1740 S Garey Avenue, Pomona, California 91766, Pomona, 91766 - bed, bath
ACTIVE$850,000
1740 S Garey Avenue, Pomona, California 91766
0Bed
0Bath
1,459Sqft
8,882Lot
Year Built
1953
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$583
HOA
-
Days on market
-
Sold On
-
MLS number
CV25182820
Home ConditionGood
Features
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $850.0K(75th), sqft - 1459(54th), beds - undefined(1th), baths - undefined(1th).
Well- Maintained, Recently Remodel, Single family Residence, converted into three units With Great monthly income, In Good transit Orientated location Fully Upgraded 6 bedroom + 3 bath, Front Unit, 2 bed and 1 bath, back unit, 3 bed + 1 bath, and 1 bed one bath, Studio. Large lot size 8,882 Sf, Perfect 800 Sf ADU, You Still Have plenty of space for a attached junior ADU Walking distance to Down Town Pomona And minutes away from CAL POLY POMONA, Pomona Fairplex Easy to Manage and to rent.
Price History
Date
Event
Price
08/14/25
Listing
$850,000
Condition Rating
Good
Despite being built in 1953, the property has undergone significant recent renovations as stated in the description ('Recently Remodel', 'Fully Upgraded'). The images show new grey laminate flooring, fresh grey paint, and a modern-looking kitchen with white shaker cabinets and light countertops. At least one bathroom features modern tiling and fixtures. However, one of the bathrooms clearly displays older, dated beige tiles and an older vanity, indicating that the renovation was not uniformly applied or was done at different times. The exterior also appears less polished with a large tarp. Overall, the property is move-in ready with many updated components, but the inconsistencies prevent an 'Excellent' rating, placing it in 'Good' condition.
Pros & Cons
Pros
Strong Income Potential: The property is explicitly described as a single-family residence converted into three units with 'Great monthly income' and 'Easy to Manage and to rent,' making it an attractive investment opportunity.
Significant ADU Expansion Opportunity: With a large 8,882 sqft lot, there is 'Perfect' space for an 800 sqft ADU and potential for an attached junior ADU, offering substantial future income maximization.
Strategic Transit-Oriented Location: The property boasts a 'Good transit Orientated location,' walking distance to Downtown Pomona, and minutes away from Cal Poly Pomona and Pomona Fairplex, ensuring high rental demand.
Recently Remodeled & Upgraded: The property has been 'Recently Remodel' and 'Fully Upgraded,' suggesting reduced immediate maintenance costs and a modern appeal for tenants.
Versatile Multi-Unit Layout: The configuration includes a front unit (6 bed + 3 bath), a back unit (3 bed + 1 bath), and a studio (1 bed + 1 bath), providing diverse rental options and maximizing occupancy.
Cons
Significant Square Footage Discrepancy: The listed total square footage of 1,459 sqft is highly inconsistent with the description of a 6-bedroom front unit, a 3-bedroom back unit, and a 1-bedroom studio, suggesting a potential misrepresentation or error that requires immediate clarification.
Age of Structure (1953): Built in 1953, the property is over 70 years old. Despite recent remodels, older properties can have underlying infrastructure issues (e.g., plumbing, electrical, foundation) not fully addressed by cosmetic upgrades.
Potential for Unpermitted Conversions: The description states the property was 'converted into three units.' Without explicit mention of proper permitting, there's a risk of non-conforming use or unpermitted modifications, which could lead to legal and financial liabilities for a buyer.