Adjacent Triplexes Income
For Sale
$1,528,000
805 E 8th St, Pomona, CA 91766
Two adjacent triplexes totaling six occupied units with separate electric and gas meters and one-car garage parking per unit.
Property Size4,800 SF
Days on Market45
Property Features for 805 E 8th St
General Information
Standard status
Active
Size
4,800 SF
Total Parking Spaces
6
Property subtype
Investment
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
6
Building Details
Building Size
4,800 SF
Year Built
1962
Stories
1
Units
6
Tenancy
Multi
Listing Agency:
CIRCA PROPERTIES, INC.
Listed By:
ISABELLA SUN · License #02115974
(626) 674-5188
Source:
Elliman
Added: Jul 21
Changed: Aug 31
Last Checked: Sep 2 at 6:38PM
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 CIRCA PROPERTIES, INC.
Investment Insights
Based on property information with market context.
This offering includes two adjacent triplexes sold together, totaling six residential units. The properties were built in 1961/1962 and feature 2-bedroom, 1-bath layouts. Each unit includes 1-car garage parking, and separate electric and gas meters are provided for each unit to help minimize owner expenses and simplify management.
The property is located in Pomona and is described as close to Cal Poly Pomona, downtown Pomona’s Arts District, and major freeway access.
The units are 100% occupied with in-place rents, presenting a turnkey, low-maintenance income opportunity for investors looking to expand a multifamily portfolio.
The property is located in Pomona and is described as close to Cal Poly Pomona, downtown Pomona’s Arts District, and major freeway access.
The units are 100% occupied with in-place rents, presenting a turnkey, low-maintenance income opportunity for investors looking to expand a multifamily portfolio.
Key Highlights
- Two adjacent triplexes sold together with 6 total units
- All units are 2 bed, 1 bath
- 1‑car garage parking per unit
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
$80,862
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
5.29%
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%
$1,617,240
$1.6M
Cap Rate 7%
$1,155,171
$1.2M
Cap Rate 9%
$898,467
$898.5K
Market Conditions
NOI Build-Up for 4,800 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
$121.0K $25.20/SF
− Vacancy
−$5.4K −$1.13/SF
EGI
$115.5K $24.07/SF
− OpEx
−$34.7K −$7.22/SF
NOI
$80.9K $16.85/SF
Area
Pomona, CA
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
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%
$1,617,240
Cap Rate 7%
$1,155,171
Cap Rate 9%
$898,467
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.01M – $1.35M
NOI $80,862 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$1.06M
$929.5K – $1.24M
NOI $74,356 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,735 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,540
Businesses Nearby
Explore this area
Business Placement
Demographics for 91766, CA
70,701
Population
20,217
Households
3.5
Avg Household Size
34
Median Age
20%
College-Educated
71%
High-School Grad
10.1 sq mi
ZIP Area
7,000
Density / Sq Mi
$77,699
Median Household Income
$34,705
Median Earnings
$1,776
Median Rent
$568,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Two adjacent triplexes totaling six occupied units with separate electric and gas meters and one-car garage parking per unit.
Where is this triplex located?
The property is located at 805 E 8th St Pomona, CA.
What is the asking price?
The asking price for this property is $1,528,000.
What are key features of this property?
This property features: Two adjacent triplexes sold together with 6 total units; All units are 2 bed, 1 bath; 1‑car garage parking per unit
