Remodeled Duplex with Separate
For Sale
$1,050,000
807 N Gibbs, Pomona, CA 91767
Two residences share one lot with independent utility meters, fenced outdoor areas, and on-site laundry.
Property Size2,801 SF
Days on Market64
Property Features for 807 N Gibbs
General Information
Standard status
Active
Size
2,801 SF
Property subtype
Duplex
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
5BR/2.5BA, 1BR/1BA
Multifamily Units
2
Amenities
fenced yard
patios
on site laundry area
covered porch
Building Details
Building Size
2,801 SF
Year Built
1908
Buildings
2
Listing Agency:
Kowill Mortgage Inc,DBA Kowill Realty
Listed By:
Koko Nyein · License #01504276
Source:
Camdenmckayre
Added: Aug 20
Changed: Oct 20
Last Checked: Oct 21 at 7:08AM
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 Kowill Mortgage Inc,DBA Kowill Realty
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Investment Insights
Based on property information with market context.
This duplex comprises a 2,185-square-foot main house and a 616-square-foot rear residence on one lot. The front home includes five bedrooms, two-and-one-half bathrooms, a first-floor primary bedroom with private bath, a large utility room, and a 675-square-foot garage. The rear unit offers one bedroom, one bathroom, a living room, kitchen, laundry area, and two patios. Both residences have been remodeled with updated flooring, kitchen appliances, bathrooms, central air conditioning, and newly painted interiors and exteriors.
Separate street numbers, utility meters, and entrances serve 807 and 809 N. Gibbs St. Fenced front and rear yards provide outdoor space, while the rear area includes on-site laundry. The property was built in 1908 and is located in Pomona, California. The oversized garage may offer potential for conversion to a third unit, subject to applicable approvals and verification.
Separate street numbers, utility meters, and entrances serve 807 and 809 N. Gibbs St. Fenced front and rear yards provide outdoor space, while the rear area includes on-site laundry. The property was built in 1908 and is located in Pomona, California. The oversized garage may offer potential for conversion to a third unit, subject to applicable approvals and verification.
Key Highlights
- Two residences on one lot with separate entrances and utility meters
- 2,185‑square‑foot main house with 5 bedrooms and 2‑1/2 bathrooms
- 616‑square‑foot rear unit with 1 bedroom, 1 bathroom, living room, and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,186
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$943,720
$943.7K
Cap Rate 7%
$674,086
$674.1K
Cap Rate 9%
$524,289
$524.3K
Market Conditions
NOI Build-Up for 2,801 SF
Gross rent
$70.6K $25.20/SF
− Vacancy
−$3.2K −$1.13/SF
EGI
$67.4K $24.07/SF
− OpEx
−$20.2K −$7.22/SF
NOI
$47.2K $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 Rate 5%
$943,720
Cap Rate 7%
$674,086
Cap Rate 9%
$524,289
Alternative Uses
Best Use
Multifamily LT 5
$674.1K
$589.8K – $786.4K
NOI $47,186 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$619.9K
$542.4K – $723.2K
NOI $43,390 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$898.1K
$785.9K – $1.05M
NOI $62,868 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,697
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences share one lot with independent utility meters, fenced outdoor areas, and on-site laundry.
Where is this duplex located?
The property is located at 807 N Gibbs Pomona, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two residences on one lot with separate entrances and utility meters; 2,185‑square‑foot main house with 5 bedrooms and 2‑1/2 bathrooms; 616‑square‑foot rear unit with 1 bedroom, 1 bathroom, living room, and kitchen
