68,824 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
346-530-23-00
UPID
US09-7321716
Jurisdiction
SAN DIEGO
Zoning & alternative use
RESTRICTED COMMERCIAL · La Jolla, CA
Zoning RESTRICTED COMMERCIAL · permitted uses
RESTRICTED COMMERCIAL · La Jolla, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Jolla. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$34.9M
RESTAURANT
Est. value
$43.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$41.9M
RETAIL STORES
Est. value
$40.3M
MEDICAL BUILDING
Est. value
$31.2M
HOTEL/MOTEL Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1973
Heating
NONE
Units
110
Lot
1.58 ac
Current owner
From public records · entity-resolved
Clk1 La Jolla LLC
Entity
Mailing address
3363 NE 163RD ST STE #601, N MIAMI BEACH, FL 33160-4423
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Sep 23, 2025
—
Clki La Jolla LLC
—
Deed
related
$28,632,000 · Israel Discount Bank Of New York
Aug 1, 2022
—
Ap Wireless Investments I LLC
—
Deed
related
$165,000 · Deutsche Bank Trust Co Americas
Sep 27, 2021
$33,000,000
Clk1 La Jolla LLC
Khanna Enterprises V Limited Partne
Grant Deed
$27,500,000 · Wells Fargo Bank NA
Apr 5, 2019
—
Khanna Ents V LP
Khanna Ents Ltd
Quit Claim Deed
—
Feb 4, 2016
$40,000,000
Khanna Enterprises Ltd
Lj Hotel LLC
Grant Deed
$22,000,000 · East West Bank
Sep 6, 2011
—
Lj Hotel LLC
La Jolla Shores Hotel Ventures
Grant Deed
—
Sep 22, 2005
—
La Jolla Shores Hotel Ventures LLC
Shoreview Associates LP
Grant Deed
$22,500,000 · Greenwich Capital Financial Product
Oct 16, 1996
—
Tushar Patel
Patel,urvashi
Quit Claim Deed
related
$7,000,000 · Grossmont Bank
Feb 6, 1996
—
Tushar Etal Patel
Summer,house LLC
Quit Claim Deed
related
—
Aug 17, 1995
—
Summer,house LLC
Patel,tushar Etal
Quit Claim Deed
related
—
Mar 8, 1994
—
Summer House Hotel Corp
Summer House Pro
Quit Claim Deed
related
—
Jun 4, 1993
—
Summer House Properties
Summer House Pro
Quit Claim Deed
related
$450,000 · Summer House Prope
—
—
Summer House Hotel Corp
—
Deed Of Trust
related
$300,000 · Individual
—
—
Summer House Hotel Corp
—
Deed Of Trust
related
$700,000 · Shivani LLC
—
—
Summer House Hotel Corp
—
Deed Of Trust
related
$2,000,000 · Individual
—
—
La Jolla Shores Hotel Ventures
—
Deed Of Trust
related
$23,100,000 · Hlj Hotel LLC
—
—
Summer House LLC
—
Deed Of Trust
related
$3,085,000 · First Credit Bank
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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