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200 W Holt Avenue

Pomona, CA 91768
  • $1,490,000
  • STATUS: Active
  • ON SITE: 206 Days
  • ID#: PW24074330
UPDATED: 33 min ago
$1,490,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1932
County:
Area:

School Ratings & Info

Listing Agent(s): Vincent Cervera of T.N.G. Real Estate Consultants (714-987-3310) and Jane Barngrover of T.N.G. Real Estate Consultants(714-987-3310)


Description

Premier 8 unit commercial retail investment opportunity in the bustling heart of downtown Pomona, Los Angeles County, California. This exquisite property encompasses approximately 7,054 square feet, featuring eight fully leased units within a charming retail strip, all nestled on a substantial 0.22-acre corner lot. Two units currently have 2nd floors and the rest of the units may potentially be converted as well.The units are strategically located at the intersection of West Holt Avenue and North Main Street. This property boasts a prime position surrounded by an array of dining establishments, chic bars and lounges, cozy coffee shops, convenient banking services, auto repair shops, as well as residential apartments and churches. The location's exceptional visibility is further enhanced by a daily combined traffic flow of over 32,000 vehicles, ensuring constant exposure. The unit features 5 parking spaces via a gated parking lot in the back of the unit. Public parking across the street offers an additional 200+ parking spaces.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-13T19:34:39.02. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swell Property. Licensed in the State of California, USA.
www.swellproperty.com/homes/149545485
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200 W Holt Avenue Pomona, CA 91768

  • Price: $1,490,000
  • Status: Active
  • On Site: 206 Days
  • Updated: 33 min ago
  • ID#: PW24074330
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1932
Built
Neighborhood:
687 - Pomona
County:
Los Angeles
Area:
687 - Pomona
Property Description
Premier 8 unit commercial retail investment opportunity in the bustling heart of downtown Pomona, Los Angeles County, California. This exquisite property encompasses approximately 7,054 square feet, featuring eight fully leased units within a charming retail strip, all nestled on a substantial 0.22-acre corner lot. Two units currently have 2nd floors and the rest of the units may potentially be converted as well.The units are strategically located at the intersection of West Holt Avenue and North Main Street. This property boasts a prime position surrounded by an array of dining establishments, chic bars and lounges, cozy coffee shops, convenient banking services, auto repair shops, as well as residential apartments and churches. The location's exceptional visibility is further enhanced by a daily combined traffic flow of over 32,000 vehicles, ensuring constant exposure. The unit features 5 parking spaces via a gated parking lot in the back of the unit. Public parking across the street offers an additional 200+ parking spaces.
Exterior Features

Entry Level 1 Fencing Chain Link Lot Features 0-1 Unit/Acre Open Parking Spaces 6 Parking Total 6 Sign On Property YN No

Property Features

Additional Parcels YN No Business Type Mixed Cap Rate 5.2 Common Interest None Current Financing None Gross Scheduled Income 105000 Insurance Expense 3417 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Maintenance Expense 5000 Net Operating Income 79457.1 Number Of Units Leased 8 Operating Expense 25542.9 Property Sub Type Retail Special Listing Conditions Standard Tax Annual Amount 12557 Tax Year 2023 Trash Expense 3768.96 Utilities Sewer Connected Vacancy Allowance Rate 5 Water Sewer Expense 900 Water Source Public Zoning POC4



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-13T19:34:39.02. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swell Property. Licensed in the State of California, USA.
 
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Swell Property
1967 N. Coast Hwy 101
Encinitas CA, 92024
Listing Agent(s): Vincent Cervera of T.N.G. Real Estate Consultants (714-987-3310) and Jane Barngrover of T.N.G. Real Estate Consultants(714-987-3310)