Pomona, CA 91767 416 N Garey Avenue

Presented By: Mario Pinedo with Muller Realtors and Management; 415-269-6249
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC25035910
  • 02/18/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.

Home Details

Prime Mixed use project in final stages for TTM approval for 64 units and 4,000sf commercial on Garey ave with 28,000+ cars a day traffic count in an Opportunity zone in near Historic-downtown Pomona with an easy walk to central transit hub along with all downtown /city hall amenities along with the local artisan museums, medical school. See attached proforma and elevations as numbers show with 2024 rents the project has the ability after buildout to stabilization the builder/investor should have a new property with a 8.5% cap rate and if held for 10 years from close of escrow and owner meets all opportunity requirements then a potential of all profit federal tax free ( buyer to verify with their tax/legal consultants). Call for rent survey. Two adjacent parcels included in this planned project and list price.
Presented By: Mario Pinedo with Muller Realtors and Management; 415-269-6249

Interior Features for 416 N Garey Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 416 N Garey Avenue

Additional Parcels Description8336021030
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityPomona
Community FeaturesStreetLights, Suburban, Sidewalks
CountyLos Angeles
Current FinancingNone
Current UseCommercial
DirectionsCorner of Center Street and N Garey
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet27878.0
Lot Size UnitsSquareFeet
MLS Area687 - Pomona
MobileHomeRemainsYNNo
New ConstructionNo
Possible UseMultiFamily
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot16
UtilitiesElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
ViewNone
ZoningPOC4*

Exterior for 416 N Garey Avenue

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.64
Lot Size Area27878.0
Lot Size SourceEstimated
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,950,000
MLS#OC25035910
List Date 02/18/2025
Property Type Land
Phone 714.742.6515
Request Tour
Request Info
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