702 N Garey, Pomona, CA — listing photo 1
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FOR SALE

702 N Garey

Pomona, CA 91767
12,335 Lot Sq Ft
Built 1948
$2,180,000

Property Overview

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.

Home Details

Property type
Residential Income - Mixed Use
Year built
1948
Lot size
12,335 sq ft
Parking
8 spaces
Carport
4 spaces
Stories
2
Days on market
42
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Zero To One Unit Acre

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

702 N Garey

Pomona, CA 91767

Frequently Asked Questions About 702 N Garey

Property type: Residential Income

The current asking price is $2,180,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 702 N Garey. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1948. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Pomona, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Pomona property.
The MLS currently reports the property as Active. It has been listed for 42 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: JOYCE LEE
MLS ID: WS77511

Available property

$2,180,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.