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3101-3191 N Garey Ave
Pomona, CA 91767
Fully-Entitled Multifamily Redevelopment · Land For Sale
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5.52 AC
Investment Highlights
- 289 units will be delivered fully entitled.
- In place, flexible income- Can be used to offset carrying costs.
- Market rate rents- High justifiable high market rents
- Opportunistic location- Lack of brand new market rate housing.
- Easily accessible walking distance to mass transit.
- Institutional Capital- Large project perfect for institutional developers.
Property Facts
| Property Type | Land | Total Lot Size | 5.52 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | |||
| Zoning | CSP - CSP - Corridor Specific Plan – City Gateway Segment | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.52 AC |
| No. Stories | 1 |
| Zoning | CSP - CSP - Corridor Specific Plan – City Gateway Segment |
Description
3101-3191 N Garey Ave will be delivered fully entitled with a Letter of Determination (LOD) that will include 289 market-rate units with a pool deck, clubhouse and an abundance of outdoor space and private courtyards. A developer will take advantage of an emerging market for new, high-end multifamily redevelopment.
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,311,607 | |
| Land Assessment | $4,277,915 | Total Assessment | $9,589,522 |
Property Taxes
Parcel Numbers
Land Assessment
$4,277,915
Improvements Assessment
$5,311,607
Total Assessment
$9,589,522
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