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$880,000
988 S Garey, Pomona, CA 91766
Coldwell Banker Envision
8Beds
6Baths
3,121Sq Ft
8Parking
1902Built
1Days Listed
About This Property
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 Investors 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 gatea 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-mainten
YingYing ZhangColdwell Banker Envision626-500-8100
Property Location
Map
Property Details
- Property Type
- Multi-Unit
- Bedrooms
- 8
- Bathrooms
- 6
- Building Area
- 3,121 Sqft
- Living Area
- 3,121 sqft
- Year Built
- 1902
- Stories
- 4.0
- Status
- Active
- Days on Market
- 1
- Cumulative Days on Market
- 2
- Original Price
- $880,000
Location & Neighborhood
What's nearby 988 S Garey, Pomona, CA 91766
Nearby Schools
- Elmwood School0.3 mi
elementary
- Unnamed School0.3 mi
elementary
- Madison Elementary School0.4 mi
elementary
Parks & Recreation
- 0.2 mi
- Tony Cerda Park0.3 mi
park
- Centennial Park0.5 mi
park
Local Amenities
Library
- Pomona Public Library0.2 mi
Coffee & Cafes
- Wish You Were Here Coffee0.4 mi
- Thirsty Girl Coffee0.5 mi
POI data updated 6/10/2026
Pomona Market Snapshot
171
Active Listings
$675K
Median Price
48
Avg Days on Market
Last updated: Jun 9, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$880,000