Property profile

1377 W 2Nd St Pomona, CA 91766

FOR SALE
Industrial land
Property ID
US09-8565903
0.14 ac lot
Individually Owned 1-yr Hold Free & Clear
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1377 W 2Nd St, Pomona, CA 91766 For Sale
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1377 W 2Nd St, Pomona, CA 91766
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Property summary

AI-generated overview

This exceptional 6,109 square foot industrial land parcel, located at 1377 W 2nd St in Pomona, California, presents a compelling investment opportunity. Zoned M1, this property offers significant potential for various uses. The lot is conveniently situated in Los Angeles County, with the property address verified as 1377 W 2nd St, Pomona, CA 91766. Its prime location boasts close proximity to the 71 Freeway and Downtown Pomona, providing easy access to major transportation routes and urban amenities. The land is fully paved, privately fenced, and gated, enhancing security and functionality. The existing infrastructure makes it ideal for use as a contractor's yard, offering ample space for equipment storage and operations. However, the M1 zoning also opens doors to potential development opportunities, allowing for a range of future projects. The property's strategic location also presents potential for car parking solutions, catering to the growing demand in the area. The Assessor's Parcel Number (APN) is 8348-018-021. This property is offered at an asking price of $650,000. Serious inquiries are encouraged to explore the full potential of this versatile industrial land.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.14 ac (6,109 SF)
Zoning code POM1*
APN 8348-018-021
UPID US09-8565903

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1377 W 2Nd St Pomona, CA 91766
Pomona metro Census 409000 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2024
Last sale
$38,000
4 recorded transactions
2024
Price N/A
2007
Price N/A
1991
$38,000
1989
$36,000

Zoning & alternative use

POM1* · Pomona, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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