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Listed By:
Muller Realtors and Management, 415-269-6249, Mario Pinedo
Local Realty Services Provided By:
KW Premier Properties
Overview
What It'll Cost
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416 N Garey Avenue, Pomona, CA 91767
416 N Garey Avenue, Pomona, CA 91767
Estimation provided by Keller Williams Realty Inc.
Active
For Sale
Property Description
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.
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.
Property Details
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Overview
Property Type
Land
Days on Site
34 Days
Parking
No
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$2,950,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
02/18/2025
Listed
(+349.7% )
04/28/2004
Sold
(+556% )
03/24/2004
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+1.53% )
Land 820,627 +
Additions 467,123
2022
(+2.35% )
Land 788,762 +
Additions 448,985
2021
(-2.09% )
Land 788,762 +
Additions 448,985
2019
(+10.13% )
Land 780,675 +
Additions 444,382
2017
Land 750,361 +
Additions 427,127
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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