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Property profile & analytics
OFF-MARKET
Estimated value
$4,440,000
Apartment buildings
1660 Berkeley Ave Pomona, CA 91768-1757
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8624184
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1956
Construction
WOOD
Total area
27,673 SF
Lot
1.74 ac (76,003 SF)
Zoning code
POR31000*
APN
8359-017-041
UPID
US09-8624184
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
-
Pomona nail princess Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.44M
Owner & transaction history
Holdings No 1 Mpsn · 19 yrs held
Holdings No 1 Mpsn
since 2007
7 recorded transactions
Zoning & alternative use
POR31000* · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,050,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$4.44M
Range $4.00M – $4.88M · ±10%
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
$160 / 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
$61,870
Tax year 2024
Assessed value
$4,480,057
Assessed 2024
Previous assessed
$4,480,057
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$1,838,922
Assessed improvement
$2,641,135
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
1956
Construction
WOOD
Heating
NONE
Cooling
YES
Units
36
Bathrooms
36
Total area
27,673 SF
Lot
1.74 ac (76,003 SF)
Zoning code
POR31000*
APN
8359-017-041
UPID
US09-8624184
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POR31000* · Pomona, CA
Zoning POR31000* · permitted uses
POR31000* · 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
WAREHOUSE, STORAGE
Est. value
$7.1M
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
1956
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
36
Bathrooms
36
Lot
1.74 ac
Current owner
From public records · entity-resolved
Holdings No 1 Mpsn
Entity
Mailing address
4900 SANTA ANITA AVE STE 2B, EL MONTE, CA 91731-1490
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2017
—
Mpsn L Oldings #1 LP
—
Deed
related
$2,930,000 · Homestreet Bank
Mar 12, 2007
—
Holdings No 1 Mpsn
Mpsn Properties
Quit Claim Deed
$4,549,000 · Column Financial INC
Dec 28, 2006
$1,649,000
Mpsn Properties
Rao Ramachandra Trust
Grant Deed
$2,720,000 · Positive Investments INC
Dec 16, 2004
—
Rao Ramachandra Trust
Pi Properties No 18
Grant Deed
$1,800,000 · Washington Mutual Fsb
Dec 31, 1996
—
Pi,props 18
1994-s2 Props Ptnrshp,
Trustees Deed
related
$542,500 · Quaker City Federal S & L
Jun 5, 1995
$1,000,000
1994-s2 Properties LP
Nijjar Trust
Trustees Deed
—
Jul 25, 1990
$1,970,500
Michael Cirrito
R G Garland Corp
Grant Deed
—
—
—
Pi Properties 18 LP
—
Deed Of Trust
related
$1,237,500 · Abn Amro Mortgage Group INC
—
—
Nijjar Swaranjit
—
Deed Of Trust
related
$100,000 · Glendale Federal Bank
—
—
Nijjar Trust
—
Deed Of Trust
related
$106,400 · Glendale Federal 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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