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240 S Garey Ave, Pomona, CA 91766
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240 S Garey Ave Pomona, CA 91766

$2,500,000
  • -- Beds
  • -- Baths
  • 8,242 Sq.Ft.
For Sale
$2,500,000 Get Pre-Qualified
Map preview of 240 S Garey Ave, Pomona, CA 91766

Property Overview: 240 S Garey Ave Pomona, CA has -- bedrooms, -- bathrooms, 8,242 living square feet and 5,015 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 240-244 S Garey Ave in a prime location in the heart of Pomona! The property is in the opportunity zone- Approx 8,242 SF. commercial use. The building is located within walking distance of city hall, Western University, Art shops, Retail Shops, antique shops, Lofts, restaurants, lounges, and entertainment! The downtown area has many exciting plans that are approved for entertainment, housing, work, lounges, lofts, and parking to support all. This Building is currently leased to an existing long-time restaurant and bakery tenant and has approximately 2 years left on lease with 2 -5-year options. The building has an additional 3,800 SF of 2nd floor used by the owner as a Dance Studio and currently not being used. The second floor is in turnkey condition with access on the West and East side of the building with men's and women's restrooms. Please see the attached Performa if the 2nd floor is used as a banquet facility.

Listed by Albert Rodriguez | BRE #01250095 | CENTURY 21 CITRUS REALTY INC
Last checked: 11 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 382
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Home details

Lot Sq. Ft
5,015
HOA Dues
$0/mo
Year built
1893
Garage
--
Property Type:
Business
Status
Active
MLS#
CV23030763
City
Pomona
County
Los Angeles
Time on Site
346 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 240 S Garey Ave

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Property Details for 240 S Garey Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 8335010003
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Taking the I-10 East exit Garey Ave, Turn right on N Garey Ave, Property will be on your left side
View more facts & features

Local Pomona Agent

Sale History for 240 S Garey Ave

Last sold for $110,000 on April 23rd, 1996

  • April, 2023

  • Apr 25, 2023

    Date

    Active

    CRMLS: CV23030763

    $2,500,000

    Price

  • April, 1996

  • Apr 23, 1996

    Date

    Sold (Public Records)

    Public Records

    $110,000

    Price

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Tax History for 240 S Garey Ave

Assessed Value (2020): $167,064
Year Land Value Improved Value Assessed Value
2020 $75,937 $91,127 $167,064

Home Value Compared to the Market

This property vs the competition

240 S Garey Ave is listed 265.41% higher than the median list price for the city of Pomona which has a median list price of $684,170. The median price per/sqft for Pomona is $458 and this home is listed at $303.32 per/sqft which puts the price per square foot 33.77% lower than the median price per square foot for the city of Pomona.

About 240 S Garey Ave

Detailed summary of property

240 S Garey Ave is a business located in Pomona, CA 91766 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly 8,242 living square feet, and sits on an approximately 5,015 square foot lot. 240 S Garey Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner is currently asking $2,500,000. The median priced home in Pomona is $684,170 with a median price per square foot of $458. Based on Ardent Real Estate Group's Pomona Market Data, this home is listed 265.41% higher than the median priced home. Local competing homes currently for sale include 11627 Fidel Ave, 13226 Rosecrans Ave and 12881 Main St. While the average home in Pomona, CA is selling in 44 days, 240 S Garey Ave has a days on market of 382 days. There are currently 177 homes for sale in the Pomona real estate market and 133 of them are single family homes while 27 of them are condos and 17 are townhomes. For more information on this home for sale at 240 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 240 S Garey Ave

Public county record property details
Beds
--
Baths
--
Year built
1893
Sq. Ft.
4,795
Lot Size
5,015
Stories
2
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,5
APN
8335-010-003

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
$671,005
Median List Price/Sq.Ft.
$457
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
86
Median Sale to List Price %
103.24%
Avg Days on Market
36
Loan Type
Conventional (40%), FHA (20%), VA (0%), Cash (24%), Other (16%)

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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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