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Property profile & analytics
FOR SALE
Retail space
197 E 2Nd St, Pomona, CA 91766
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-6902635
For Sale
1 / 47
$6,950,000
197 E 2Nd St, Pomona, CA 91766
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1932
Construction
TILT-UP CONCRETE
Total area
17,300 SF
Lot
0.1 ac (4,198 SF)
Zoning code
POC3*
APN
8335-009-015
UPID
US09-6902635
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ce_Fishe Restaurant
-
Shaun Diamond Plaza Park
-
Xecora Pomona Restaurant
-
Vice Ultra Lounge Nightclub DJ & Entertainment
-
STARS Restobar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.23M
CAP Approach
CAP
$3.86M
Comparable Approach
Comparable
$6.09M
Blend (final)
Blend
$5.08M
Owner & transaction history
Kba Properties LLC · 2 yrs held
Kba Properties LLC
since 2023
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
POC3* · Pomona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.9M
+97.8%
Office building
$6.9M
+74.1%
Commercial (general)
$6.5M
+62.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pomona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pomona submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,065,000
ML approach
$5,225,000
CAP Approach
CAP Return
Estimation
6%
$4,175,000
6.5%
$3,855,000
7%
$3,580,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,975,000
Current use
MEDICAL BUILDING
$7,865,000
Change: +98% · Conversion: Difficult
OFFICE BUILDING
$6,920,000
Change: +74% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,455,000
Change: +62% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,530,000
Change: +39% · Conversion: Difficult
RESTAURANT
$5,315,000
Change: +34% · Conversion: Easy
Blend value · Realmo final
$5.08M
Range $4.57M – $5.58M · ±10% · vs last sale $5.00M (Oct 6 2023)
Last sale anchor
$5.00M
Oct 6 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$293 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$71,609
Tax year 2024
Assessed value
$5,000,000
Assessed 2024
Previous assessed
$5,000,000
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$1,500,000
Assessed improvement
$3,500,000
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1932
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
17,300 SF
Lot
0.1 ac (4,198 SF)
Zoning code
POC3*
APN
8335-009-015
UPID
US09-6902635
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POC3* · Pomona, CA
Zoning POC3* · permitted uses
POC3* · Pomona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pomona. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$7.9M
OFFICE BUILDING
Est. value
$6.9M
COMMERCIAL (GENERAL)
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$5.5M
RESTAURANT
Est. value
$5.3M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1932
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Kba Properties LLC
Entity
Mailing address
197 E 2ND ST, POMONA, CA 91766-1728
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2023
$5,000,000
Kba Properties LLC
Jason Sobhi Abboud
Grant Deed
$3,614,000 · Xchange Solutions INC
Nov 16, 2022
—
Kba Properties LLC
—
Deed
related
$300,000 · The Abboud Family Trust
Jun 20, 2018
—
Abboud Family Trust
—
Grant Deed
related
$1,600,000 · Farmers & Merchants Bk/lng Bch
Jan 15, 2003
$237,500
Jason S Abboud
Wall,james M
Grant Deed
$480,000 · South Coast Commercial Bank
Mar 26, 2002
—
Abboud Trust
Bowman Trust
Grant Deed
related
—
Aug 30, 1996
$240,000
Luke Trust
Omni Bank
Grant Deed
—
Jan 18, 1994
$243,974
Omni Bank
Wong,andy C
Trustees Deed
related
—
Nov 6, 1991
—
Andy C Wong
—
Deed Of Trust
related
—
Dec 16, 1988
$330,000
Dinh Van T
Edgar
Grant Deed
$200,000 · Progressive Savings Bank
—
—
Andy C Wong
—
Deed Of Trust
related
$150,000 · Individual
—
—
Andy C Wong
—
Deed Of Trust
related
$150,000 · Individual
—
—
Abboud,jason S & Sophie
—
Deed Of Trust
related
$1,500,000 · Hana Small Busn Lndg
—
—
Edgar Jerry A An
—
Deed Of Trust
related
$200,000 · Imperial Thrift & Loan
—
—
Abboud Family Trust
—
Deed Of Trust
related
$350,000 · Roger E & Cynthia M Laty
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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