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!
Listed by YingYing Zhang
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License #02023473
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Coldwell Banker Envision
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626-500-8100
Last updated June 10, 2026
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Source: CRMLS #TR26125762
Listing Facts
TypeMulti-family
NeighborhoodEast San Gabriel Valley
Bedrooms8
Bathrooms6
Days on Prevu7
Size3,121 sqft
Price per sqft$282
Amenities
Parking
Location
Mortgage Calculator
Listing History
06/09/2026
Listed by Coldwell Banker Envision
$880,000
Property Details for 988 S Garey
Association
Amenities
Community Features: Biking, Hiking, Sidewalks
Exterior
Construction
Number Of Units Total: 4
Stories: 2
Stories Total: 4
Structure Type: Quadruplex
Year Built: 1902
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Measurements
Lot Features: 2-5 Units/Acre
Lot Size Acres: 0.15
Lot Size Area: 6,763
Lot Size Source: Assessor
Lot Size Square Feet: 6,763
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 8333017014
Interior
Features
Interior Features: Multiple Staircases
Measurements
Living Area: 3,121
Living Area Source: Assessor
Living Area Units: Square Feet
Rooms
Bathrooms Full: 6
Bathrooms Total Integer: 6
Bedrooms Total: 8
Main Level Bathrooms: 6
Main Level Bedrooms: 8
Other
Location
Tax Block: 126
Tax Lot: 8
Parking
Parking
Garage Spaces: 8
Garage: Yes
Parking Total: 8
Schools
High School
High School District: Pomona Unified
Utilities
Equipment
Cooling: Electric, ENERGY STAR Qualified Equipment
Has Cooling: Yes
Laundry Features: In Kitchen
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 8 bedrooms and 6 bathrooms in this multi-family home at 988 S Garey.
Does this multi-family home have parking?
Yes, there are 8 parking spaces available for 988 S Garey.
How does 988 S Garey compare to other multi-family homes in East San Gabriel Valley?
This multi-family home is listed 51% below the average price for multi-family homes in East San Gabriel Valley and has been on the market for 61 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,121 sqft.
988 S Garey is a 8-bedroom, 6-bath multi-family home for sale in Pomona CA 91766. Available on Prevu for 7 days at $880,000. This home features 3,121 square feet of living space, located in East San Gabriel Valley. The median listing price for multi-family homes in this area is $888,000. The home offers parking. View other multi-family home listings in Los Angeles County.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.