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Property profile & analytics
OFF-MARKET
Estimated value
$4,465,000
Warehouses
1947 Mt Vernon Ave Pomona, CA 91768-3312
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0140482
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
TILT-UP CONCRETE
Total area
18,128 SF
Lot
0.81 ac (35,246 SF)
Zoning code
POM1*
APN
8348-004-023
UPID
US10-0140482
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
$4.60M
Comparable Approach
Comparable
$5.91M
Blend (final)
Blend
$4.47M
Owner & transaction history
Mount Vernon Properties LLC · 20 yrs held
Mount Vernon Properties LLC
since 2005
4 recorded transactions
Zoning & alternative use
POM1* · Pomona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.1M
+32.8%
Commercial (general)
$5.9M
+28.8%
Auto repair, garage
$5.8M
+25.5%
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%
$4,975,000
6.5%
$4,595,000
7%
$4,265,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,620,000
Current use
OFFICE BUILDING
$6,135,000
Change: +33% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,945,000
Change: +29% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,795,000
Change: +26% · Conversion: Easy
RESTAURANT
$5,570,000
Change: +21% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,530,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$4.47M
Range $4.02M – $4.91M · ±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
$246 / 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
$40,364
Tax year 2024
Assessed value
$3,135,095
Assessed 2024
Previous assessed
$3,135,095
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,205,804
Assessed improvement
$1,929,291
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
18,128 SF
Lot
0.81 ac (35,246 SF)
Zoning code
POM1*
APN
8348-004-023
UPID
US10-0140482
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POM1* · Pomona, CA
Zoning POM1* · permitted uses
POM1* · 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 Current
Est. value
$4.6M
OFFICE BUILDING
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$5.8M
RESTAURANT
Est. value
$5.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.5M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Mount Vernon Properties LLC
Entity
Mailing address
1937 MT VERNON AVE, POMONA, CA 91768-3312
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2020
—
Mount Vernon Properties LLC
—
Deed
related
$5,588,000 · City National Bank
Dec 11, 2017
—
Mount Vernon Properties LLC
—
Deed
related
$800,000 · Wells Fargo Bank NA
Dec 22, 2005
$2,342,000
Mount Vernon Properties LLC
Mount Vernon Partners
Grant Deed
$1,413,252 · Bank Of America
—
—
Mount Vernon Properties LLC
—
Deed Of Trust
related
$727,000 · Cdc Small Business Finance Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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