Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,750,000
Medical Office Space
2703 Towne Ave Pomona, CA 91766-6206
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9166859
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2014
Construction
TILT-UP CONCRETE
Total area
11,566 SF
Lot
2.73 ac (118,791 SF)
Zoning code
POC4
APN
8331-016-027
UPID
US09-9166859
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
-
DaVita Pomona Valley Dialysis Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.58M
Blend (final)
Blend
$7.75M
Owner & transaction history
Cove Net Lease Medical 52 Dst · 4 yrs held
Cove Net Lease Medical 52 Dst
since 2022
Last sale
$7.7M
6 recorded transactions
Zoning & alternative use
POC4 · Pomona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$7.0M
+33.9%
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
$7,745,000
ML approach
$7,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,260,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$7,040,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$7.75M
Range $6.98M – $8.53M · ±10% · vs last sale $7.73M (Feb 18 2022)
Last sale anchor
$7.73M
Feb 18 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
$670 / 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
$101,425
Tax year 2024
Assessed value
$8,042,292
Assessed 2024
Previous assessed
$8,042,292
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$5,618,160
Assessed improvement
$2,424,132
Applied tax rate
11.0000
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
Off-Market
Year built
2014
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Total area
11,566 SF
Lot
2.73 ac (118,791 SF)
Zoning code
POC4
APN
8331-016-027
UPID
US09-9166859
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POC4 · Pomona, CA
Zoning POC4 · permitted uses
POC4 · 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
MEDICAL BUILDING Current
Est. value
$5.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.0M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
2014
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.73 ac
Current owner
From public records · entity-resolved
Cove Net Lease Medical 52 Dst
Individual
Mailing address
2958 COLUMBIA ST STE #360, TORRANCE, CA 90503-3806
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2022
$7,730,000
Cove Net Lease Medical 52 Dst
Hess Junction Plaza LLC
Grant Deed
—
Jul 16, 2021
—
Hess Junction Plaza LLC
—
Deed
related
$2,600,000 · Bay Commercial Bank
Jul 17, 2015
$6,500,000
Hess-junction Plaza LLC
Mpvca Pomona LLC
Grant Deed
$2,600,000 · Kinecta FCU
Jul 12, 2013
—
Mpvca Pomona LLC
—
Trustees Deed
related
$3,375,000 · Bank Of The West
Jun 11, 2013
$900,000
Mpvca Pomona LLC
Fountain West 2 LP
Grant Deed
—
Jun 19, 2006
$665,000
Fountain West 2
Havadjia Holdings INC
Grant Deed
$432,250 · First Private Bk&tr
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2703 Towne Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
