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Berkshire Hathaway HomeServices California Properties

702 N Garey, Pomona, CA 91767

$2,180,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

JOYCE LEE | joycel.global@gmail.com
Lic#: 01899024
Broker: Courtesy of GLOBAL INV. GRP.,INC.
Phone: 626-308-1536

Listing Details

Property type: Mixed Use (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: WS26128348

Price: $2,180,000

Rental Rate: $2,180,000

Lot Size:

HOA Fee is $0.00

Built in 1948

0.28 acres

County: Los Angeles

Lot description: ZeroToOneUnitAcre

Last Updated: 7/27/2026

Days On Market (DOM): 50

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Lat/Long: 34.064696, -117.750111.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

A rare opportunity to own an 11-unit mixed-use income 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 and includes a newly constructed unit ready for lease-up. Based on the owner's provided financial information, the property offers an estimated 5% capitalization rate; buyers are advised to independently verify all income, expenses, and financial information. Additionally, the existing carport may offer the potential to be converted into two Accessory Dwelling Units (ADUs), subject to City approvals and applicable regulations, creating further value-add opportunities. The site may also offer the potential to develop up to 23 units (buyer to verify with the City of Pomona regarding zoning, density, and development requirements). Ideal for investors, developers, and owner-users looking to benefit from existing income with future growth potential.

Financials

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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