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Property profile & analytics
OFF-MARKET
Motels
954 88th St Los Angeles, CA 90002-1109
Entity Owned
~
Est. High Equity
Property ID
US09-7246166
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1957
Construction
WOOD
Total area
5,604 SF
Lot
0.28 ac (12,018 SF)
Zoning code
LAC2
APN
6042-026-001
UPID
US09-7246166
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
-
Central Inn Motel Hotel & Motel
-
LG Wash and Dry Repair Los Angeles Washer & Dryer Repair Service Appliance Repair Service
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
Shivshakti LLC
Shivshakti LLC
since 2025
Last sale
$4.3M
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
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
$41,574
Tax year 2024
Assessed value
$3,162,399
Assessed 2024
Previous assessed
$3,162,399
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$2,122,416
Assessed improvement
$1,039,983
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
NONE
Stories
1
Units
26
Total area
5,604 SF
Lot
0.28 ac (12,018 SF)
Zoning code
LAC2
APN
6042-026-001
UPID
US09-7246166
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
1957
Construction
WOOD
Heating
NONE
Stories
1
Units
26
Lot
0.28 ac
Current owner
From public records · entity-resolved
Shivshakti LLC
Entity
Mailing address
954 E 88TH ST, LOS ANGELES, CA 90002-1109
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2025
$4,300,000
Shivshakti LLC
Pinank Patel
Grant Deed
$2,920,000 · Pacific Alliance Bank
Aug 6, 2021
—
Pinank Patel
—
Deed
related
$625,000 · Rajiv T Desai Etux
Jun 24, 2021
—
Pinak Patel
—
Deed
related
$1,800,000 · New Omni Bank NA
Feb 1, 2021
$3,000,000
Pinank Patel
Skylark Hotels INC
Grant Deed
$2,400,000 · Rajiv Desai And Anjanaben Desai Fam
Jun 20, 2019
—
Skylark Hotels INC
Mps Hospitality LLC
Quit Claim Deed
—
Jul 28, 2008
—
Mps Hospitality LLC
Solanki,prafull R & Madhu P
Grant Deed
—
Aug 17, 2006
—
Prafull R Solanki
Narsal,mahendrakumar
Grant Deed
—
—
—
Prafull R Solanki
—
Deed Of Trust
related
$455,000 · Woodland Hills Mtg Banking Co
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
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