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.
Listed by Douglas McCauley
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MARCUS & MILLICHAP
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626-695-6776
Listed by David Covarrubias
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License #01941403
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MARCUS & MILLICHAP
Last updated June 15, 2026
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Source: CRMLS #CV26130137
Listing Facts
TypeMulti-family
NeighborhoodWilton Heights Historic District
Days on Prevu1
Amenities
Parking
Location
Mortgage Calculator
Listing History
06/15/2026
Listed by MARCUS & MILLICHAP
$945,000
Property Details for 550 Laurel
Association
Amenities
Community Features: Curbs, Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1961
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: drive by
Measurements
Building Area Total: 3,480
Building Area Units: Square Feet
Lot Size Acres: 0.17
Lot Size Area: 7,682
Lot Size Source: Assessor
Lot Size Square Feet: 7,682
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $65,369.00
Operating Expense: $27,901.00
Taxes
Parcel Number: 8340023020
Other
Location
Tax Block: 181
Tax Lot: 11
Parking
Parking
Garage Spaces: 4
Garage: Yes
Open Parking Spaces: 4
Parking Features: Driveway, Garage
Parking Total: 8
Utilities
Equipment
Laundry Features: Common Area
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 550 Laurel.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 550 Laurel.
How does 550 Laurel compare to other multi-family homes in Wilton Heights Historic District?
This multi-family home is listed 2% above the average price for multi-family homes in Wilton Heights Historic District and has been on the market for 95 less days than the typical home in this area.
550 Laurel is a -bedroom multi-family home for sale in Pomona CA 91768. Available on Prevu for 1 days at $945,000. This home is located in Pomona. The median listing price for multi-family homes in this area is $849,500. Additional amenities include parking. Explore more multi-family home listings in Pomona.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.