1924 1936 Royalty Drive Pomona, CA 91767
1924 1936 Royalty Drive, Pomona, CA, 91767
$1,826,000
For Sale
$1,826,000
Duplexes
Property Size4,032 SF
Price / SF$452.88
Days on Market44
Property Features for 1924 1936 Royalty Drive
General Information
- Standard status
- Active
- Size
- 4,032 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1963
Listing Agency
JohnHart Real Estate
(818) 802-9589
Listed by
Benyamin Aghaee · License #01937000
(818) 802-9589
Source
Exitrealty
Added: Jun 4 Checked: Jul 16 at 4:18 am
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 JohnHart Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Two adjacent duplex properties in Pomona sold together: 1924 Royalty Drive and 1936 Royalty Drive
- 4 total residential units across two parcels (APNs 8362‑016‑008 and 8362‑016‑007)
- Each duplex has two 2‑bedroom, 1‑bath units, for 8 bedrooms and 4 bathrooms total
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.6k | $25.20 |
| − Vacancy | −$4.6k | −$1.13 |
| EGI | $97.0k | $24.07 |
| − OpEx | −$29.1k | −$7.22 |
| NOI | $67.9k | $16.85 |
4,032 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$970.3K
$849.1K – $1.13M
NOI $67,924 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$892.3K
$780.7K – $1.04M
NOI $62,459 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,497 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
Where is this duplex located?
The property is located at 1924 1936 Royalty Drive Pomona, CA.
What is the asking price?
The asking price for this property is $1,826,000.
What are key features of this property?
This property features: Two adjacent duplex properties in Pomona sold together: 1924 Royalty Drive and 1936 Royalty Drive; 4 total residential units across two parcels (APNs 8362‑016‑008 and 8362‑016‑007); Each duplex has two 2‑bedroom, 1‑bath units, for 8 bedrooms and 4 bathrooms total
