New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Office buildings
823 Park Ave Pomona, CA 91768
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8622655
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1958
Construction
WOOD
Total area
5,773 SF
Lot
0.43 ac (18,886 SF)
Zoning code
POAPVV
APN
8340-011-018
UPID
US09-8622655
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
$1.45M
CAP Approach
CAP
$1.53M
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.48M
Owner & transaction history
Sergio R Gomez · 2 yrs held
Sergio R Gomez
since 2023
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
POAPVV · 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
$1,500,000
ML approach
$1,450,000
CAP Approach
CAP Return
Estimation
6%
$1,655,000
6.5%
$1,530,000
7%
$1,420,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,955,000
Current use
COMMERCIAL (GENERAL)
$1,895,000
Change: -3% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,845,000
Change: -5% · Conversion: Difficult
RESTAURANT
$1,775,000
Change: -9% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,760,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±10% · vs last sale $1.46M (Nov 15 2023)
Last sale anchor
$1.46M
Nov 15 2023
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
$256 / 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
$15,147
Tax year 2024
Assessed value
$1,096,000
Assessed 2024
Previous assessed
$1,096,000
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$840,000
Assessed improvement
$256,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
5,773 SF
Lot
0.43 ac (18,886 SF)
Zoning code
POAPVV
APN
8340-011-018
UPID
US09-8622655
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POAPVV · Pomona, CA
Zoning POAPVV · permitted uses
POAPVV · 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
OFFICE BUILDING Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RESTAURANT
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1958
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Sergio R Gomez
Individual
Mailing address
825 N PARK AVE, POMONA, CA 91768-3002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2023
$1,456,000
Sergio R Gomez
Msp Properties V LLC
Grant Deed
—
Jan 3, 2023
—
Msp Properties V LLC
—
Deed
related
$2,900,000 · Vicino Limited Partnership
Mar 18, 2013
—
Msp Properties V LLC
Msp Properties III LLC
Quit Claim Deed
—
Dec 12, 2012
—
Msp Properties III LLC
San Miguel Health Plan INC
Quit Claim Deed
related
—
Aug 21, 2009
—
San Miguel Health Plan INC
—
Deed Of Trust
related
$1,500,000 · Cathay Bank
Apr 15, 2009
—
San Miguel Health Plan INC
—
Deed Of Trust
related
$1,500,000 · Cathay Bank
Aug 11, 2008
—
San Miguel Health Plan INC
Msp Properties III LLC
Quit Claim Deed
related
—
Jun 13, 2007
—
Msp Properties V LLC
—
Deed Of Trust
related
$3,000,000 · Cathay Bank
Mar 22, 2006
—
Msp Properties V LLC
Michael Family Trust
Quit Claim Deed
related
—
Oct 29, 2003
—
Michael,tr
Michael,tr
Quit Claim Deed
related
$1,047,750 · Golden Security Bank
Dec 29, 1989
$258,500
Mahfouz M Michael
Unknown
Grant Deed
—
—
—
Msp Properties V LLC
—
Deed Of Trust
related
—
—
—
Msp Properties V LLC
—
Deed Of Trust
related
$550,000 · Torrey Pines Bank
—
—
Mahfouz M Michael
—
Deed Of Trust
related
$265,000 · Safarik Trust
—
—
San Miguel Health Plan INC
—
Deed Of Trust
related
$500,000 · Danari Broadway LLC
May 4, 1964
—
—
—
Grant Deed
related
—
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 823 Park 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.
