Duplex Residence with Private
For Sale
$895,000
1924 Royalty Drive, Pomona, CA 91767
A four-bedroom home offers a private driveway and garage within a two-unit property.
Property Size2,016 SF
Price / SF$443.95
Days on Market106
Property Features for 1924 Royalty Drive
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Duplex
Units
Unit Mix
1 x 4BR/2BA
Multifamily Units
1
Additional Details
Highway Access
Yes
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 26
Last Checked: Oct 26 at 10:36AM
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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Investment Insights
Based on property information with market context.
This 2,016-square-foot residence is one of two units in a duplex and has four bedrooms and two bathrooms. Its layout includes living areas and bedroom space, along with a private driveway and garage for the unit. The property was built in 1963.
Shopping, dining, schools, and major freeways are nearby in Pomona.
Shopping, dining, schools, and major freeways are nearby in Pomona.
Key Highlights
- One of two residences in a duplex
- Four bedrooms and two bathrooms
- Private driveway and garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,230
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,600
$624.6K
Cap Rate 7%
$446,143
$446.1K
Cap Rate 9%
$347,000
$347.0K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$59.3K $29.40/SF
− Vacancy
−$2.5K −$1.23/SF
EGI
$56.8K $28.17/SF
− OpEx
−$25.6K −$12.67/SF
NOI
$31.2K $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 Rate 5%
$624,600
Cap Rate 7%
$446,143
Cap Rate 9%
$347,000
Alternative Uses
Best Use
Apartment 5plus
$446.1K
$390.4K – $520.5K
NOI $31,230 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
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
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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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Frequently Asked Questions
What type of property is this?
Residential income property - A four-bedroom home offers a private driveway and garage within a two-unit property.
Where is this residential income property located?
The property is located at 1924 Royalty Drive 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: One of two residences in a duplex; Four bedrooms and two bathrooms; Private driveway and garage
