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Property profile & analytics
FOR LEASE
Medical Office Space
1902 Royalty Dr Pomona, CA 91767
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-7577088
For Lease
1 / 13
$31.80 SF/Yr
1902 Royalty Dr, Pomona, CA 91767
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Property summary
AI-generated overview
This exceptional two-story medical office building, totaling 32,387 square feet, is situated on a 1.96-acre lot at 1902 Royalty Drive, Pomona, CA 91767. Built in 1987 and renovated in 2018, the Class B property offers multiple tenancy options, with spaces ranging from 1,149 to 32,387 contiguous square feet
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Construction
WOOD
Total area
32,387 SF
Lot
1.96 ac (85,433 SF)
Zoning code
POAP-S*
APN
8362-007-048
UPID
US09-7577088
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
-
Royalty Medical Medical Clinic
-
Rochelle R. Bonsangue, DPT Medical Clinic
-
Able Physical Therapy Corp. Pomona Physician
-
Verve Weight Loss and Laser Aesthetics: Usha Mantha, MD Pediatrician Physician
-
Norman D. Reichwald, PSYD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.34M
CAP Approach
CAP
$8.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.23M
Owner & transaction history
1902 Royalty Drive LLC · 3 yrs held
1902 Royalty Drive LLC
since 2023
Last sale
$7.2M
7 recorded transactions
Zoning & alternative use
POAP-S* · 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
$7,285,000
ML approach
$7,340,000
CAP Approach
CAP Return
Estimation
6%
$8,745,000
6.5%
$8,070,000
7%
$7,495,000
Blend value · Realmo final
$7.23M
Range $6.51M – $7.95M · ±10% · vs last sale $7.15M (Mar 21 2023)
Last sale anchor
$7.15M
Mar 21 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
$223 / 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
$98,358
Tax year 2024
Assessed value
$7,293,000
Assessed 2024
Previous assessed
$7,293,000
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$4,233,000
Assessed improvement
$3,060,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1981
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
32,387 SF
Lot
1.96 ac (85,433 SF)
Zoning code
POAP-S*
APN
8362-007-048
UPID
US09-7577088
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POAP-S* · Pomona, CA
Zoning POAP-S* · permitted uses
POAP-S* · 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
1981
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.96 ac
Current owner
From public records · entity-resolved
1902 Royalty Drive LLC
Entity
Mailing address
1900 ROYALTY DR STE #160, POMONA, CA 91767-3045
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2023
$7,150,000
1902 Royalty Drive LLC
Eddie H Sieu
Grant Deed
$2,950,000 · First American Title Insurance
Apr 21, 2022
—
Eddie H Sieu
—
Deed
related
$3,580,000 · Hanmi Bank
Oct 17, 2019
—
Sieu,eddie H Family Trust
Eddie H Sieu
Quit Claim Deed
related
—
Dec 30, 2016
—
Eddie H Sieu
—
Deed
related
$3,500,000 · Hanmi Bank
Sep 24, 2015
$5,450,000
Eddie H Sieu
Royalty Plaza Development LLC
Grant Deed
$3,186,000 · First General Bank
May 18, 2005
$4,750,000
Royalty Plaza Dev LLC
Royalty Drive Medical Plz Ltd
Grant Deed
—
—
—
Royalty Drive Medical Plaza Ltd
—
Deed Of Trust
related
$3,200,000 · Pomona First Federal S & L
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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