Property profile

552 San Antonio Ave Pomona, CA 91767

OFF-MARKET
Retail space
Property ID
US09-7495297
3,312 SF 0.14 ac lot Built 1959
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,312 square foot retail strip center, situated on a 0.14-acre lot at 552 N San Antonio Avenue in Pomona, CA, presents a lucrative investment opportunity. The property boasts seven individual units, currently housing a diverse mix of established businesses including a snack shop, bargain store, flower shop, hair salon, and supplement/vitamin and party supply store. Units A through E are currently leased, generating consistent rental income, while units F and G are vacant, offering immediate potential for owner-occupancy or additional lease revenue. The center features eleven convenient parking spaces for customers and tenants. A shared restroom is available for tenant use. Each unit is equipped with its own individual electrical meter, simplifying utility management. The property owner covers the costs associated with water, gas, trash removal, property taxes, and the electricity for common areas, minimizing operational expenses for tenants. The property's prime location at the northeast corner of the San Antonio Avenue and Holt Avenue intersection ensures high visibility and accessibility, attracting significant foot traffic and maximizing exposure for all tenants. This well-maintained property offers a blend of stable income and growth potential, making it an ideal acquisition for both seasoned investors and first-time buyers seeking a strong foothold in the Pomona commercial real estate market. The asking price is $988,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Construction WOOD
Total area 3,312 SF
Lot 0.14 ac (6,269 SF)
Zoning code POC4*
APN 8323-005-017
UPID US09-7495297

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
  • Nail Salon
  • Florist Wedding Service
  • Bank Credit Union

Location

552 San Antonio Ave Pomona, CA 91767
Pomona metro Census 402702 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
$740k
Comparable Approach Comparable
$659k
Blend (final) Blend
$335k

Owner & transaction history

since 2009
7 recorded transactions
2009
$455,000
2008
Price N/A
2007
$340,000
2007
Price N/A
2003
Price N/A
2000
$100,000
1999
Price N/A

Zoning & alternative use

POC4* · Pomona, CA
Top alternative use upside
Warehouse, storage $770,000 +29.2%
Office building $665,000 +11.9%

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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