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
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