5-Unit Apartment
For Sale
$1,295,000
1195 N Park, Pomona, CA 91768
Five residential units on one parcel generate existing rental income in Pomona.
Property Size3,285 SF
Days on Market51
Property Features for 1195 N Park
General Information
Standard status
Active
Size
3,285 SF
Property subtype
Commercial
Additional Details
Multifamily Units
5
Building Details
Building Size
3,285 SF
Year Built
1941
Units
3332
Listing Agency:
VYLLA HOME
Listed By:
Albert Pasillas · License #01728500
(626) 608-7310
Source:
Elliman
Added: Sep 12
Changed: Oct 30
Last Checked: Oct 30 at 2:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VYLLA HOME
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Investment Insights
Based on property information with market context.
Built in 1941, this apartment property contains five residential units situated on a single parcel. The asset has existing rental income, with current rents identified as below estimated market levels. Unit mix details, operating figures, and additional property information are available through the offering materials.
The property is located in Pomona near transportation, shopping, employment, and other surrounding amenities. Walk Score is 85, indicating a very walkable setting; Bike Score is 60, classified as bikeable; and Transit Score is 48, reflecting some transit access.
The property is located in Pomona near transportation, shopping, employment, and other surrounding amenities. Walk Score is 85, indicating a very walkable setting; Bike Score is 60, classified as bikeable; and Transit Score is 48, reflecting some transit access.
Key Highlights
- Five residential units on one parcel
- Built in 1941
- Existing rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,887
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,740
$1.0M
Cap Rate 7%
$726,957
$727.0K
Cap Rate 9%
$565,411
$565.4K
Market Conditions
NOI Build-Up for 3,285 SF
Gross rent
$96.6K $29.40/SF
− Vacancy
−$4.1K −$1.23/SF
EGI
$92.5K $28.17/SF
− OpEx
−$41.6K −$12.67/SF
NOI
$50.9K $15.49/SF
Area
Pomona, CA
Vacancy
4.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,740
Cap Rate 7%
$726,957
Cap Rate 9%
$565,411
Alternative Uses
Best Use
Apartment 5plus
$727.0K
$636.1K – $848.1K
NOI $50,887 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$921.6K – $1.23M
NOI $73,731 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,657
Businesses Nearby
Explore this area
Business Placement
Demographics for 91768, CA
35,568
Population
8,848
Households
4
Avg Household Size
31
Median Age
14%
College-Educated
70%
High-School Grad
8.2 sq mi
ZIP Area
4,338
Density / Sq Mi
$76,313
Median Household Income
$32,461
Median Earnings
$1,606
Median Rent
$536,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Five residential units on one parcel generate existing rental income in Pomona.
Where is this apartment building located?
The property is located at 1195 N Park Pomona, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Five residential units on one parcel; Built in 1941; Existing rental income
