| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 74th | Fair |
| Demographics | 35th | Fair |
| Amenities | 41st | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1731 W Holt Ave, Pomona, CA, 91768, US |
| Region / Metro | Pomona |
| Year of Construction | 2009 |
| Units | 90 |
| Transaction Date | 2004-12-06 |
| Transaction Price | $1,800,000 |
| Buyer | TIVOLI PLAZA LP |
| Seller | POMONA HOUSING PARTNERS LP |
1731 W Holt Ave Pomona Multifamily Investment
Newer 2009 vintage relative to the area supporting competitive positioning and lower near-term capital needs while neighborhood occupancy remains high, according to WDSuite s CRE market data. This combination points to durable renter demand in Pomona s urban core.
Located in Pomona s Urban Core, the property benefits from neighborhood occupancy that trends in the top quartile nationally and sits above the Los Angeles metro median (measured at the neighborhood level, not the property), based on CRE market data from WDSuite. Elevated ownership costs across the metro support sustained reliance on rentals, which can aid pricing power and lease retention.
Livability markers show everyday convenience: grocery access ranks in the higher national percentiles and parks and cafes are comparatively plentiful. The local school environment trends below the national median, which some operators weigh in leasing strategies. Childcare and pharmacy options are more limited immediately nearby, implying some residents may travel slightly farther for those services.
The asset s 2009 construction is newer than the neighborhood s average housing stock from the early 1970s. This typically enhances competitiveness versus older buildings, though investors should still plan for ongoing system upkeep and potential common-area updates to maintain positioning.
Within a 3-mile radius, demographics point to a stable renter base: households have been increasing even as average household size trends smaller, expanding the pool of potential renters and supporting occupancy stability. Renter-occupied share in the 3-mile area is material, indicating depth of tenant demand for multifamily housing.
Relative to national and metro trends, local median rents sit above the national median while rent-to-income ratios remain manageable for many households. In a high-cost ownership market, elevated home values tend to reinforce multifamily demand and can support lease retention.
Safety indicators are mixed but improving. The neighborhood s overall crime ranking is above the metro median among 1,441 Los Angeles-area neighborhoods, suggesting comparative strength within the region. Nationally, broader crime readings trend better than average, while violent offense metrics sit below national medians, underscoring the importance of property-level security and active management.
Year-over-year, both violent and property offense estimates have improved materially according to WDSuite s CRE data. Investors should monitor trend persistence and coordinate with local resources to maintain a stable operating environment.
Proximity to diversified employers supports workforce housing demand and commute convenience, including distribution, environmental services, healthcare supply, industrial technology, consumer brands, and utilities. The following nearby employers can help anchor renter demand:
- Ryder Vehicle Sales transportation & logistics (3.9 miles)
- Waste Management environmental services (6.8 miles)
- Mckesson Medical Surgical healthcare distribution (9.3 miles)
- United Technologies industrial technology offices (11.4 miles)
- Chevron energy offices (14.3 miles)
- General Mills consumer packaged goods (14.4 miles)
- Edison International utilities (17.2 miles) HQ
1731 W Holt Ave is a 90-unit, 2009-built community positioned in a Los Angeles County urban core submarket where neighborhood occupancy trends above the metro median and in the top quartile nationally. Newer vintage versus the area s 1970s-era housing stock supports competitive positioning, with potential to drive steady leasing and moderated near-term capital planning. Within a 3-mile radius, households are trending higher while average household size is declining, which can expand the renter pool and support occupancy stability over time. Elevated ownership costs across the metro further sustain reliance on rentals, aiding retention and pricing discipline.
According to CRE market data from WDSuite, local amenities such as groceries, parks, and cafes are relatively strong, while schools trend below national medians and certain services (childcare, pharmacies) are less dense nearby. The demand backdrop is reinforced by access to a diversified employment base within 4 17 miles. Overall, the thesis emphasizes durable renter demand with prudent attention to operating risks.
- High neighborhood occupancy above metro median supports leasing stability (neighborhood-level metric)
- 2009 construction offers competitive positioning versus older local stock with manageable modernization needs
- 3-mile household growth and smaller household sizes expand the tenant base and support retention
- Elevated home values in the metro reinforce renter reliance on multifamily housing and pricing discipline
- Risks: school ratings below national medians, mixed-but-improving safety, and lighter density of certain services nearby