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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Medical Office Space
1161 3rd Ave Chula Vista, CA 91911-3136
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-7409711
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Total area
2,700 SF
Lot
0.21 ac (9,087 SF)
Zoning code
COMMERCIAL
APN
619-171-02-00
UPID
US09-7409711
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
-
Melanie Morones, BA Physician
-
Julie Woochuk Counselor
-
Cecelia Sims-Franklin Counselor
-
Alicia Marquez Counselor
-
Maria Morones Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$640k
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$895k
Owner & transaction history
Pargold LP · 2 yrs held
Pargold LP
since 2023
Last sale
$840,000
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Chula Vista, 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 Chula Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chula Vista 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
$1,075,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
$690,000
6.5%
$640,000
7%
$590,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,085,000
Current use
AUTO REPAIR, GARAGE
$1,030,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $840k (Sep 12 2023)
Last sale anchor
$840k
Sep 12 2023
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
$331 / 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
$10,058
Tax year 2024
Assessed value
$840,000
Assessed 2024
Previous assessed
$840,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$375,000
Assessed improvement
$465,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1979
Heating
NONE
Units
1
Total area
2,700 SF
Lot
0.21 ac (9,087 SF)
Zoning code
COMMERCIAL
APN
619-171-02-00
UPID
US09-7409711
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Chula Vista, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Chula Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chula Vista. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
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
1979
Heating
NONE
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Pargold LP
Entity
Mailing address
PO BOX 10669, SAN BERNARDINO, CA 92423-0669
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2023
$840,000
Pargold LP
Tamara Jo Anderson
Grant Deed
—
Mar 8, 2022
$750,000
Tamara Jo Anderson
Ah213 LLC
Grant Deed
$583,500 · First Citizens Bank & Trust Co
Nov 18, 2019
$799,500
Ah213 LLC
Pgn198 INC
Quit Claim Deed
related
—
Sep 14, 2018
$545,000
Pgn198 INC
Chula Vista Investments LLC
Quit Claim Deed
related
—
Jul 17, 2017
$735,000
Chula Vista Investments LLC
Bleier Family Trust
Grant Deed
$550,000 · Loan /san Diego
Jul 27, 2007
$389,000
Bleier Family Trust
Clark Tracy C & S Trust
Grant Deed
—
Mar 14, 2000
$204,000
Bleier Trust
Lazare Trust
Grant Deed
$165,000 · North County Bank
—
—
Clark T C & S Trust Agreement
—
Deed Of Trust
related
$157,000 · Wells Fargo Bank
—
—
Burton L Lazare
—
Deed Of Trust
related
$16,000 · Pacific Commerce 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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