Mixed-Use Income Property with
For Sale
$2,180,000
702 N Garey, Pomona, CA 91767
11-unit mixed-use property with apartments and commercial units, plus a newly constructed unit ready for lease-up.
Property SizeContact for details
Days on Market50
Property Features for 702 N Garey
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Multifamily Units
8
Building Details
Year Built
1948
Listing Agency:
(626) 308-1536
Listed By:
JOYCE LEE
(626) 308-1536
Source:
Elliman
Added: Jun 18
Changed: Jul 10
Last Checked: Aug 6 at 6:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JOYCE LEE
Investment Insights
Based on property information with market context.
This 11-unit mixed-use income property includes 8 apartment units and 3 commercial units across two adjacent parcels totaling approximately 12,335 SF. The offering also features a newly constructed unit that is ready for lease-up, providing an additional step toward stabilizing income within the existing mix of residential and commercial space.
The property is located in Pomona, and the surrounding area reflects walkability and everyday accessibility, with a walkScore of 75 and a transitScore of 43. BikeScore is listed at 58, indicating the area is reasonably bikeable. The site includes an existing carport that the remarks suggest may be convertible into two Accessory Dwelling Units, subject to City approvals and applicable regulations.
For investors, developers, or owner-users, the combination of in-place rental units and commercial space can support an owner’s ability to manage both residential and income-producing commercial operations under one ownership structure. The remarks further indicate the site may offer potential to develop up to 23 units, but the buyer should verify zoning and development requirements with the City of Pomona.
The property is located in Pomona, and the surrounding area reflects walkability and everyday accessibility, with a walkScore of 75 and a transitScore of 43. BikeScore is listed at 58, indicating the area is reasonably bikeable. The site includes an existing carport that the remarks suggest may be convertible into two Accessory Dwelling Units, subject to City approvals and applicable regulations.
For investors, developers, or owner-users, the combination of in-place rental units and commercial space can support an owner’s ability to manage both residential and income-producing commercial operations under one ownership structure. The remarks further indicate the site may offer potential to develop up to 23 units, but the buyer should verify zoning and development requirements with the City of Pomona.
Key Highlights
- 11‑unit mixed‑use income property in Pomona: 8 apartment units and 3 commercial units
- Two adjacent parcels totaling approximately 12,335 SF
- Includes a newly constructed unit ready for lease‑up
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
996
Businesses Nearby
Explore this area
Business Placement
Demographics for 91767, CA
51,654
Population
15,653
Households
3.3
Avg Household Size
36
Median Age
21%
College-Educated
80%
High-School Grad
5.7 sq mi
ZIP Area
9,062
Density / Sq Mi
$80,201
Median Household Income
$37,340
Median Earnings
$1,749
Median Rent
$585,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - 11-unit mixed-use property with apartments and commercial units, plus a newly constructed unit ready for lease-up.
Where is this apartment building located?
The property is located at 702 N Garey Pomona, CA.
What is the asking price?
The asking price for this property is $2,180,000.
What are key features of this property?
This property features: 11‑unit mixed‑use income property in Pomona: 8 apartment units and 3 commercial units; Two adjacent parcels totaling approximately 12,335 SF; Includes a newly constructed unit ready for lease‑up
