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Chand Rava Purchases Unbranded Gas Station In Pomona From Rosa Lopez For $5.2M

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SOLD
$5,200,000

California

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Retail1,200 SF
Sold 08/15/2025
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Property Image
SOLD

Chand Rava Purchases Unbranded Gas Station In Pomona From Rosa Lopez For $5.2M

698 East Holt Avenue

See Similar Deals
Retail1,200 SF
Sold 08/15/2025
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$4,333
Total Square Footage:1,200 SF
Transaction Type:Sale

The retail asset located at 698 East Holt Avenue in Pomona has been sold for $5,200,000. This property spans 1,200 square feet, translating to a price per square foot of $4,333. The asset was sold as an owner-user gas station and has the advantage of being unbranded, allowing the new owner some flexibility in brand selection.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,200,000
  • Address: 698 East Holt Avenue
  • Market: Pomona
  • Square Footage: 1,200
  • Price Per Square Foot: $4,333
  • Buyer: Chand Rava
  • Seller: Rosa Lopez
  • Broker: Arian Zerehi - Maher Commercial Real Estate

Arian Zerehi of Maher Commercial Realty represented both the buyer, Chand Rava, and the seller, Rosa Lopez, in this transaction. Arian Zerehi is recognized as one of the leading brokers in Southern California, specializing in gas stations and car washes, and has a proven track record of closing complex transactions.

Players

Arian Zerehi
11 deals$79.5M volume(310) 943-8530
BROKER

Maher Commercial Realty
BROKERAGE

Details

SOLD
IMAGE: Arian Zerehi DATE: 08/15/2025 ADDRESS: 698 East Holt Avenue MARKET: Pomona ASSET TYPE: Retail BUYER: Chand Rava SELLER: Rosa Lopez BROKER: Arian Zerehi (@Arian_Z3) - Maher Commercial Real Estate SALE PRICE: $5,200,000 SF: 1,200 ~ PPSF: $4,333 NOTE FROM BROKER: Arian Zerehi of Maher Commercial Realty represented both the buyer and seller in this owner-user gas station sale. The station was unbranded, giving the new owner the flexibility to choose a brand and capture valuable branding dollars. If you’re in the business of buying or selling gas stations, car washes, or commercial real estate, feel free to reach out. Arian is recognized as one of the leading brokers in Southern California specializing in gas stations and car washes, with a proven track record of closing complex transactions. We currently have a strong book of buyers actively looking to purchase all types of commercial real estate. Feel free to reach out for a private valuation of your property.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$277,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,474.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,650.65
Annual Debt Service$295,807.83