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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Retail space
524 Stevens Ave Solana Beach, CA 92075-2051
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8907817
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
7,290 SF
Lot
0.62 ac (27,007 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
298-112-19-00
UPID
US09-8907817
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
-
Rudy's Taco Shop Take-out & Catering Catering Service
-
Common Sense Hair Loss Medical Clinic
-
Uptown New York Style Hair Salon Hair Salon Nail Salon
-
The Rockademy Tutoring Service
-
Charco Financial LLC Check Cashing
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.16M
Owner & transaction history
David Mark Wolpe · 7 yrs held
David Mark Wolpe
since 2019
6 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Solana Beach, CA
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 Solana Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solana Beach 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±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
$158 / 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
$40,281
Tax year 2024
Assessed value
$3,250,846
Assessed 2024
Previous assessed
$3,250,846
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,893,697
Assessed improvement
$1,357,149
Applied tax rate
18.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Heating
NONE
Units
1
Total area
7,290 SF
Lot
0.62 ac (27,007 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
298-112-19-00
UPID
US09-8907817
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Solana Beach, CAZoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Solana Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 1
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
David Mark Wolpe
Individual
Mailing address
2260 RUTHERFORD RD STE #111, CARLSBAD, CA 92008-8817
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
—
The Canterbury 2008 Irrevocable Tru
—
Deed
related
$2,000,000 · The Golden 1 Cu
Feb 14, 2022
—
David Mark Wolpe
—
Deed
related
$1,500,000 · First Republic Bank
Feb 26, 2019
—
David Mark Wolpe
David Mark Wolpe
Intrafamily Transfer
related
$1,000,000 · First Republic Bank
Aug 18, 2014
—
David Mark Wolpe
David Mark Wolpe
Intrafamily Transfer
related
$500,000 · First Republic Bank
Jul 22, 2008
$1,679,500
Canterbury 2008 Trust
Wolpe Manie Trust
Grant Deed
$1,478,797 · Wolpe Manie Trust
Nov 4, 1996
$106,500
Wolpe Trust
Wolpe Investment Ptshp
Grant 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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