604 S Garey, Pomona, CA 91766

$1,580,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,580,000
Status
ACTIVE
MLS#
PW26238042
Year Built
1962
Lot Size
10,861
Acres
0.25
Lot Location
Corner Lot
Days on Market
0
Property Type
Commercial
Property Sub Type
Retail

Property Description

**Investment Highlights** Rare opportunity to acquire a multi-parcel commercial investment in the heart of Downtown Pomona consisting of two separate APNs totaling approximately 18,680 square feet of land area. **APN 8335-025-001** * 7,426 SF multi-tenant retail/commercial building * Five income-producing retail/commercial units * Situated on a 10,858 SF lot * Established in-place rental income * Prime corner location with strong visibility and traffic exposure * Directly across from Pomona City Hall and Chase Bank * Walking distance to Downtown Pomona Arts District, restaurants, entertainment, and transit services Additional Value-Add Opportunity This offering provides investors with the unique combination of $10,400 monthly current cash flow and future development potential **. Also for sale a separate parking lot parcel with its own APN located at 190 E 6th St may offer opportunities for redevelopment under the City's new Midtown Segment zoning framework, which is intended to encourage mixed-use, residential, commercial, and urban infill development. Investors can benefit from existing rental income while evaluating future repositioning opportunities. Location Highlights * Highly visible corner location in Downtown Pomona * High-Traffic commercial corridor * Across from Pomona City Hall * Near Western University of Health Sciences * Minutes from Cal Poly Pomona * Convenient access to Interstate 10, SR-57, SR-71, and SR-60 * Near Metrolink, Amtrak, and Pomona Transit Center * Strong pedestrian and vehicle traffic counts * Located within an area experiencing continued public and private investment Strategically located along S. Garey Avenue in Pomona, this commercial property offers excellent street frontage and prominent visibility within an established commercial corridor. Conveniently situated near Pomona City Hall, the property benefits from its central location and proximity to surrounding businesses, government offices, and local amenities.

Additional Information

Water
Public
Attached Structure
Detached
Number Of Units Total
2634
Gross Scheduled Income
$118,560

Listing courtesy of Listing Agent: Carlos Ascencio (carlos@CarlosAscencio.com) from Listing Office: Real Brokerage Technologies.

How much is your home worth?

...get FREE instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.