New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,325,000
Apartment buildings
510 Davidson St, Chula Vista, CA 91910-2344
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-9460078
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Total area
12,360 SF
Lot
0.51 ac (22,215 SF)
Zoning code
COMMERCIAL
APN
567-080-29-00
UPID
US09-9460078
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
by Request
CAP Approach
CAP
$3.04M
Comparable Approach
Comparable
$4.75M
Blend (final)
Blend
$4.33M
Owner & transaction history
Boogaard Family Trust
Boogaard Family Trust
since 2025
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Chula Vista, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.0M
+43.6%
Auto repair, garage
$4.7M
+36.5%
Retail stores
$4.7M
+35.2%
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%
$3,295,000
6.5%
$3,040,000
7%
$2,825,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,455,000
Current use
MEDICAL BUILDING
$4,965,000
Change: +44% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,720,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$4,675,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$3,465,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$4.33M
Range $3.89M – $4.76M · ±10% · vs last sale $4.75M (Aug 3 2025)
Last sale anchor
$4.75M
Aug 3 2025
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
$350 / 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
$43,776
Tax year 2024
Assessed value
$3,736,986
Assessed 2024
Previous assessed
$3,736,986
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,505,949
Assessed improvement
$2,231,037
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
1969
Heating
NONE
Units
18
Total area
12,360 SF
Lot
0.51 ac (22,215 SF)
Zoning code
COMMERCIAL
APN
567-080-29-00
UPID
US09-9460078
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
$3.5M
MEDICAL BUILDING
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.7M
RETAIL STORES
Est. value
$4.7M
OFFICE BUILDING
Est. value
$3.5M
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
1969
Heating
NONE
Units
18
Lot
0.51 ac
Current owner
From public records · entity-resolved
Boogaard Family Trust
Trust
Mailing address
3505 CAMINO DEL RIO S STE #234, SAN DIEGO, CA 92108-4016
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2025
$4,750,000
Boogaard Family Trust
Adriel LLC
Grant Deed
$2,415,000 · The Golden 1 Cu
Jul 10, 2017
$3,350,000
Adriel LLC
Mark I LP
Grant Deed
$2,250,000 · Jpmorgan Chase Bank NA
Oct 30, 2008
—
Mark I LP
Kathy Straza Severin
Grant Deed
$1,109,000 · Washington Mutual Bank
Aug 22, 2008
—
El Severin Trust
El Severin Trust
Quit Claim Deed
related
—
Mar 28, 2007
—
Severin El Trust
Severin El Trust
Quit Claim Deed
related
$969,600 · Home Bank Of California
Mar 30, 2006
—
Kathy Straza-severin
Straza-severin,kathy
Quit Claim Deed
related
—
Nov 28, 2005
—
Earl L Severin
Severin,earl L
Quit Claim Deed
related
—
Feb 10, 2005
—
Earl L Severin
Severin,earl L & Kathy S
Quit Claim Deed
related
—
May 14, 2004
—
Wilson,arlene M Tr
Wilson,arlene M
Quit Claim Deed
related
—
Aug 28, 2002
—
Chicago,co C Tr
Hadley,ron Etal
Quit Claim Deed
related
—
—
—
Mark I LP
—
Deed Of Trust
related
$1,158,000 · Santa Barbara Bank & Trust
—
—
Earl L Severin
—
Deed Of Trust
related
$975,000 · Home Bank Of California
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 510 Davidson St?
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.
