552 San Antonio AvePomona, CA 91767

Property Details for 552 San Antonio Ave

Year built

1959

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

3,312 SF

Zone code

POC4*

Property type

Retail properties

Property subtype

Retail space

APN

8323-005-017

APU

8323005017

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,212,604

  6.5%

  $1,119,327

  7%

  $1,039,375

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,415,110

  Geo Method

  $1,620,756

• Alternative Use

  Use

  Valuation

  Residential

  $944,194

  Hospitality

  $864,877

  Educational

  $719,567

  Medical

  $744,314

  Retail

  $1,119,327

Location Insight

City

Pomona

County

Los Angeles

State

California

Latitude

34.0634

Longitude

-117.736

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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