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2049 Las Vegas Avenue

Larry Flores Sells Pomona Multifamily Asset At 2049 Las Vegas Avenue For $2.06M With Eric Chen & Blake Torgerson As Buyer's Representatives
SOLDMultiFamily

Larry Flores Sells Pomona Multifamily Asset At 2049 Las Vegas Avenue For $2.06M With Eric Chen & Blake Torgerson As Buyer's Representatives

2049 Las Vegas Avenue

$2,060,000

$200/SF

Building Size

10,292 SF

Asset Type

MultiFamily

Closing

Nov 25, 2025

AI

The asset involved in this transaction is a multifamily property located at 2049 Las Vegas Avenue in the Pomona market. The sale was completed at a price of $2,060,000. This property comprises 10 units and has a total square footage of 10,292, translating to a price per unit of $206,000 and a price per square foot of $200.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $2,060,000
  • Units: 10
  • Price Per Unit: $206,000
  • Square Footage: 10,292
  • Price Per Square Foot: $200
  • Seller: Larry Flores
  • Buyer's Representative: Eric Chen & Blake Torgerson - CBRE
  • Date of Transaction: 11/25/2025

Eric Chen and Blake Torgerson represented the buyer in this transaction, facilitating the sale with their expertise at CBRE. Their involvement underscores the professional collaboration involved in real estate transactions.

Players

Blake Torgerson

CBRE

Broker

$286.1M

vol

48 deals

Broker

Pomona MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.70%

Cash-on-Cash

-2.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93