Active

988 S Garey

Pomona, CA 91766
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Bed 8

Bed

Bath 6

Bath

SqFt3,121

Sqft

SqFt6,763

Sqft(Lot)

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 t he 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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Detail Ic Property Details

Property Type : Residential

Price : $880,000

AD Id : 81921850

MLS Id : TR26125762

Beds : 8

Lot Size : 6,763 Sqft

Living Area Size : 3,121

Year Built : 1902

Garage : 8

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Total Baths: 6 Full Baths: 6

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Interior Features: Multiple Staircases Fireplace: None
  • Cooling Features

    Electric,ENERGY STAR Qualified Equipment Air Conditioning

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1902
  • Pool Features

    None

    Laundry Features

    In Kitchen

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1553
  • Lot Size Source: Assessor Lot Size Square Feet: 6763

  • Listing Price Information

    Original List Price: 880,000 Listing Contract Date: 2026-06-09
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 8333017014

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 687 - Pomona Directions: Garey and mission blvd Source Property Type: Residential Area: 687 - Pomona Property SubType: Quadruplex
  • Building and Construction

    Property Age: 124 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Public Records Total Square Feet Living: 3121 Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2 Structure Type: Quadruplex
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
891 E 6th Street, Pomona, CA, 91766 $949,900 6 3 1,996 1,996 SqFt
891 E 6th Street, Pomona, CA, 91766 $949,900 6 -- 1,996 1,996 SqFt
1430 Girona Drive, Pomona, CA, 91766 $774,900 4 3 1,845 1,845 SqFt
2416 Stanford Avenue, Pomona, CA, 91766 $699,999 4 2 1,176 1,176 SqFt
604 E Mission, Pomona, CA, 91766 $499,500 4 1 2,197 2,197 SqFt
101 W Mission #312, Pomona, CA, 91766 $409,990 -- -- 1,189 1,189 SqFt
1383 S Garey Avenue, Pomona, CA, 91766 $558,000 3 3 1,400 1,400 SqFt
484 Philadelphia, Pomona, CA, 91766 $679,000 3 2 1,050 1,050 SqFt
333 West Grand Avenue, Pomona, CA, 91766 $639,000 3 1 1,520 1,520 SqFt
2418 Angela Street, Pomona, CA, 91766 $1,000,000 8 -- 3,970 3,970 SqFt

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ByOwner last updated this listing 06/11/2026 @ 19:16

MLS: TR26125762 LISTED BY: YingYing Zhang, Coldwell Banker Envision 626-913-2808 SOURCE: CRMLS

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