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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Apartment buildings
1301 Medical Ctr Dr, Chula Vista, CA 91911-6923
Individually Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8808455
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2001
Total area
9,999 SF
Lot
7.96 ac (346,737 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
641-122-01-00
UPID
US09-8808455
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
-
Elán Sevilla Apartments Apartment Complex
-
Jumpstart Juniors (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
Casa compa Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
Sevilla Apartments · 21 yrs held
Sevilla Apartments
since 2005
5 recorded transactions
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Chula Vista, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.8M
+6.8%
Office building
$2.8M
+6.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,665,000
6.5%
$2,460,000
7%
$2,285,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,630,000
Current use
RETAIL STORES
$2,810,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$2,800,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±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
$185 / 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
$522,805
Tax year 2024
Assessed value
$37,000,196
Assessed 2024
Previous assessed
$37,000,196
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$9,818,762
Assessed improvement
$27,181,434
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2001
Heating
NONE
Units
156
Total area
9,999 SF
Lot
7.96 ac (346,737 SF)
Zoning code
R-3:RESTRICTED MULTIPLE
APN
641-122-01-00
UPID
US09-8808455
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-3:RESTRICTED MULTIPLE · Chula Vista, CA
Zoning R-3:RESTRICTED MULTIPLE · permitted uses
R-3:RESTRICTED MULTIPLE · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.6M
RETAIL STORES
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
OFFICE 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
2001
Heating
NONE
Units
156
Lot
7.96 ac
Current owner
From public records · entity-resolved
Sevilla Apartments
Individual
Mailing address
1322 SCOTT ST STE #204, SAN DIEGO, CA 92106-3715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2019
—
Sevilla Apartments LP
—
Deed
related
$250,000 · Jpmorgan Chase Bank NA
Jan 4, 2005
—
Sevilla Apartments
Gosselin Mark Trust
Grant Deed
—
Apr 1, 2004
—
Gosselin,tr
Tcr Sunbow LP
Deed Of Trust
related
$19,250,000 · Teachers Insurance & Annuity
Dec 31, 2002
—
Tcr Sunbow LP
—
Deed Of Trust
related
$19,250,000 · Teachers Insurance & Annuity
Dec 15, 1999
$4,056,000
Tcr Sunbow LP
Aci Sunbow LLC
Grant Deed
$22,623,000 · Bank One Arizona
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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