416 N Garey Avenue
Pomona, CA 91767
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- – on site
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.
Last checked:
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Last updated Feb 19, 2025
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MLS# OC25035910 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:Corner of Center Street and N Garey
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Latitude:34.06170800
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Longitude:-117.75003300
The Property
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Property Type:Land
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Zoning:POC4*
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Lot Features:Corner Lot
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Lot Size Area:27878.0000
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Lot Size Acres:0.6400
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Lot Size SqFt:27878.00
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Lot Size Source:Estimated
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View:None
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Current Use:Commercial
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Possible Use:Tentative mapped for 62 residential apartments over ~3,600sf retail.
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Possible Use:Multi-Family
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Additional Parcels:No
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Additional Parcels Description:8336021030
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:154
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Tax Census Tract:4088.00
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Tax Lot:16
The Listing
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Special Listing Conditions:Standard
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Parcel Number:8336021027
Utilities
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Utilities:Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
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Water Source:Public
The Community
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Features:Sidewalks, Street Lights, Suburban
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Association:No
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Senior Community:No
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Distance To Water Comments:at site
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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2/18/25
Feb 18, 2025
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Listed / Active | CRMLS_CA | $2,950,000 |