1307 S Garey Avenue

    Pomona, CA 91766
    • $1,400,000 - $1,500,000
    • STATUS: Active
    • ON SITE: 129 days
    • ID#: CV19113160
    UPDATED: 51 min ago
    $1,400,000 - $1,500,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,826
      SQFT
    • $257
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Description

    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 8343-001-004Perfect 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-21T23:41:44.24. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/94801133

    1307 S Garey Avenue Pomona, CA 91766

    • Price: $1,400,000 - $1,500,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: CV19113160
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    5,826
    SQFT
    $257
    $/SQFT
    1963
    Built
    Neighborhood:
    687 - Pomona
    County:
    Los Angeles
    Area:
    687 - Pomona
    Property Description
    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 8343-001-004Perfect 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.
    Exterior Features

    Construction Materials BlockSteel Fence YN Yes Fencing Partial Lot Features Lot 20000-39999 SqftNear Public TransitPark NearbyZero Lot Line Lot Size Source Assessor Lot Size Units Square Feet Roof Asphalt Topography Flat

    Interior Features

    Condo Area Units Square Feet Laundry Features None Office Class C

    Property Features

    Accounting Type Actual Additional Parcels Description Apn 8343-001-045 Apn 8343-001-022 Apn 8343-001-004 Additional Parcels YN Yes Advertising Expense 0.00 Anchors Co Tenants Martinez Tire Asset Class Retail Building Area Units Square Feet Building Expenses 0.00 Building Status Existing Business Type Auto Repair-SpecialtyAuto ServiceAuto Stereo/AlarmAuto Tires Country Us Current Use Comments Automotive Repair Effective Gross 127260 Electric Electricity - On Property Electric Expense 4511.00 Exclusions Excludes BusinessesAll Tenant FixturesEquipment Expense Year 2018 Gross Scheduled Income 127260.00 Inclusions includes Vacated Alleyway Between Parcels Insurance Expense 4129.00 Investment Property YN Yes Land Lease YN No Land Use Retail Laundry Income 0.00 Laundry YN No Leasable Area Units Square Feet Legal Accounting Expense 0.00 Maintenance Expense 3046.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 100560.00 Number Of Units Leased 6 Occupancy Occupied Operating Expense 26700.00 Other Expense 960.00 Other Income1 0.00 Personal Property Amount 0 Professional Management Expense 5136.00 Property Sub Type Retail Real Estate Tax Expense 3716.00 Reserves Expense 5000.00 Resident Manager Expense 0.00 Retail Center Type Community/Specialty Retail Square Footage 5826 Security Features Security Lights Special Listing Conditions Standard Total Expenses 26700.00 Trash Expense 2357.00 Utilities Electricity ConnectedSewer Connected Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Sewer Expense 1044.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Melinda Miracle-Maselbas of Mindy Miracle Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-21T23:41:44.24. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
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    Covina CA, 91723