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Property profile & analytics
FOR SALE
Retail space

777 Indian Hill Blvd Pomona, CA 91767

4,700 SF 0.39 ac lot Built 1961
Individually Owned 33-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8623788
Property summary
AI-generated overview

This exceptional 4,700 square foot retail property, situated on a 0.8-acre lot at 777 Indian Hill Boulevard in Pomona, CA, presents a lucrative investment opportunity. Currently generating income from a beauty supply business, a restaurant, and a party supply tenant, this property offers multiple revenue streams. The square-shaped lot allows for optimal development and utilization of space. Its strategic location, just minutes from the freeway, places it within easy reach of a large and thriving residential community. This prime location makes it highly suitable for a variety of uses, including mixed-use development that could incorporate both commercial and residential components to meet the growing area demand. The property's current tenants provide a stable income base, while the significant development potential offers substantial upside for future growth. The asking price is $2,990,000. This is a rare chance to acquire a high-performing retail property with significant long-term potential in a rapidly developing area. The property's versatility and strong location make it an ideal investment for those seeking both immediate returns and future appreciation. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Construction WOOD
Total area 4,700 SF
Lot 0.39 ac (16,922 SF)
Zoning code POCC*
APN 8323-024-031
UPID US09-8623788
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
  • Apatzingan Restaurant Restaurant
  • Ed's Barber Shop Barber Shop
  • Crown Wigs & Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$585k
Blend (final) Blend
$570k
Owner & transaction history
Michael Y Shin · 33 yrs held
Michael Y Shin
since 1992
6 recorded transactions
1992
$300,000
1989
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
POCC* · Pomona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $945,000 +11.9%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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