Two-Unit Duplex with Private Rear
New
For Sale
$849,999
610 W Center, Pomona, CA 91768
A 3-bedroom front residence and 2-bedroom rear residence have separate utility meters and distinct outdoor access.
Property Size1,791 SF
Days on Market2
Property Features for 610 W Center
General Information
Standard status
Active
Size
1,791 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
3BR/2BA, 2BR/1BA
Multifamily Units
2
Building Details
Building Size
1,791 SF
Year Built
1964
Buildings
1
Listing Agency:
RE/MAX 2000 REALTY
Listed By:
TING CHEN · License #02158024
(949) 993-8858
Source:
Camdenmckayre
Added: Oct 1
Last Checked: Oct 1 at 2:16PM
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 RE/MAX 2000 REALTY
Investment Insights
Based on property information with market context.
This duplex contains two residences: a front unit with 3 bedrooms and 2 bathrooms, and a rear unit with 2 bedrooms and 1 bathroom. Updates include new flooring, contemporary finishes, and a modern kitchen with quartz counters and an oversized island. A front porch serves the larger residence, while the rear unit has a private driveway leading to its own yard.
Water, electricity, and gas are separately metered for each unit. Built in 1964, the property is minutes from major freeways, shopping, dining, and everyday services.
Water, electricity, and gas are separately metered for each unit. Built in 1964, the property is minutes from major freeways, shopping, dining, and everyday services.
Key Highlights
- Two residences: front unit with 3 bedrooms and 2 bathrooms; rear unit with 2 bedrooms and 1 bathroom
- Separate water, electricity, and gas meters for each unit
- Rear residence has a private driveway with vehicle access to its own yard
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
$30,172
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
3.55%
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%
$603,440
$603.4K
Cap Rate 7%
$431,029
$431.0K
Cap Rate 9%
$335,244
$335.2K
Market Conditions
NOI Build-Up for 1,791 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
$45.1K $25.20/SF
− Vacancy
−$2.0K −$1.13/SF
EGI
$43.1K $24.07/SF
− OpEx
−$12.9K −$7.22/SF
NOI
$30.2K $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%
$603,440
Cap Rate 7%
$431,029
Cap Rate 9%
$335,244
Alternative Uses
Best Use
Multifamily LT 5
$431.0K
$377.2K – $502.9K
NOI $30,172 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$396.3K
$346.8K – $462.4K
NOI $27,744 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$574.3K
$502.5K – $670.0K
NOI $40,199 @ 7.0% cap · market cap 4.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,646
Businesses Nearby
Explore this area
Business Placement
Demographics for 91768, CA
35,568
Population
8,848
Households
4
Avg Household Size
31
Median Age
14%
College-Educated
70%
High-School Grad
8.2 sq mi
ZIP Area
4,338
Density / Sq Mi
$76,313
Median Household Income
$32,461
Median Earnings
$1,606
Median Rent
$536,500
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?
Duplex - A 3-bedroom front residence and 2-bedroom rear residence have separate utility meters and distinct outdoor access.
Where is this duplex located?
The property is located at 610 W Center Pomona, CA.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Two residences: front unit with 3 bedrooms and 2 bathrooms; rear unit with 2 bedrooms and 1 bathroom; Separate water, electricity, and gas meters for each unit; Rear residence has a private driveway with vehicle access to its own yard
