550 Laurel, Pomona, CA 91768

$930,000

Est. payment /mo

$945,000

1.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

550 Laurel Pomona, CA 91768

7,683 Sqft Lot

SOLD DATE : 07/30/2026

Key Details

Sold Price $930,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV26130137

Sold Date 07/30/26

HOA Y/N No

Year Built 1961

Lot Size 7,683 Sqft

Property Sub-Type Quadruplex

Property 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.

Location

State CA

County Los Angeles

Area 687 - Pomona

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Driveway, Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8340023020

Energy Description 420.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to Loan

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Douglas McCauley MARCUS & MILLICHAP 626-695-6776
Bought with Leticia Perez TRT CAPITAL

Nearby Locations

Hyun Jin IM

Hyun Jin IM

Broker Associate | License ID: 01989280

+1(213) 550-6273

GET MORE INFORMATION

Name
Phone*
Message