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    Condominium with Private Balcony Title is generated by Realmo AI

    101 W Mission, Pomona, CA 91766

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    For Sale
    $409,990

    Condominium - Pomona, CA

    Type:Condominium
    Property size:
    1,189 SF
    Lot size:
    16,802.00 Acres
    Price / SF:
    $344/SF
    Added:
    Jun 1, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 5 at 9:06 am

    Property Features for 101 W Mission

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Condominium
    Bedrooms
    1
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1
    Parking features
    Assigned
    Exterior features
    Community Features Included: Urban
    Standard status
    Active
    APN
    8341008045
    Size
    1,189 SF
    Lot size
    16,802.00 Acres

    Utilities

    Heating system
    Central

    Building Details

    Year built
    2003
    Floors in Building
    3
    Number of units
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Andrew Becerra

    Listing agent Andrew Becerra License #02000952

    Listing office THE IVRI GROUP, INC. 101 S. Main St. 2nd Fl., Pomona, CA

    Listing date Jun 1, 2026

    MLS# CV26119332 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • New York–style condo built in 2003 with central heating
    • Open floor plan with plenty of natural light
    • Private balcony off the living area
    • Kitchen with ample cabinet space and imported Spanish tile
    • Kilpsch in‑wall speakers throughout with a user‑friendly audio sound system connecting to TV or phone
    • Assigned parking; updated bathroom(s) and bedroom with generous closet space

    Overview

    This New York style condominium is set up with an open and functional floor plan designed to make the most of natural light. The kitchen includes imported Spanish tile, with ample cabinet space and modern finishes. The living area opens to a private balcony, providing an outdoor spot to relax. Entertainment features include in-wall speakers throughout with a user-friendly audio sound system that connects to a TV or phone. The bedroom is described as spacious and includes generous closet space, and the bathroom has been tastefully updated.

    Located in Pomona, the property is positioned just minutes from downtown. The public remarks also note close proximity to bars, restaurants, coffee shops, and entertainment options, with easy access to freeways and public transportation for day-to-day commuting.

    As a purchase, this layout and amenity set may appeal to buyers seeking a condo that is ready to enjoy, with indoor/outdoor space and built-in audio for everyday use. The open living design, updated bathroom, and bedroom storage support comfortable day-to-day living, while the balcony and entertainment system add practical lifestyle value.
    Property Profile Location Intelligence

    Current Use by Public Records

    STEM Toy Store (Bike/Boat/Book/etc) Store Sr22 Insurance Marketing & Advertising Dr. Ahmed A. Soboh, ... Dental Office Global Permanent Makeup Big Box & Wholesale Store Flame Broiler Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pomona
    County
    Los Angeles
    State
    California
    Longitude
    -117.750529
    Latitude
    34.0553558

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    FAQs

    What type of property is this?
    Residential income property - Condo offers an open layout, private balcony, and in-wall speaker system for a turnkey, comfortable living setup.
    Where is this residential income property located?
    The property is located at 101 W Mission Pomona, CA.
    What is the asking price?
    The asking price for this property is $409,990.
    What are key features of this property?
    This property features: New York–style condo built in 2003 with central heating; Open floor plan with plenty of natural light; Private balcony off the living area
    (714) 507-0734
    We can help!
    Listing Contact
    Andrew Becerra
    Real Estate License ID: 02000952
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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