Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,500,000
Apartment buildings
317 Zenith St 1-20 Chula Vista, CA 91911-5739
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-7529735
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Total area
19,610 SF
Lot
0.8 ac (34,848 SF)
Zoning code
COMMERCIAL
APN
623-192-04-00
UPID
US09-7529735
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
$5.50M
CAP Approach
CAP
$4.83M
Comparable Approach
Comparable
$6.05M
Blend (final)
Blend
$5.50M
Owner & transaction history
820 Rancho Lane LLC · 2 yrs held
820 Rancho Lane LLC
since 2024
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Chula Vista, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.9M
+52.8%
Auto repair, garage
$7.5M
+45.2%
Retail stores
$5.5M
+6.8%
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
$5,500,000
ML approach
$5,500,000
CAP Approach
CAP Return
Estimation
6%
$5,230,000
6.5%
$4,825,000
7%
$4,480,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,155,000
Current use
MEDICAL BUILDING
$7,880,000
Change: +53% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,485,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$5,510,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$5,495,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$5.50M
Range $4.95M – $6.05M · ±10% · vs last sale $5.50M (Jan 26 2024)
Last sale anchor
$5.50M
Jan 26 2024
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
$280 / 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
$59,097
Tax year 2024
Assessed value
$4,852,838
Assessed 2024
Previous assessed
$4,852,838
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,275,657
Assessed improvement
$2,577,181
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
1979
Heating
NONE
Units
21
Bathrooms
20
Total area
19,610 SF
Lot
0.8 ac (34,848 SF)
Zoning code
COMMERCIAL
APN
623-192-04-00
UPID
US09-7529735
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$7.5M
RETAIL STORES
Est. value
$5.5M
OFFICE BUILDING
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1979
Heating
NONE
Units
21
Bathrooms
20
Lot
0.8 ac
Current owner
From public records · entity-resolved
820 Rancho Lane LLC
Entity
Mailing address
PO BOX 4034, LAGUNA BEACH, CA 92652-4034
Ownership since
2024
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
Jan 26, 2024
$5,500,000
820 Rancho Lane LLC
Zenith Group Partners LLC
Grant Deed
—
Dec 10, 2019
—
Zenith Group Partners LLC
—
Deed
related
$3,250,000 · Banc Of California NA
Nov 18, 2016
$4,265,000
Zenith Group Partners LLC
Barzal & Scotti Casa Linda LP
Grant Deed
—
Mar 7, 2007
—
Barzal & Scotti Casa Linda LP
Dominic Louis Sabatini
Grant Deed
$1,575,000 · Washington Mutual Bank
Apr 13, 2006
—
Sabatini Ents LLC
Sabatini 1995 Trust
Quit Claim Deed
—
May 4, 2000
$1,150,000
Sabatini Trust
May Trust
Grant Deed
$862,500 · Pacific Trust Bank
Jun 13, 1990
$1,125,000
Robert A May
Salzer Trust
Grant Deed
$196,447 · Seller
May 5, 1988
$1,013,000
Arthur T Salzer
Bello Jessie C
Grant Deed
—
—
—
Arthur T Salzer
—
Deed Of Trust
related
$780,000 · Great Western 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 317 Zenith St, Unit 1-20?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
