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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Apartment buildings
1007 Waters Ave Pomona, CA 91766-2871
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0138999
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1954
Construction
WOOD
Total area
8,838 SF
Lot
0.4 ac (17,566 SF)
Zoning code
POR3
APN
8342-021-089
UPID
US10-0138999
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$990k
Owner & transaction history
Flazer 17 LP · 4 yrs held
Flazer 17 LP
since 2021
7 recorded transactions
Zoning & alternative use
POR3 · Pomona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$112 / 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
$23,981
Tax year 2024
Assessed value
$1,758,579
Assessed 2024
Previous assessed
$1,758,579
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$664,934
Assessed improvement
$1,093,645
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Cooling
YES
Units
10
Bathrooms
10
Total area
8,838 SF
Lot
0.4 ac (17,566 SF)
Zoning code
POR3
APN
8342-021-089
UPID
US10-0138999
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POR3 · Pomona, CA
Zoning POR3 · permitted uses
POR3 · 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.
Building & site characteristics
From public records
Year built
1954
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
10
Bathrooms
10
Lot
0.4 ac
Current owner
From public records · entity-resolved
Flazer 17 LP
Entity
Mailing address
4900 SANTA ANITA AVE STE 2C, EL MONTE, CA 91731-1490
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2022
—
Flazer 17 LP
—
Deed
related
$11,566,269 · Homestreet Bank
Oct 28, 2021
—
Flazer 17 LP
Golden Opportunity No 17 LP
Grant Deed
$11,591,250 · Homestreet Bank
Oct 23, 2018
—
Golden Opportunity No 17 LP
—
Grant Deed
related
$4,825,000 · Western Alliance Bk
Oct 16, 2018
$4,825,000
Golden Opportunity No 17 LP
San Cristobal Apts LLC
Grant Deed
—
Jul 1, 2014
—
San Cristobal Apts LLC
San Cristobal Apts LLC
Quit Claim Deed
related
$1,800,000 · Jp Morgan Chase Bk
Mar 9, 2006
—
San Cristobal Apts LLC
Custer,jay S & Tina
Grant Deed
related
—
Jul 3, 2002
$1,515,091
Jay S Custer
Tessier Trust
Grant Deed
$1,060,000 · World Savings Bank
Oct 25, 1991
—
Tessier Trust
Tessier,victor G
Quit Claim Deed
related
$150,000 · Century Thrift & Loan
—
—
Tessier Trust
—
Deed Of Trust
related
$855,000 · Quaker City Bank
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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