Mixed-Use Property in
For Sale
$849,900
440 W Holt, Pomona, CA 91768
Mixed-use property featuring a commercial unit and two updated apartments.
Property Size2,300 SF
Days on Market122
Property Features for 440 W Holt
General Information
Standard status
Active
Size
2,300 SF
Property subtype
Commercial
Building Details
Building Size
2,300 SF
Year Built
1946
Units
2
Listing Agency:
(562) 965-0824
Listed By:
Shawna Alcala Antonio
(562) 965-0824
Source:
Elliman
Added: Apr 24
Changed: Aug 16
Last Checked: Aug 22 at 12:16PM
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 Shawna Alcala Antonio
Investment Insights
Based on property information with market context.
This mixed-use property in Pomona features a commercial unit currently operating as a florist, along with a two-unit apartment building located in the rear. The apartments have been completely updated with custom kitchens and restrooms, recessed lighting, and upgraded flooring. The property has a walk score of 75, indicating it is very walkable, a bike score of 58, indicating it is bikeable, and a transit score of 43, indicating some transit options are available. This property presents various possibilities for potential business uses.
Key Highlights
- Mixed‑use property: Commercial unit (florist) and 2‑unit apartment building.
- Completely updated apartments with custom kitchens and restrooms.
- Upgraded flooring and recessed lighting in apartments.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,740
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$634,800
$634.8K
Cap Rate 7%
$453,429
$453.4K
Cap Rate 9%
$352,667
$352.7K
Market Conditions
NOI Build-Up for 2,300 SF
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.
Gross rent
$55.2K $24.00/SF
− Vacancy
−$4.4K −$1.92/SF
EGI
$50.8K $22.08/SF
− OpEx
−$19.0K −$8.28/SF
NOI
$31.7K $13.80/SF
Area
Pomona, CA
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$634,800
Cap Rate 7%
$453,429
Cap Rate 9%
$352,667
Alternative Uses
Best Use
Mixed Use
$453.4K
$396.8K – $529.0K
NOI $31,740 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$737.5K
$645.3K – $860.4K
NOI $51,623 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,239
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property featuring a commercial unit and two updated apartments.
Where is this mixed-use property located?
The property is located at 440 W Holt Pomona, CA.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Mixed‑use property: Commercial unit (florist) and 2‑unit apartment building.; Completely updated apartments with custom kitchens and restrooms.; Upgraded flooring and recessed lighting in apartments.
