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$930,000
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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.
Full Property Details
Full Property Details for 550 Laurel
General
- Sold For: $930,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV26130137
- Added to Site: 85 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
- Parking Features: Garage, Driveway
- Parking: Garage, Driveway
Location
- Area: 687 - Pomona
- County: Los Angeles
- Development Name: 687 - Pomona
- Driving Directions: I-10W, exit Garey Avenue, Left on Laurel
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: drive by
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,480
- Year Built: 1961
Unit Information
Unit 1
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1764
- Lot Size Source: Assessor
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $267.24
- Price Per Unit: 236250
Listed by Marcus & Millichap, Douglas McCauley and Marcus & Millichap, David Covarrubias
Sold by Trt Capital, Leticia Perez
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Schools
Schools serving 550 Laurel
School District:Pomona Unified School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Pomona, CA 1200 North Gordon Street, Pomona, CA 91768 | K-6 | 0.5 mi |
Palomares Academy Of Health Science 2211 North Orange Grove Avenue, Pomona, CA 91767 | 7-10 | 1.8 mi |
Pomona High School 475 Bangor Street, Pomona, CA 91767 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 Laurel
Date
Details
Price
Change
Source
7/30/2026
Sold
$930,000
-1.59%
MLS
6/15/2026
Listed
$945,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
550 Laurel, Pomona, CA 91768 (MLS# CV26130137) is a Multi-Family property that was sold at $930,000 on July 30, 2026. Want to learn more about 550 Laurel? Do you have questions about finding other Multi-Family real estate for sale in Pomona? You can browse all Pomona real estate or contact a Coldwell Banker agent to request more information.

