Property profile

530 Washington Ave Pomona, CA 91767

OFF-MARKET
Office buildings
Property ID
US09-7956453
708 SF 0.15 ac lot Built 1971
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 530 Washington Avenue, Pomona, CA 91767, presents a unique investment opportunity. Zoned POC-4, this vacant lot is ideally suited for warehousing or light to medium manufacturing. Located just one block north of Holt Avenue and one block east of Reservoir, the property boasts a large, open interior space extensively rewired with numerous 120-volt grounded outlets, making it ready for immediate occupancy. The site is completely secured with a chain-link fence and a steel gate at the street, providing ample security. Abundant parking is available on-site. The interior has been recently cleaned and repainted, presenting a clean and move-in ready space. The asking price is $287,500, with the seller open to carrying a trust deed note up to $45,000. Alternatively, the property is available for lease at a monthly rate of $1,525. This prime location in Pomona offers excellent access to transportation and local amenities, making it an attractive proposition for a variety of commercial uses. Don't miss this chance to acquire a well-maintained, ready-to-use commercial property in a thriving area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Construction TILT-UP CONCRETE
Total area 708 SF
Lot 0.15 ac (6,436 SF)
Zoning code POC4*
APN 8323-011-010
UPID US09-7956453

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply General Contractor
  • General Contractor

Location

530 Washington Ave Pomona, CA 91767-5036
Pomona metro Census 402702 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2020
Last sale
$280,002
7 recorded transactions
2020
Price N/A
2020
$280,000
2011
$110,000
2011
Price N/A
2010
$150,000
2006
$300,000
2005
$433,000

Zoning & alternative use

POC4* · Pomona, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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