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1307 S Garey Ave, Pomona, CA 91766
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1307 S Garey Ave Pomona, CA 91766

$1,388,888 Sold Price as of 01/04/2022
  • 0 Beds
  • 2 Baths
  • 5,825 Sq.Ft.
Sold
$1,388,888 Sold Price as of 01/04/2022 Refinance Your Mortgage
Map preview of 1307 S Garey Ave, Pomona, CA 91766

Property Overview: 1307 S Garey Ave Pomona, CA has -- bedrooms, 2 bathrooms, 5,825 living square feet and 30,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: One of the largest commercial parcels available for development in near proximity to the Pomona Civic Center. Located on signalized SW corner of S. Garey and Grand Avenues, this property has easy access to Los Angeles, Orange, Riverside and San Bernardino Counties via the 60, 57, 71, and 10 Freeways. Currently zoned C-4, highway commercial, with automotive use, the property is within the Midtown Development Corridor. The City will allow a myriad of retail uses consistent with this zoning type (call City of Pomona or view City website for more details) including mixed use live/work, multi-family residential uses.

Listed by MELINDA MIRACLE | BRE #01400581 | MINDY MIRACLE BROKER
Last checked: 2 minutes ago | Last updated: October 3rd, 2023 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
30,000
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Retail
Status
Sold
MLS#
CV21237500
City
Pomona
County
Los Angeles
Time on Site
926 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
  • # of Leased Units: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $3,245
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Actual Rent: $1,755
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 0
  • Actual Rent: $1,520
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,700
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Actual Rent: $1,085
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.75%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $120,540
  • Net Operating Income: $91,152
  • Gross Operating Income: --
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $29,387
  • Electric: $4,157
  • Trash: $2,582
  • Insurance: $4,584
  • Maintenance: $2,818
  • Professional Management: $5,100
  • Water/Sewer: $993

Property Details for 1307 S Garey Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • None
Interior Features
  • Security Features: Security Lights
Exterior Features
Exterior Information
  • Roof: Flat
  • No Fence
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 40
Lot Information
  • Lot Features: 31-35 Units/Acre, Corner Lot, Lot 20000-39999 Sqft, Near Public Transit, Park Nearby, Paved, Value In Land, Zero Lot Line
  • Lot Size Source: Owner
  • Common Interest: None
Property Information
  • Total # of Units: 6
  • Parcel Number: 8343001045
  • Year Built Source: Assessor
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Location / Neighborhood
Location Information
  • Directions: SWC of Garey and Grand Ave
View more facts & features

Local Pomona Agent

Sale History for 1307 S Garey Ave

Last sold for $1,388,888 on January 4th, 2022

  • January, 2022

  • Jan 4, 2022

    Date

    Sold

    CRMLS: CV21237500

    $1,388,888

    Price

  • Oct 28, 2021

    Date

    Active

    CRMLS: CV21237500

    $1,500,000

    Price

  • April, 2020

  • Apr 16, 2020

    Date

    Expired

    CRMLS: CV19113160

    $1,500,000

    Price

  • May 15, 2019

    Date

    Active

    CRMLS: CV19113160

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    One of the largest commercial parcels available for automotive, commercial, or development in near proximity to the Pomona Civic Center. Located on signalized SW corner of S. Garey and Grand Avenues, this property has easy access to Los Angeles, Orange, Riverside and San Bernardino Counties via the 60, 57, 71, and 10 Freeways. Currently zoned C-4, highway commercial, with automotive use, the City will allow a myriad of other commercial, professional, and/or retail uses consistent with this zoning type (call City of Pomona for more details). Situated in LA County, City of Pomona, CA. This listing includes APN 8343-001-045, APN 8343-001-022, APN 8343-001-004 Perfect for owner / user or investor. Well-known property has been automotive use since the mid 20th century. All tenants are long term, currently on month-to-month leases to facilitate flexibility for prospective buyers.

  • April, 2019

  • Apr 16, 2019

    Date

    Expired

    CRMLS: CV18127052

    $1,400,000

    Price

  • Mar 9, 2019

    Date

    Active

    CRMLS: CV18127052

    $1,400,000

    Price

  • Aug 22, 2018

    Date

    Active Under Contract

    CRMLS: CV18127052

    $1,400,000

    Price

  • Jul 21, 2018

    Date

    Price Change

    CRMLS: CV18127052

    $1,400,000

    Price

  • May 30, 2018

    Date

    Active

    CRMLS: CV18127052

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    One of the largest commercial parcels available for automotive, commercial, or development in near proximity to the Pomona Civic Center. Located on signalized SW corner of S. Garey and Grand Avenues, this property has easy access to Los Angeles, Orange, Riverside and San Bernardino Counties via the 60, 57, 71, and 10 Freeways. Currently zoned C-4, highway commercial, with automotive use, the City will allow a myriad of other commercial, professional, and/or retail uses consistent with this zoning type (call City of Pomona for more details). Situated in LA County, City of Pomona, CA. This listing includes APN 8343-001-045, APN 8343-001-022, APN 8343-001-004 Perfect for owner / user or investor. Well-known property has been automotive use since the mid 20th century. All tenants are long term, currently on month-to-month leases to facilitate flexibility for prospective buyers.

  • September, 2004

  • Sep 8, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1307 S Garey Ave

Assessed Value (2020): $53,813
Year Land Value Improved Value Assessed Value
2020 $51,686 $2,127 $53,813

Home Value Compared to the Market

This property vs the competition

1307 S Garey Ave sold on January 4, 2022 for 142.44% higher than the current median sold price for the city of Pomona which is $655,000. The median sold price per/sqft for Pomona is $451 and this home is sold at $272.62 per/sqft which puts the price per square foot 39.55% lower than the current median sale per square foot for the city of Pomona.

About 1307 S Garey Ave

Detailed summary of property

1307 S Garey Ave is a retail that recently sold in Pomona, CA 91766. This retail property offered -- bedrooms, 2 bathrooms, roughly 5,825 living square feet, and sits on an approximately 30,000 square foot lot. 1307 S Garey Ave was first listed on ArdentRealEstateGroup.com on October 28, 2021. The homeowner sold the property for $1,388,888. Home in Pomona are selling for a median price of $655,000 and a median price per square foot of $451. Based on Ardent Real Estate Group's Pomona Market Data, this home is sold 142.44% higher than the current median priced home. Local homes that are currently for sale include 3020 W Slauson Ave. While the average home in Pomona, CA is selling in 43 days, 1307 S Garey Ave has a days on market of 2 days. There are currently 175 homes for sale in the Pomona real estate market and 134 of them are single family homes while 24 of them are condos and 17 are townhomes. For more information on this home for sale at 1307 S Garey Ave Pomona, CA 91766 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 1307 S Garey Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
1,176
Lot Size
16,228
Stories
1
Type
Auto Repair (& Related), Garage
Pool
No
Spa
No
County
Los Angeles
Lot#
1-3
APN
8343-001-045

The source for these homes facts are from public records.

91766 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$688,000
Median List Price/Sq.Ft.
$463
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
81
Median Sale to List Price %
103.24%
Avg Days on Market
36
Loan Type
Conventional (40%), FHA (20%), VA (0%), Cash (24%), Other (16%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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