1030-1036 W 2nd St Pomona, CA
Two commercial buildings with fenced area and rear alley access.
Property Features for 1030-1036 W 2nd St
General Information
- Standard status
- Active
- Size
- 4,046 SF
- Lot size
- 0.33 Acres
- Property subtype
- INDUSTRIAL
Listing office CIBA Real Estate (626) 255-1124
Listing date Nov 20, 2023
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- Two separate parcels available, offering flexibility.
- Includes a ±3,822 SF commercial building on a ±8,169 SF lot.
- Features a GL door, two separate front door entrances, and rear alley access.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.0k | $21.00 |
| − Vacancy | −$6.6k | −$1.62 |
| EGI | $78.4k | $19.38 |
| − OpEx | −$23.5k | −$5.81 |
| NOI | $54.9k | $13.57 |
