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Property profile & analytics
OFF-MARKET
Investment properties
248 2nd St Pomona, CA 91766-1739
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7828662
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1888
Construction
TILT-UP CONCRETE
Total area
15,268 SF
Lot
0.23 ac (10,140 SF)
Zoning code
POC3*
APN
8341-004-018
UPID
US09-7828662
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
-
The Glass House Record Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vej Pomona 1 LP · 5 yrs held
Vej Pomona 1 LP
since 2021
Last sale
$75,000
7 recorded transactions
Zoning & alternative use
POC3* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$13,463
Tax year 2024
Assessed value
$454,597
Assessed 2024
Previous assessed
$454,597
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$132,185
Assessed improvement
$322,412
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1888
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
15,268 SF
Lot
0.23 ac (10,140 SF)
Zoning code
POC3*
APN
8341-004-018
UPID
US09-7828662
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POC3* · Pomona, CA
Zoning POC3* · permitted uses
POC3* · 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
1888
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Vej Pomona 1 LP
Entity
Free & Clear · 5 yrs held
Mailing address
191 W 4TH ST, POMONA, CA 91766-1715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2024
—
Vej Pomona 1 LP
—
Deed
related
$1,410,000 · Rize FCU
Apr 6, 2021
—
Vej Pomona 1 LP
Vct Management LLC
Quit Claim Deed
related
—
Feb 17, 2021
$7,500
Gerald V Tessier
Catherine B Tessier
Quit Claim Deed
related
—
Feb 4, 2021
—
Catherine B Tessier
Vej Pomona 1 LP
Quit Claim Deed
related
—
Dec 5, 2011
—
Vej Pomona 1 LP
Tessier Family Trust
Quit Claim Deed
related
—
Nov 6, 1998
$75,000
Tessier Trust
Carter,madeliene D
Trustees Deed
$147,502 · Seller
Dec 16, 1996
$27,000
Tessier Trust
Edward R Evans Estate
Grant Deed
—
Dec 18, 1992
—
Frank G Evans
—
Deed Of Trust
related
—
May 3, 1989
—
Frank G Evans
—
Deed Of Trust
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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