Two-Bedroom Residential Income
New
For Sale
$165,000
1461 W Mission Boulevard, Pomona, CA 91766
Updated two-bedroom home with a two-car attached carport, community amenities, and efficient heating and cooling systems.
Property Size608 SF
Price / SF$271.38
Days on Market3
Property Features for 1461 W Mission Boulevard
General Information
Standard status
Active
Size
608 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Amenities
community swimming pool
social room
Building Details
Year Built
2005
Buildings
1
Construction
mobile home
Listing Agency:
REALTY MASTERS & ASSOCIATES
(951) 384-6600
Listed By:
GRACE QUIAMBAO · License #01746032
(951) 235-6251
Source:
Tfregroup
Added: Sep 5
Last Checked: Sep 6 at 8:53AM
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 REALTY MASTERS & ASSOCIATES
Investment Insights
Based on property information with market context.
This 608-square-foot residential property was built in 2005 and offers two bedrooms and two bathrooms in a low-maintenance layout. Recent improvements include kitchen cabinetry, countertops, a sink, flooring, and refreshed bathroom finishes. The primary bedroom includes a walk-in closet and stand-up shower. A tankless water heater, three mini-split air-conditioning and heating units, a new breaker, and washer and dryer hookups add practical utility. The attached carport accommodates two vehicles.
Community amenities include a swimming pool and social room. The property is positioned near schools, churches, shopping, dining, and access to freeways 71, 60, 10, 57, and 210. Small pets are permitted, with a limit of two.
Community amenities include a swimming pool and social room. The property is positioned near schools, churches, shopping, dining, and access to freeways 71, 60, 10, 57, and 210. Small pets are permitted, with a limit of two.
Key Highlights
- 608‑square‑foot home built in 2005
- Two bedrooms and two bathrooms
- Attached carport accommodates two cars
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
$9,418
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
5.71%
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%
$188,360
$188.4K
Cap Rate 7%
$134,543
$134.5K
Cap Rate 9%
$104,644
$104.6K
Market Conditions
NOI Build-Up for 608 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
$17.9K $29.40/SF
− Vacancy
−$751 −$1.23/SF
EGI
$17.1K $28.17/SF
− OpEx
−$7.7K −$12.67/SF
NOI
$9.4K $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 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%
$188,360
Cap Rate 7%
$134,543
Cap Rate 9%
$104,644
Alternative Uses
Best Use
Apartment 5plus
$134.5K
$117.7K – $157.0K
NOI $9,418 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$194.9K
$170.6K – $227.4K
NOI $13,646 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
761
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated two-bedroom home with a two-car attached carport, community amenities, and efficient heating and cooling systems.
Where is this residential income property located?
The property is located at 1461 W Mission Boulevard Pomona, CA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 608‑square‑foot home built in 2005; Two bedrooms and two bathrooms; Attached carport accommodates two cars
