Exceptional Investment Opportunity in the Heart of Pomona with 7%+ Cap Rate! Welcome to this high-performing, cash-flowing fourplex featuring four distinct addresses with excellent rental history:
988 N Garey Ave: Spacious 3 Bed / 2 Bath
990 N Garey Ave: Desirable 2 Bed / 2 Bath
155 E Alvarado St: Comfortable 2 Bed / 1 Bath
153 E Alvarado St: Cozy 1 Bed / 1 Bath
Massive Capital Improvements & True Turnkey Peace of Mind! Within the last 10 years, this property has undergone extensive and major renovations. Enjoy significantly reduced maintenance costs and landlord overhead thanks to a newer roof, upgraded plumbing and electrical systems, completely remodeled kitchens, fresh interior/exterior paint, durable new flooring, updated windows, and newly poured concrete throughout the outdoor areas. Additionally, independent utility setups further minimize landlord expenses.
An Investor’s Dream with Strong Financials! Generating a robust gross annual rental income of approximately $85,000, this property delivers an impressive 7%+ Cap Rate right out of the gate—a rare find in today’s Southern California market!
Commuters will love the easy access to major highways (I-10, CA-60, and CA-71) and public transit, including the Pomona Metrolink station. It is also just minutes away from Western University of Health Sciences, Cal Poly Pomona, Downtown Pomona’s vibrant arts and dining district, shopping centers, and local schools.
Showing Terms: Due to tenant privacy and high demand, offers must be submitted upfront, subject to interior inspection. Don’t miss out on this fantastic, low-maintenance, high-yield multi-family gem—secure your next portfolio-maker today!
988 N Garey Ave: Spacious 3 Bed / 2 Bath
990 N Garey Ave: Desirable 2 Bed / 2 Bath
155 E Alvarado St: Comfortable 2 Bed / 1 Bath
153 E Alvarado St: Cozy 1 Bed / 1 Bath
Massive Capital Improvements & True Turnkey Peace of Mind! Within the last 10 years, this property has undergone extensive and major renovations. Enjoy significantly reduced maintenance costs and landlord overhead thanks to a newer roof, upgraded plumbing and electrical systems, completely remodeled kitchens, fresh interior/exterior paint, durable new flooring, updated windows, and newly poured concrete throughout the outdoor areas. Additionally, independent utility setups further minimize landlord expenses.
An Investor’s Dream with Strong Financials! Generating a robust gross annual rental income of approximately $85,000, this property delivers an impressive 7%+ Cap Rate right out of the gate—a rare find in today’s Southern California market!
Commuters will love the easy access to major highways (I-10, CA-60, and CA-71) and public transit, including the Pomona Metrolink station. It is also just minutes away from Western University of Health Sciences, Cal Poly Pomona, Downtown Pomona’s vibrant arts and dining district, shopping centers, and local schools.
Showing Terms: Due to tenant privacy and high demand, offers must be submitted upfront, subject to interior inspection. Don’t miss out on this fantastic, low-maintenance, high-yield multi-family gem—secure your next portfolio-maker today!
Property Details
Price:
$880,000
MLS #:
TR26125762
Status:
Pending
Beds:
8
Baths:
6
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
687pomona
Listed Date:
Jun 9, 2026
Finished Sq Ft:
3,121
Lot Size:
6,763 sqft / 0.16 acres (approx)
Year Built:
1902
See this Listing
Schools
School District:
Pomona Unified
Interior
Bathrooms
6 Full Bathrooms
Cooling
ELC, ES
Interior Features
_2STR
Laundry Features
IK
Levels
U
Main Level Bathrooms
6
Main Level Bedrooms
8
Exterior
Common Walls
NCW
Community Features
SDW, HIKI, BIKI
Garage Spaces
8
Parking Spots
8
Parking Total
8
View
NO
Financial
Map
Community
- Address988 S Garey Pomona CA
- CityPomona
- CountyLos Angeles
- Zip Code91766
Market Summary
Current real estate data for Single Family in Pomona as of Jun 17, 2026
214
Single Family Listed
76
Avg DOM
354
Avg $ / SqFt
$572,328
Avg List Price
Property Summary
- 988 S Garey Pomona CA is a Single Family for sale in Pomona, CA, 91766. It is listed for $880,000 and features 8 beds, 6 baths, and has approximately 3,121 square feet of living space, and was originally constructed in 1902. The current price per square foot is $282. The average price per square foot for Single Family listings in Pomona is $354. The average listing price for Single Family in Pomona is $572,328.
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Courtesy of Coldwell Banker Envision. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.988 S Garey
Pomona, CA