Adjacent Triplexes Income
For Sale
$1,528,000
805 E 8th St, Pomona, CA 91766
Two adjacent triplexes totaling six occupied units with separate electric and gas meters and one-car garage parking per unit.
Property Size4,800 SF
Days on Market94
Property Features for 805 E 8th St
General Information
Standard status
Active
Size
4,800 SF
Total Parking Spaces
6
Property subtype
Investment
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
6
Building Details
Building Size
4,800 SF
Year Built
1962
Stories
1
Units
6
Tenancy
Multi
Listing Agency:
CIRCA PROPERTIES, INC.
Listed By:
ISABELLA SUN · License #02115974
(626) 674-5188
Source:
Elliman
Added: Jul 21
Changed: Oct 12
Last Checked: Oct 20 at 10:06PM
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 CIRCA PROPERTIES, INC.
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Investment Insights
Based on property information with market context.
This offering includes two adjacent triplexes sold together, totaling six residential units. The properties were built in 1961/1962 and feature 2-bedroom, 1-bath layouts. Each unit includes 1-car garage parking, and separate electric and gas meters are provided for each unit to help minimize owner expenses and simplify management.
The property is located in Pomona and is described as close to Cal Poly Pomona, downtown Pomona’s Arts District, and major freeway access.
The units are 100% occupied with in-place rents, presenting a turnkey, low-maintenance income opportunity for investors looking to expand a multifamily portfolio.
The property is located in Pomona and is described as close to Cal Poly Pomona, downtown Pomona’s Arts District, and major freeway access.
The units are 100% occupied with in-place rents, presenting a turnkey, low-maintenance income opportunity for investors looking to expand a multifamily portfolio.
Key Highlights
- Two adjacent triplexes sold together with 6 total units
- All units are 2 bed, 1 bath
- 1‑car garage parking per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,862
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,617,240
$1.6M
Cap Rate 7%
$1,155,171
$1.2M
Cap Rate 9%
$898,467
$898.5K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$121.0K $25.20/SF
− Vacancy
−$5.4K −$1.13/SF
EGI
$115.5K $24.07/SF
− OpEx
−$34.7K −$7.22/SF
NOI
$80.9K $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%
$1,617,240
Cap Rate 7%
$1,155,171
Cap Rate 9%
$898,467
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.01M – $1.35M
NOI $80,862 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$1.06M
$929.5K – $1.24M
NOI $74,356 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,735 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,540
Businesses Nearby
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Business Placement
Demographics for 91766, CA
70,701
Population
20,217
Households
3.5
Avg Household Size
34
Median Age
20%
College-Educated
71%
High-School Grad
10.1 sq mi
ZIP Area
7,000
Density / Sq Mi
$77,699
Median Household Income
$34,705
Median Earnings
$1,776
Median Rent
$568,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Two adjacent triplexes totaling six occupied units with separate electric and gas meters and one-car garage parking per unit.
Where is this triplex located?
The property is located at 805 E 8th St Pomona, CA.
What is the asking price?
The asking price for this property is $1,528,000.
What are key features of this property?
This property features: Two adjacent triplexes sold together with 6 total units; All units are 2 bed, 1 bath; 1‑car garage parking per unit
