$2,180,000
702 N Garey, Pomona CA 91767
Multi-Family (11 Units)
Property type
1 day
On market
$351
Price per sqft
0 cars
Garage
1948
Year built
12,335 sqft
Lot size
Open Houses
Overview
Rare opportunity to own an 11-unit mixed-use property in Pomona consisting of 8 apartment units and 3 commercial units situated on two adjacent parcels totaling approximately 12,335 SF. The property features a strong rental history with long-term tenants, plus a newly constructed unit ready for lease-up. The site may offer the potential to develop up to 23 units (buyer to...
Listing provided by: JOYCE LEE DRE #01899024 626-308-1536, GLOBAL INV. GRP.,INC.
Listing updated: Jun 15, 2026 at 08:25pm.
Last checked: Jun 15, 2026 at 09:00pm
Source: CRMLS #WS26128348
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,630 | $1,630 | $1,650 | Unfurnished |
| 1 | 1 | 1 | — | $1,608 | $1,608 | $1,650 | Unfurnished |
| 1 | 2 | 2 | — | $0 | $0 | $1,995 | Unfurnished |
| 1 | 2 | 1 | — | $1,350 | $1,350 | $1,400 | Unfurnished |
| 1 | 1 | 1 | — | $1,495 | $1,495 | $1,500 | Unfurnished |
| 1 | 1 | 1 | — | $1,466 | $1,466 | $1,500 | Unfurnished |
| 1 | 2 | 1 | — | $1,629 | $1,629 | $1,629 | Unfurnished |
| 1 | 2 | 2 | — | $1,470 | $1,470 | $1,500 | Unfurnished |
| 1 | 0 | 0 | — | $630 | $630 | $650 | Unfurnished |
| 1 | 0 | 1 | — | $682 | $682 | $700 | Unfurnished |
| 1 | 0 | 0 | — | $683 | $683 | $700 | Unfurnished |
# of Buildings: 3
# of Units Total: 11
Separate Electric Meters: 11
Separate Gas Meters: 11
Separate Water Meters: 2
Rent Control: No
Units Leased: 10
Total Actual Rent: $151,712
Financial Snapshot
Gross Rent Multiplier
14.4x
List Price / Annual Gross Rent
Cap Rate
4.06%
NOI / List Price
Gross Scheduled Income: $151,712
Operating Expense: $63,222
Net Operating Income: $88,491
Annual Operating Expenses
Gardener: $770
Insurance: $7,046
Maintenance: $5,681
Pest Control: $1,290
Professional Management: $11,456
Supplies: $119
Trash: $8,442
Water / Sewer: $8,092
Other Expense: $16,701
Interior
Laundry: None
Entry Location: Street Level
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Carport Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 8336008014
Additional Parcels: No
Tax Lot: 15
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Mountainous, Street Lights
Nearby Schools
Nearby schools around the 702 N Garey, Pomona, CA 91767. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,744,000
Total Interest
$2,224,376
Total Payment
$3,968,376
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,444
per month
Property History for 702 N Garey
Pomona Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91767.
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