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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Retail space
1614 Msn Blvd Pomona, CA 91766-1242
Trust Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8588651
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Construction
TILT-UP CONCRETE
Total area
4,000 SF
Lot
0.15 ac (6,446 SF)
Zoning code
POCC*
APN
8349-002-026
UPID
US09-8588651
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
$950k
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$960k
Owner & transaction history
First Citizens Bank & Trust Company · 3 yrs held
First Citizens Bank & Trust Company
since 2022
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
POCC* · Pomona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+62.3%
Auto repair, garage
$1.3M
+39.1%
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
$920,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
$965,000
6.5%
$890,000
7%
$830,000
Alternative Use
Use
Estimation
RETAIL STORES
$920,000
Current use
COMMERCIAL (GENERAL)
$1,490,000
Change: +62% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,280,000
Change: +39% · Conversion: Difficult
WAREHOUSE, STORAGE
$850,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10% · vs last sale $1.00M (Feb 8 2022)
Last sale anchor
$1.00M
Feb 8 2022
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
$240 / 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
$8,401
Tax year 2024
Assessed value
$636,724
Assessed 2024
Previous assessed
$636,724
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$344,892
Assessed improvement
$291,832
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
Off-Market
Year built
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,000 SF
Lot
0.15 ac (6,446 SF)
Zoning code
POCC*
APN
8349-002-026
UPID
US09-8588651
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POCC* · Pomona, CA
Zoning POCC* · permitted uses
POCC* · 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
$920,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$850,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
First Citizens Bank & Trust Company
Trust
Free & Clear · 3 yrs held
Mailing address
20616 DREXEL DR, WALNUT, CA 91789-5017
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2022
—
First Citizens Bank & Trust Company
Haixia Li
Deed
—
Feb 8, 2022
$1,000,000
Haixia Li
Alexander O Pilz
Grant Deed
$500,000 · First Citizens Bank & Trust Co
Feb 8, 2022
—
Haixia Li
—
Deed
related
$362,000 · California Statewide Certified Developme
Sep 22, 2021
—
Alexander O Pilz
Anne G Apgar
Deed
—
Aug 31, 2021
—
Alexander O Pilz
Anne G Apgar
Affidavit Death Of Trustee/successor Trustee
—
Oct 27, 2005
—
Apgar Family Trust
Apgar,anne G
Quit Claim Deed
related
—
Jun 8, 1966
—
Anne G Apgar
—
Grant Deed
related
—
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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