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Property profile & analytics
OFF-MARKET
Estimated value
$300,000
Hotels
San Antonio Ave Carmel, CA 93923
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-5061194
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1936
Construction
WOOD
Total area
980 SF
Lot
0.93 ac (40,412 SF)
APN
010-286-015-000
UPID
US09-5061194
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
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$300k
Owner & transaction history
Esperanza Carmel Coml LLC · 6 yrs held
Esperanza Carmel Coml LLC
since 2019
7 recorded transactions
Zoning & alternative use
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 Carmel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmel 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
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$300k
Range $270k – $330k · ±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
$306 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$78,745
Tax year 2023
Assessed value
$6,110,845
Assessed 2023
Previous assessed
$6,110,845
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$3,776,332
Assessed improvement
$2,334,513
Applied tax rate
1.0000
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
1936
Construction
WOOD
Heating
NONE
Buildings
7
Stories
2
Rooms
8
Bathrooms
20
Total area
980 SF
Lot
0.93 ac (40,412 SF)
APN
010-286-015-000
UPID
US09-5061194
Jurisdiction
MONTEREY
Zoning & alternative use
Zoning · permitted uses
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
1936
Construction
WOOD
Heating
NONE
Stories
2
Buildings
7
Rooms
8
Bathrooms
20
Lot
0.93 ac
Current owner
From public records · entity-resolved
Esperanza Carmel Coml LLC
Entity
Mailing address
300 CORPORATE POINTE STE #410, CULVER CITY, CA 90230-8711
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2019
$12,453,500
Esperanza Carmel Coml LLC
Carmel Mtn 8 Assocs LP
Grant Deed
—
Mar 15, 2017
—
Carmel Mountain 8 Associates LP
Carmel Mountain 8 Associates LP
Intrafamily Transfer
related
$6,100,000 · Regents Bank NA
May 25, 2007
$9,809,000
Carmel Mountain #8 Associates
Gurries Management
Grant Deed
$7,000,000 · Thrivent Financial For Lutherans
Dec 10, 2002
—
Gurries Management
Colonial Terrace Inn Ltd
Grant Deed
$10,750,000 · Wells Fargo Bank
—
—
Gurries Management
—
Deed Of Trust
related
$500,000 · Bank Of America
—
—
Colonial Terrace Inn Ltd
—
Deed Of Trust
related
$1,950,000 · Bank Of Salinas
—
—
Gurries Management
—
Deed Of Trust
related
$11,000,000 · Bank Of America
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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