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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Apartment buildings
678 Jefferson Ave A Chula Vista, CA 91910-5258
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9021397
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1955
Total area
2,464 SF
Lot
0.19 ac (8,285 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
571-142-15-00
UPID
US09-9021397
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
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$948k
Blend (final)
Blend
$1.03M
Owner & transaction history
Akbar Sarwary Mustafa · 2 yrs held
Akbar Sarwary Mustafa
since 2024
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
R-1:SINGLE FAM-RES · Chula Vista, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$990,000
+43.6%
Auto repair, garage
$940,000
+36.5%
Retail stores
$930,000
+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
$1,030,000
ML approach
$1,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$690,000
Current use
MEDICAL BUILDING
$990,000
Change: +44% · Conversion: Moderate
AUTO REPAIR, GARAGE
$940,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$930,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$690,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.03M (Apr 16 2024)
Last sale anchor
$1.03M
Apr 16 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
$418 / 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
$12,569
Tax year 2024
Assessed value
$1,071,612
Assessed 2024
Previous assessed
$1,071,612
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$707,472
Assessed improvement
$364,140
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
1955
Heating
NONE
Units
5
Bathrooms
5
Total area
2,464 SF
Lot
0.19 ac (8,285 SF)
Zoning code
R-1:SINGLE FAM-RES
APN
571-142-15-00
UPID
US09-9021397
Jurisdiction
SAN DIEGO
Zoning & alternative use
R-1:SINGLE FAM-RES · Chula Vista, CA
Zoning R-1:SINGLE FAM-RES · permitted uses
R-1:SINGLE FAM-RES · 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
$690,000
MEDICAL BUILDING
Est. value
$990,000
AUTO REPAIR, GARAGE
Est. value
$940,000
RETAIL STORES
Est. value
$930,000
OFFICE BUILDING
Est. value
$690,000
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
1955
Heating
NONE
Units
5
Bathrooms
5
Lot
0.19 ac
Current owner
From public records · entity-resolved
Akbar Sarwary Mustafa
Individual
Free & Clear · 2 yrs held
Mailing address
1388 KETTNER BLVD UNIT #1605, SAN DIEGO, CA 92101-2784
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2024
—
Akbar Sarwary Mustafa
Moose Estrella LLC
Intrafamily Transfer
related
—
Jan 24, 2022
$1,030,000
Moose Estrella LLC
Irving M Hoffman
Grant Deed
$669,500 · City First Bank NA
Feb 10, 1995
$215,000
Irving M Hoffman
Jerome J Baltzer Trustee
Grant Deed
$150,500 · Pacific Trust
Jun 21, 1994
—
Jerome Joseph Baltzer
Baltzer,jerome J
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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