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.
Property Details
Price:
$2,180,000
MLS #:
WS26128348
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
687pomona
Listed Date:
Jun 15, 2026
Total Sq Ft:
6,202
Lot Size:
12,335 sqft / 0.28 acres (approx)
Year Built:
1948
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Common Walls
_2CW
Community Features
SL, MTN
Parking Spots
8
Parking Total
8
Financial
Maintenance Fee
$5,681
Map
Community
- Address702 N Garey Pomona CA
- CityPomona
- CountyLos Angeles
- Zip Code91767
Market Summary
Current real estate data for Single Family in Pomona as of Jul 12, 2026
241
Single Family Listed
67
Avg DOM
372
Avg $ / SqFt
$587,111
Avg List Price
Property Summary
- 702 N Garey Pomona CA is a Single Family for sale in Pomona, CA, 91767. It is listed for $2,180,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1948. The average price per square foot for Single Family listings in Pomona is $372. The average listing price for Single Family in Pomona is $587,111.
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