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Turnkey Office Campus with Parking
For Sale
$3,300,000

1269 N Park, Pomona, CA 91768

Two renovated office buildings offer multiple private offices, conference rooms, and substantial on-site parking.

Property Size9,475 SF
Lot Size0.59 Acres
Price / SF$348.28
Days on Market48

Property Features for 1269 N Park

General Information

Standard status Active
Size 9,475 SF
Total Parking Spaces 25
Lot size 0.59 Acres
Zoning NED2/LM2

Warehouse & Industrial

Heavy Power Yes
Sprinkler System Yes

Additional Details

Business Included Yes
Office Units 2

Amenities

Central Air, Ductless
Central, Ductless

Building Details

Building Size 9,475 SF
Year Built 1963
Buildings 2
Stories 1
Listing Agency: Keller Williams Realty Redlands
Listed By: Teri Alvarez · License #01498790
Source: Evrealestate
Added: Jul 13 Changed: Aug 24 Last Checked: Aug 29 at 8:11AM

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 Keller Williams Realty Redlands

Investment Insights

Based on property information with market context.

This turnkey office campus consists of two fully renovated buildings totaling 9,475 SF on a 0.59-acre lot. The main building includes a front reception lobby, multiple private offices, conference rooms, large multi-purpose spaces, open collaborative work areas, a kitchenette/break room, and additional support rooms. Improvements include recessed LED lighting, wood laminate flooring, two drinking fountains, two restrooms, central air and heat, and upgraded 3-phase electrical service with 800 amps. The second building provides flexible accessory or standalone use potential, and features a larger lounge/common area, multi-purpose rooms, private office or storage room, a unisex restroom, and a kitchenette with utility sink, as well as a room configured for overnight stays with a dedicated split-unit HVAC.

The buildings sit on a highly visible, signalized corner with accessible frontage in Pomona’s Historic Wilton Heights neighborhood, adjacent to Phil & Nell Soto Park. The campus includes integrated security surveillance and automatic fire sprinkler systems and offers ample paved parking with 25 spaces. The property is listed less than one mile from Pomona Valley Hospital; prospective buyers are responsible for verifying zoning and permitted uses with the City of Pomona.

Key Highlights

  • Two fully renovated office buildings totaling 9,475 SF on a 0.59‑acre lot in Pomona’s Wilton Heights area
  • Signalized corner frontage with high visibility and accessible location adjacent to Phil & Nell Soto Park
  • Upgraded electrical service: 3‑phase with 800 amps, plus integrated security surveillance and automatic fire sprinkler systems

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
$152,898
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
4.63%
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%
$3,057,960 $3.1M
Cap Rate 7%
$2,184,257 $2.2M
Cap Rate 9%
$1,698,867 $1.7M
Market Conditions
NOI Build-Up for 9,475 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
$250.1K $26.40/SF
− Vacancy
−$46.3K −$4.88/SF
EGI
$203.9K $21.52/SF
− OpEx
−$51.0K −$5.38/SF
NOI
$152.9K $16.14/SF
Area
Pomona, CA
Vacancy
18.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
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%
$3,057,960
Cap Rate 7%
$2,184,257
Cap Rate 9%
$1,698,867

Alternative Uses

Best Use
Office B
$2.18M
$1.91M – $2.55M (±1% cap)
NOI $152,898 @ 7.0% cap · market cap 4.63%
Second Best
no second resolved use
Theoretical Best
Office A
$3.04M
$2.66M – $3.54M (±1% cap)
NOI $212,664 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Computer & Electronic Repair Storage Facility Bakery Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Turnkey business
Opportunity
Yes
Heavy power
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,657
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two renovated office buildings offer multiple private offices, conference rooms, and substantial on-site parking.
Where is this office building located?
The property is located at 1269 N Park Pomona, CA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Two fully renovated office buildings totaling 9,475 SF on a 0.59‑acre lot in Pomona’s Wilton Heights area; Signalized corner frontage with high visibility and accessible location adjacent to Phil & Nell Soto Park; Upgraded electrical service: 3‑phase with 800 amps, plus integrated security surveillance and automatic fire sprinkler systems
More about this property
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