1225-1227 W Mission Blvd
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1225-1227 W Mission Blvd
1,347 SF 100% Leased Retail Building Pomona, CA 91766 £869,011 (£645/SF) 5.18% Net Initial Yield
Executive Summary
Price reduced for quick sales.... Investors dream. Investors will have the choice to take over this fully leased multi-tenant retail property. C4 zoned property offers two street-level retail shops in the front and a residential studio in the rear with strong historical occupancy with long-term tenants. Plenty of onsite parking. The property also has the potential for business owners or investors can take advantage of this Fully entitled 15-unit apartment Building.
-3 Stories High
-5 Units per floor
-15 Units 2 Bed 2 Bed Units, 13, 1 Bed 1 Bath Units
- Potential retail unit facing Mission Blvd.
Pomona is a gateway city to LA, OC, SB, and Riverside markets.
Let the seller's hard work be your reward for this 0.20 AC Lot Size, 8,578 SF.
Builders (buyer to verify property development standards with the City).
The property is situated in the highway commercial district of Pomona. Please do not disturb current tenants.
-3 Stories High
-5 Units per floor
-15 Units 2 Bed 2 Bed Units, 13, 1 Bed 1 Bath Units
- Potential retail unit facing Mission Blvd.
Pomona is a gateway city to LA, OC, SB, and Riverside markets.
Let the seller's hard work be your reward for this 0.20 AC Lot Size, 8,578 SF.
Builders (buyer to verify property development standards with the City).
The property is situated in the highway commercial district of Pomona. Please do not disturb current tenants.
Property Facts
Sale Type
Investment
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
1,347 SF
Building Class
C
Year Built
1940
Price
£869,011
Price Per SF
£645
Net Initial Yield
5.18%
NOI
£45,031
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.16
Land Acres
0.20 AC
Zoning
POC4* - General Commercial
Parking
3 Spaces (2.23 Spaces per 1,000 SF Leased)
Frontage
45 ft on Mission Blvd
Amenities
- Bus Route
- Air Conditioning
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 8348-016-044 | Improvements Assessment | £35,702 |
| Land Assessment | £95,225 | Total Assessment | £130,928 |
PROPERTY TAXES
Parcel Number
8348-016-044
Land Assessment
£95,225
Improvements Assessment
£35,702
Total Assessment
£130,928
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Gus Otaki -
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1225-1227 W Mission Blvd
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