Duplex
For Sale
$895,000
1924 Bobolink Way, Pomona, CA 91767
The residential layout includes four bedrooms and two bathrooms, with shopping, dining, schools, and freeway access nearby.
Property Size2,016 SF
Price / SF$443.95
Days on Market107
Property Features for 1924 Bobolink Way
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
1
Building Details
Building Size
2,016 SF
Year Built
1963
Listing Agency:
JohnHart Real Estate
(818) 802-9589
Listed By:
Benyamin Aghaee · License #01937000
(818) 246-1099
Source:
35oakspropertygroup
Added: Jul 16
Changed: Oct 28
Last Checked: Oct 26 at 11:26AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex property contains 2,016 square feet and was built in 1963. The described residence has four bedrooms and two bathrooms, with living areas, a kitchen, and outdoor space.
Shopping, dining, schools, and freeway access are nearby in Pomona.
Shopping, dining, schools, and freeway access are nearby in Pomona.
Key Highlights
- 2,016 square feet of property area
- Four bedrooms and two bathrooms
- Built in 1963
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,962
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,240
$679.2K
Cap Rate 7%
$485,171
$485.2K
Cap Rate 9%
$377,356
$377.4K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$50.8K $25.20/SF
− Vacancy
−$2.3K −$1.13/SF
EGI
$48.5K $24.07/SF
− OpEx
−$14.6K −$7.22/SF
NOI
$34.0K $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 Rate 5%
$679,240
Cap Rate 7%
$485,171
Cap Rate 9%
$377,356
Alternative Uses
Best Use
Multifamily LT 5
$485.2K
$424.5K – $566.0K
NOI $33,962 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$446.1K
$390.4K – $520.5K
NOI $31,230 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$646.4K
$565.6K – $754.2K
NOI $45,249 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,250
Businesses Nearby
Explore this area
Business Placement
Demographics for 91767, CA
51,654
Population
15,653
Households
3.3
Avg Household Size
36
Median Age
21%
College-Educated
80%
High-School Grad
5.7 sq mi
ZIP Area
9,062
Density / Sq Mi
$80,201
Median Household Income
$37,340
Median Earnings
$1,749
Median Rent
$585,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The residential layout includes four bedrooms and two bathrooms, with shopping, dining, schools, and freeway access nearby.
Where is this duplex located?
The property is located at 1924 Bobolink Way Pomona, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 2,016 square feet of property area; Four bedrooms and two bathrooms; Built in 1963
