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Property profile & analytics
FOR LEASE
Auto shops
501 W 2Nd St Pomona, CA 91766
Individually Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7828506
For Lease
1 / 4
$690,000
501 W 2Nd St, Pomona, CA 91766
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Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1910
Construction
TILT-UP CONCRETE
Total area
7,800 SF
Lot
0.18 ac (7,768 SF)
Zoning code
POC3*
APN
8341-002-017
UPID
US09-7828506
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
by Request
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$690k
Owner & transaction history
M Gabaee · 14 yrs held
M Gabaee
since 2011
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
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
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$88 / 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
$10,549
Tax year 2024
Assessed value
$480,246
Assessed 2024
Previous assessed
$480,246
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$197,024
Assessed improvement
$283,222
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1910
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
7,800 SF
Lot
0.18 ac (7,768 SF)
Zoning code
POC3*
APN
8341-002-017
UPID
US09-7828506
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
1910
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
M Gabaee
Individual
Free & Clear · 14 yrs held
Mailing address
9034 W SUNSET BLVD, WEST HOLLYWOOD, CA 90069-1819
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Nov 30, 2011
$53,000
M Gabaee
Broadway Square LLC
Grant Deed
—
Nov 21, 2011
—
Broadway Square LLC
—
Deed Of Trust
related
$1,400,000 · Excel Property Mgmt Svcs INC
Sep 15, 2011
$1,200,000
Broadway Square LLC
Stewart Default Services
Trustees Deed
related
—
Sep 25, 1997
$55,000
Robert E Dahms
Sowamco 111 Ltd
Grant Deed
—
Nov 14, 1996
$122,302
Sowamco III Ltd
Pilcher,e C
Trustees Deed
—
Sep 23, 1988
$100,000
E C Pilcher
Casa Colina Hosp
Grant Deed
$114,000 · Pomona First Federal S & L
—
—
Plicher E Charle
—
Deed Of Trust
related
$67,700 · Us Small Business Admn
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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