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Property profile & analytics
OFF-MARKET
Retail space
2127 Olympic Pkwy, Chula Vista, CA 91915-1359
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9035391
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
14,121 SF
Lot
1.4 ac (60,984 SF)
Zoning code
COMMERCIAL
APN
643-020-74-00
UPID
US09-9035391
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
-
Gutierrez Brand Group, LLC Marketing & Advertising Advertising Agency
-
Smiles Of East Lake Dental Office
-
Derrod Property Management Property Management Company
-
Fletes Insurance & Financial Services Insurance Agency
-
NuYo Frozen Yogurt Eastlake Cafe & Coffee Shop Take-out & Catering
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
Gershman Prop Eastlake Terraces LLC · 3 yrs held
Gershman Prop Eastlake Terraces LLC
since 2022
Last sale
$47.8M
5 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
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
$152,435
Tax year 2024
Assessed value
$11,523,772
Assessed 2024
Previous assessed
$11,523,772
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$5,508,000
Assessed improvement
$6,015,772
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 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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Heating
NONE
Units
1
Total area
14,121 SF
Lot
1.4 ac (60,984 SF)
Zoning code
COMMERCIAL
APN
643-020-74-00
UPID
US09-9035391
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.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Units
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
Gershman Prop Eastlake Terraces LLC
Entity
Mailing address
12300 WILSHIRE BLVD STE #310, LOS ANGELES, CA 90025-1057
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jul 22, 2022
$47,800,000
Gershman Prop Eastlake Terraces LLC
Cr Rlty Vii JR San Diego Eastlake T
Grant Deed
$24,550,000 · The Lincoln National Life Insurance
Oct 24, 2017
—
Ch Realty Vii Of R San Diego East
—
Grant Deed
related
$26,000,000 · Miscellaneous Ins Co
Jul 13, 2017
$40,850,000
Ch Realty Vii Of R San Diego East
Agc Eastlake LLC
Grant Deed
—
Jun 26, 2015
$7,700,000
Agc Eastlake LLC
E-lake Holding LP
Grant Deed
—
May 19, 2004
—
E-lake Holdings LP
E-lake Terraces LP
Quit Claim Deed
related
—
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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