7
See all 7 photos
$2,180,000
Est. payment /mo
0.28 Acres Lot
New
702 N Garey Pomona, CA 91767
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Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26128348
HOA Y/N No
Year Built 1948
Lot Size 0.283 Acres
Property Sub-Type Mixed Use
Property Description
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. Additionally, the existing carport may offer the potential to be converted into two Accessory Dwelling Units, subject to City approvals and applicable regulations, creating further value-add opportunities. The site may also offer potential to develop up to 23 units (buyer to verify with the City of Pomona regarding zoning and development requirements). Ideal for investors, developers, and owner-users looking to benefit from existing income with future growth potential.
Location
State CA
County Los Angeles
Area 687 - Pomona
Interior
Fireplace No
Laundry None
Exterior
Carport Spaces 4
Pool None
Community Features Mountainous, Street Lights
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8336008014
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by JOYCE LEE GLOBAL INV. GRP.,INC. 626-354-2666, DRE #01899024
NEARBY SCHOOL & BUSINESS