Four-Unit
New
For Sale
$1,120,000
320 E Pearl, Pomona, CA 91767
Each residence has updated flooring and kitchen cabinetry, with coin-operated laundry available on site.
Property Size3,500 SF
Lot Size0.17 Acres
Price / SF$320
Days on Market1
Property Features for 320 E Pearl
General Information
Standard status
Active
Size
3,500 SF
Lot size
0.17 Acres
Property subtype
Investment
Occupancy
100%
Units
Multifamily Units
4
Parking per Unit
2
Additional Details
Gross Income
$92,760
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$12,425
Amenities
on-site laundry
Building Details
Building Size
3,500 SF
Year Built
1981
Buildings
1
Stories
2
Units
4
Listed By:
HANG TAO
(626) 662-7168
Source:
Elliman
Added: Sep 24
Last Checked: Sep 24 at 2:39PM
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 HANG TAO
Investment Insights
Based on property information with market context.
Built in 1981, this two-story quadplex contains four residences and approximately 3,500 square feet of building area on a 7,591-square-foot lot. The units have received updates within the past five years, including flooring and kitchen cabinetry. The roof was also replaced and the exterior repainted during that period. Coin-operated washers and dryers are provided through a third-party laundry service. The property is fully tenant occupied; interior access is by appointment after an offer is accepted, with advance notice for tenant coordination.
Each unit is assigned one covered and one uncovered parking space. The property is in Pomona, near shopping, restaurants, schools, transportation and major freeways. Its Walk Score is 85, Bike Score is 60 and Transit Score is 48.
Each unit is assigned one covered and one uncovered parking space. The property is in Pomona, near shopping, restaurants, schools, transportation and major freeways. Its Walk Score is 85, Bike Score is 60 and Transit Score is 48.
Key Highlights
- Four residences in a two‑story building with approximately 3,500 square feet
- 7,591‑square‑foot lot
- Built in 1981
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
$58,962
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
5.26%
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%
$1,179,240
$1.2M
Cap Rate 7%
$842,314
$842.3K
Cap Rate 9%
$655,133
$655.1K
Market Conditions
NOI Build-Up for 3,500 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
$88.2K $25.20/SF
− Vacancy
−$4.0K −$1.13/SF
EGI
$84.2K $24.07/SF
− OpEx
−$25.3K −$7.22/SF
NOI
$59.0K $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 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%
$1,179,240
Cap Rate 7%
$842,314
Cap Rate 9%
$655,133
Alternative Uses
Best Use
Multifamily LT 5
$842.3K
$737.0K – $982.7K
NOI $58,962 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$774.5K
$677.7K – $903.6K
NOI $54,218 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.12M
$982.0K – $1.31M
NOI $78,557 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,671
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has updated flooring and kitchen cabinetry, with coin-operated laundry available on site.
Where is this quadplex located?
The property is located at 320 E Pearl Pomona, CA.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: Four residences in a two‑story building with approximately 3,500 square feet; 7,591‑square‑foot lot; Built in 1981
