988 S Garey Pomona, CA $ 880,000
988 S Garey
$ 880,000
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988 S Garey

Pomona, CA, 91766
$ 880,000
Bedrooms8 Baths6.0 Sq 3,121

Monthly Estimate*

$ 5,418

Listed by Coldwell Banker Envision
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Multi-Family Home for sale in Pomona, CA

for $880,000 with 8 bedrooms and 6 full baths. This 3,121 square foot home was built in 1902 on a lot size of 0.1553.

Exceptional Investment Opportunity in the Heart of Pomona with 7%+ Cap Rate! Welcome to this high-performing, cash-flowing fourplex featuring four distinct addresses with excellent rental history: 988 N Garey Ave: Spacious 3 Bed / 2 Bath 990 N Garey Ave: Desirable 2 Bed / 2 Bath 155 E Alvarado St: Comfortable 2 Bed / 1 Bath 153 E Alvarado St: Cozy 1 Bed / 1 Bath Massive Capital Improvements & True Turnkey Peace of Mind! Within the last 10 years, this property has undergone extensive and major renovations. Enjoy significantly reduced maintenance costs and landlord overhead thanks to a newer roof, upgraded plumbing and electrical systems, completely remodeled kitchens, fresh interior/exterior paint, durable new flooring, updated windows, and newly poured concrete throughout the outdoor areas. Additionally, independent utility setups further minimize landlord expenses. An Investor’s Dream with Strong Financials! Generating a robust gross annual rental income of approximately $85,000, this property delivers an impressive 7%+ Cap Rate right out of the gate—a rare find in today's Southern California market! Commuters will love the easy access to major highways (I-10, CA-60, and CA-71) and public transit, including the Pomona Metrolink station. It is also just minutes away from Western University of Health Sciences, Cal Poly Pomona, Downtown Pomona's vibrant arts and dining district, shopping centers, and local schools. Showing Terms: Due to tenant privacy and high demand, offers must be submitted upfront, subject to interior inspection. Don't miss out on this fantastic, low-maintenance, high-yield multi-family gem—secure your next portfolio-maker today!

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Multi-Family Active

Price

$ 880,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1553

Year Built

1902

Town/City

Pomona

County/Region

Los Angeles

MLS | Web ID

TR26125762

Days on Market

3

Features
General
Living Area 3121
Sewer Public Sewer
Cooling Electric ENERGY STAR Qualified Equipment
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 8
Pool Features None
Year Built 1902
View None
Stories Count 2
Levels Two
Property Subtype Quadruplex
Community Features Biking Hiking Sidewalks
County Los Angeles
New Construction false
Property Type Residential
HOA false
Attached Garage false
Contingency OFFERS SUBJECT TO INSPECTION. Please DO NOT disturb tenants or walk onto the property.
Garage Y/N true
Full Baths 6
Special Listing Conditions Standard
Status Active
Directions Garey and mission blvd
City Pomona
Entry Location 1
Senior Community Y/N false
High School District Pomona Unified
Number Of Units Total 4
MLS Area 687 - Pomona
Lot Size Units Square Feet
Lot Size Square Feet 6763
Listing Terms 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Quadruplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Public Records
Tax Lot 8
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Multiple Staircases
Fireplace Features None
Total Stories 4
Common Walls No Common Walls
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features In Kitchen
Total Bedrooms 8
Entry Level 1
Main Level Bedrooms 8
Main Level Bathrooms 6
Total Baths 6
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 8
Lot Size Area 6763
Lot Size Acres 0.1553
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Coldwell Banker Envision

Broker

ok2046@gmail.com

Email

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$5,418
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Monthly Principal & Interest
$5,418
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/9/2026$880,000 Listed Price

Map


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988 S Garey, Pomona, CA, 91766 is a Multi-Family Home for sale at $880,000 with 3,121 sqft and a lot size of 0.1553. 988 S Garey has 8 bedrooms, 6.0 baths, and was built in 1902. The property's zip code is 91766 which is in Pomona, CA