9-Unit Mixed-Use
For Sale
$1,900,000
1476 West Holt Avenue, Pomona, CA 91768
Apartment and retail components occupy a visible commercial site along a busy Pomona corridor.
Property Size6,163 SF
Price / SF$308.29
Days on Market314
Property Features for 1476 West Holt Avenue
General Information
Standard status
Active
Size
6,163 SF
Property subtype
Commercial-Res Income / Com-Res Income
Zoning
CSP
Amenities
1
0.0
5
Listing Agency:
Sovessa Inc.
(619) 592-2655
Listed By:
Stefan Misiraca · License #01381792
(619) 592-2655
Source:
Compass
Added: Oct 21, 2025
Changed: Aug 30
Last Checked: Aug 30 at 6:50AM
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 Sovessa Inc.
Investment Insights
Based on property information with market context.
The property combines apartment and retail space within a 6,163-square-foot building containing 9 units. It occupies a 26,032-square-foot lot, equal to approximately 0.60 acres, and is positioned for a mixed-use operating strategy with residential and commercial components.
Located at 1476 West Holt Avenue in Pomona, the property fronts a high-traffic corridor with approximately 24,000 daily vehicles. Access to four major freeways supports regional connectivity. An adjacent industrial property is also available, creating an opportunity to evaluate the two offerings together.
Located at 1476 West Holt Avenue in Pomona, the property fronts a high-traffic corridor with approximately 24,000 daily vehicles. Access to four major freeways supports regional connectivity. An adjacent industrial property is also available, creating an opportunity to evaluate the two offerings together.
Key Highlights
- 9‑unit configuration with multifamily and retail components
- 6,163 SF building on a 26,032 SF lot
- Approximately 0.60 acres
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
$95,470
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
5.02%
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%
$1,909,400
$1.9M
Cap Rate 7%
$1,363,857
$1.4M
Cap Rate 9%
$1,060,778
$1.1M
Market Conditions
NOI Build-Up for 6,163 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
$181.2K $29.40/SF
− Vacancy
−$7.6K −$1.23/SF
EGI
$173.6K $28.17/SF
− OpEx
−$78.1K −$12.67/SF
NOI
$95.5K $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%
$1,909,400
Cap Rate 7%
$1,363,857
Cap Rate 9%
$1,060,778
Alternative Uses
Best Use
Apartment 5plus
$1.36M
$1.19M – $1.59M
NOI $95,470 @ 7.0% cap · market cap 5.02%
Second Best
Retail
$1.28M
$1.12M – $1.49M
NOI $89,261 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,327 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
755
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Apartment and retail components occupy a visible commercial site along a busy Pomona corridor.
Where is this mixed-use property located?
The property is located at 1476 West Holt Avenue Pomona, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 9‑unit configuration with multifamily and retail components; 6,163 SF building on a 26,032 SF lot; Approximately 0.60 acres
