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$2,950,000
126 Days On Site

416 N Garey Avenue
Pomona, CA 91767

For Sale|Land|Active
County:
Los Angeles
Listed by Mario Pinedo of Muller Realtors and Management [email protected]
Call Now: +1 (562) 337-3915
Is this the listing for you? We can help make it yours.
+1 (562) 337-3915
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Monthly Payment (Est.)

$13,459
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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.

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Listing Snapshot
Price 
$2,950,000
Days On Site 
126 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.64 Acres
Year Built 
N/A
MLS® Number 
OC25035910
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing first seen on site
4 months agoListing updated with changes from the MLS®
General Features
Acres 
0.64
Additional Property Use 
Commercial
Special Circumstances 
Standard
Utilities 
Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Water Source 
Public
Zoning 
POC4*
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Exterior Features
Lot Features 
Corner Lot
View 
None
Waterview 
None
Community Features
Community Features 
Street LightsSuburbanSidewalks
Financing Terms Available 
Cash
MLS Area 
687 - Pomona


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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