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Residential Income Property

1924 Bobolink Way Pomona, CA 91767

New
1924 Bobolink Way, Pomona, CA, 91767
$900,000
For Sale
$900,000

MULTI_FAMILY - Pomona, CA

Property Size2,016 SF
Lot Size0.18 Acres
Price / SF$446.43
Days on Market6

Property Features for 1924 Bobolink Way

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
POR2*
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Laundry Room, Bathroom 2, Bedroom 2
Parking
2
Standard status
Active
APN
8362005043
Size
2,016 SF
Lot size
0.18 Acres

Utilities

Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public

Building Details

Year built
1963
Floors in Building
1
Number of units
2
Listing Agency JohnHart Real Estate
215 N Victory Blvd, Sherman Oaks, CA
Listed by Benyamin Aghaee · License #01937000
Added: Jul 13 Checked: Jul 18 at 7:06 am
MLS# SR26155565

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This residential income property offers a spacious 4-bedroom, 2-bath layout with approximately 2,016 square feet of interior living space. The home includes bright, open living areas and a well-appointed kitchen, along with generously sized bedrooms. Outside, there is ample outdoor space suited to everyday enjoyment as well as gatherings.

Located in Pomona, the property is positioned near shopping, dining, and schools, with easy freeway access for convenient commuting. The lot size is approximately 0.1838 acres, and the property is designated under zoning POR2*.

Overall, the configuration supports comfortable day-to-day living with flexible indoor and outdoor space, making it a straightforward option for an owner looking to hold or utilize the residence.

Key Highlights

  • Spacious 4‑bedroom, 2‑bathroom home with 2,016 sq. ft. of living space
  • Built in 1963 with central air cooling
  • Public water and public sewer

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 $50.8k $25.20
− Vacancy −$2.3k −$1.13
EGI $48.5k $24.07
− OpEx −$14.6k −$7.22
NOI $34.0k $16.85
2,016 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$485.2K
$424.5K – $566.0K (±1% cap)
NOI $33,962 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$446.1K
$390.4K – $520.5K (±1% cap)
NOI $31,230 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$646.4K
$565.6K – $754.2K (±1% cap)
NOI $45,249 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Barber Shop Gym & Fitness Center HVAC Service Accounting Firm Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Spacious 4-bedroom, 2-bath home with 2,016 sq. ft. and ample outdoor space in Pomona.
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 $900,000.
What are key features of this property?
This property features: Spacious 4‑bedroom, 2‑bathroom home with 2,016 sq. ft. of living space; Built in 1963 with central air cooling; Public water and public sewer
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