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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Hotels
8800 Broadway Los Angeles, CA 90003-3614
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US09-6199279
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1984
Construction
WOOD
Total area
7,131 SF
Lot
0.29 ac (12,829 SF)
Zoning code
LAC2
APN
6040-023-023
UPID
US09-6199279
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
-
Broadway Inn Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$825k
Comparable Approach
Comparable
$534k
Blend (final)
Blend
$785k
Owner & transaction history
Rajubhai N Gandhi · 24 yrs held
Rajubhai N Gandhi
since 2001
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, 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 Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles 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%
$825,000
7%
$765,000
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$110 / 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
$9,467
Tax year 2024
Assessed value
$666,212
Assessed 2024
Previous assessed
$666,212
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$238,964
Assessed improvement
$427,248
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
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Stories
1
Units
23
Bathrooms
23
Total area
7,131 SF
Lot
0.29 ac (12,829 SF)
Zoning code
LAC2
APN
6040-023-023
UPID
US09-6199279
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
WOOD
Heating
NONE
Stories
1
Units
23
Bathrooms
23
Lot
0.29 ac
Current owner
From public records · entity-resolved
Rajubhai N Gandhi
Individual
Mailing address
8800 S BROADWAY, LOS ANGELES, CA 90003-3614
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2001
$280,000
Rajubhai N Gandhi
Prajapati,satish N
Grant Deed
$184,000 · Hanmi Bank
Jun 8, 2000
—
Satish N Prajapati
Prajapati,k S
Quit Claim Deed
related
—
May 10, 2000
$240,000
Satish N Prajapati
Plymouth Reo INC
Grant Deed
$180,000 · Imperial Bank
Feb 2, 1998
$200,000
Plymouth Reo INC
Patel,giocindbhai C & Ashaben G
Trustees Deed
—
—
—
Plymouth Reo INC
—
Deed Of Trust
related
$403,526 · Plymouth Commercial Mtg Fund
—
—
Plymouth Reo INC
—
Deed Of Trust
related
$10,000,000 · Transamerica Business Credit
—
—
Rajubhai N Gandhi
—
Deed Of Trust
related
$228,000 · Hanmi 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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