988 S Garey Pomona, CA 91766
Listing Courtesy of: CRMLS / Listed By: YingYing Zhang, Coldwell Banker Envision - Contact:  626-500-8100

  988 S Garey Pomona, CA 91766

Active (3 Days)
$880,000 (USD)
8
BED
6
BATH
3,121
SQFT

Description

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!

MLS #:
TR26125762
Lot Size
6,763 SQFT
Type
Multifamily
Year Built
1902
School District
Pomona Unified
County
Los Angeles County

Listed By

YingYing Zhang, DRE #02023473 CA, Coldwell Banker Envision, Contact: 626-500-8100
Source
CRMLS
Last checked Jun 12 2026 at 1:38 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
Interior Features
  • Laundry: In Kitchen
  • Multiple Staircases
Heating and Cooling
  • Electric
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Stories
  • 2
Living Area
  • 3,121 sqft
Additional Information: Envision | 626-500-8100
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {6/12/26 06:38} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.