$945,000

Sold

2 months ago

550 Laurel Ave, Pomona, CA

Name: 550 Laurel Ave, Sold in Pomona - eXp Realty
Brand: MARCUS & MILLICHAP
SKU: CV26130137
Price: 945000 USD

House

MLS® CV26130137

Buyer represented by Leticia Perez of TRT CAPITAL

0 Bed

0 Bath

8 Parking

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage Yes

Taxes

Lot Size 0.1764 Acres

Approx. Age 1961

MLS® Number CV26130137

Property Address: 550 Laurel Ave, Pomona, CA, 91768-3647

Average square foot calculated using Size range provided by listing agent.

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.

MLS® NumberCV26130137

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1961

Basement

DrivewayDriveway, Garage

Garage Spaces

Heat

A/C

Extras

Price History

Jul 30, 2026End Date

$930,000Sold Price

Sold

Jun 15, 2026List Date

$945,000List Price

Commute

Commute

Starting Address

Destination Address

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