Active

550 Laurel

Pomona, CA 91768

$945,000 $3,984/Mo

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Overview

Bed

Bath

3,480

Sqft

7,682

Sqft(Lot)

Description

Pleased to exclusively present the opportunity to acquire 550-556 Laurel Avenue, a well-maintained four-unit multifamily property located in the City of Pomona, a centrally located rental market within the San Gabriel Valley. The property consists of four spacious two-bedroom, one-bathroom units situated on a single parcel. The property has benefited from significant capital improvements, including the installation of new electrical panels for each unit in 2025. Ownership has also completed extensive interior renovations throughout the majority of the units, featuring upgraded kitchens and bathrooms, updated cabinetry, modern backsplash finishes, vinyl plank flooring, newer carpeting, and other improvements designed to enhance resident appeal. Additionally, the property has been under the same ownership for more than 25 years, reflecting long-term care and stewardship. The owner is also selling 547 William Street, Pomona which is contiguous to this property. Each unit is individually metered for gas and electricity and is serviced by its own hot water heater. There are single-car garages for each unit. Additional property improvements include partial plumbing upgrades through repiping of select units. Residents also benefit from an on-site laundry facility (owned), including a newly installed dryer in 2026. Located within an established residential neighborhood, convenient access to major transportation corridors including Interstate 10, State Route 60, State Route 57, and State Route 71, connecting residents to employment centers throughout Los Angeles, Orange, Riverside, and San Bernardino Counties. With a desirable all two-bedroom floor plan, 49% rental upside, extensive interior renovations, individually metered utilities, and strong rental market fundamentals, 550-556 Laurel Avenue presents investors with an opportunity to acquire a well-positioned multifamily asset offering both stable in-place income and long-term appreciation potential within a supply-constrained Southern California market.

Property Details

Property Type : Residential Income

Price : $945,000

AD Id : 84902887

MLS Id : CV26130137

Beds : 2

Lot Size : 7,682 Sqft

Living Area Size : 3,480

Year Built : 1961

Garage : 4

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer

Building Information

Year Built: 1961 Building Area Total: 3,480
Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1764
Lot Size Source: Assessor Lot Size Square Feet: 7682

Listing Price Information

Original List Price: 945,000 Listing Contract Date: 2026-06-01
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 8340023020

Garage and Parking

Garage Description: Driveway,Garage

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: 687 - Pomona Directions: I-10W, exit Garey Avenue, Left on Laurel Source Property Type: Residential Income Area: 687 - Pomona Property SubType: Quadruplex
Building and Construction

Property Age: 65 Common Walls: 2+ Common Walls Structure Type: Quadruplex Year Built Source: Public Records Entry Level: 1 Entry Location: drive by Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
586 W Center Street, Pomona, CA, 91768	$750,000	5	3	1,688	1,688 SqFt
197 Newman, Pomona, CA, 91768	$799,900	4	3	2,240	2,240 SqFt
669 687651 Weber St., Pomona, CA, 91768	$3,380,000	2	1	10,800	10,800 SqFt
1443 1443 Laurel, Pomona, CA, 91768	$1,440,000	4	--	1,550	1,550 SqFt
1634 Via Estrella, Pomona, CA, 91768	$760,000	2	2	1,747	1,747 SqFt

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ByOwner last updated this listing 06/16/2026 @ 04:33

MLS: CV26130137 LISTED BY: Douglas McCauley, MARCUS & MILLICHAP 909-456-3400 SOURCE: CRMLS