702 N Garey, Pomona, CA 91767
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
702 N Garey,Pomona, CA 91767
$2,180,000
- - Beds
- - Baths
- 6,202 sq. ft.
- Multi-family
- Active
Listed by: joyce lee
Office: global inv. grp.,inc.626-214-7488
MLS#:WS26128348
Source:CRMLS
Price summary
- Price:$2,180,000
- Price per sq. ft.:$351.5
About this home
A rare opportunity to own an 11-unit mixed-use income property in Pomona consisting of 8 apartment units and 3 commercial units situated on two adjacent parcels totaling approximately 12,335 SF. The property features a strong rental history with long-term tenants and includes a newly constructed unit ready for lease-up. Based on the owner's provided financial information, the property offers an estimated 5% capitalization rate; buyers are advised to independently verify all income, expenses, and financial information. Additionally, the existing carport may offer the potential to be converted into two Accessory Dwelling Units (ADUs), subject to City approvals and applicable regulations, creating further value-add opportunities. The site may also offer the potential to develop up to 23 units (buyer to verify with the City of Pomona regarding zoning, density, and development requirements). Ideal for investors, developers, and owner-users looking to benefit from existing income with future growth potential....
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Home facts
- Year built:1948
- Listing ID #:WS26128348
- Added:52 day(s) ago
- Updated:August 07, 2026 at 10:51 AM
Rooms and interior
- Living area:6,202 sq. ft.
Structure and exterior
- Year built:1948
- Building area:6,202 sq. ft.
- Lot area:0.28 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,180,000
- Price per sq. ft.:$351.5
Parking
- Total parking spaces:8
- Parking description:4 Carport Space(s)
- Carport spaces:4
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