2720 Garey AvePomona, CA 91767

Property Details for 2720 Garey Ave

Year built

1985

Construction

WOOD

Lot size

0.55 AC

Property size (Sq ft)

4,309 SF

Zone code

POM*

Property type

Office buildings

APN

8366-009-027

APU

8366009027

Description

This exceptional 6,713 square foot medical office building presents a rare owner-user opportunity in desirable North Pomona, California. Strategically located just 2.3 miles from the I-210 freeway, this freestanding building boasts significant visibility with over 136 feet of frontage on North Garey Avenue. The property sits on a 0.55-acre lot and includes 26 dedicated parking spaces. Completely remodeled and currently in shell condition, the building is zoned for surgical use and features a covered ambulance driveway with double-wide metal doors. The ground floor encompasses approximately 5,836 square feet, offering three separate entrances, high ceilings accented by skylights, and a dedicated electrical room. An additional 877 square feet of space is available on the second floor, accessible via a stairwell. This turnkey property is priced at $2,300,000 and offers the potential for SBA financing, making it an ideal investment for an owner-user seeking a modern, well-equipped medical facility in a prime location. The property's ample parking, convenient freeway access, and adaptable layout make it an attractive option for a variety of medical practices.

• CAP approach

  CAP return

  Valuation

  6%

  $1,073,218

  6.5%

  $990,662

  7%

  $919,901

• Comparable approach

  Method

  Valuation

  Relative Method

  $730,594

  Geo Method

  $822,873

• Alternative Use

  Use

  Valuation

  Residential

  $1,228,421

  Hospitality

  $1,125,227

  Educational

  $936,176

  Medical

  $968,372

  Retail

  $1,456,274

Location Insight

City

Pomona

County

Los Angeles

State

California

Latitude

34.0951

Longitude

-117.748

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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