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Under contract
  • Listed by: MARCUS & MILLICHAP • Douglas McCauley • Contact: 626-695-6776
    $945,000

    550 Laurel Ave, Pomona, CA 91768

    8beds
    4baths
    3,480sqft
    : 
    $6,424/mo
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    Quadruplex
    Built in 1961
    -- sqft lot
    $932,300 Zestimate®
    $272/sqft
    $-- HOA

    What's special

    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.
    38 days
    |
    134
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas McCauley 626-695-6776,

    MARCUS & MILLICHAP,

    David Covarrubias DRE #01941403,

    MARCUS & MILLICHAP

    Source: CRMLS,MLS#: CV26130137MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Appliances
      • Laundry: Common Area
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 3,480
      • Total interior livable area: 3,480 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Driveway, Garage
      • Garage spaces: 4
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: drive by
      • Pool features: None
      Lot
      • Size: 7,682 Square Feet
      Details
      • Parcel number: 8340023020
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Street Lights, Sidewalks
      Location
      • Region: Pomona

      Financial & listing details

      • Price per square foot: $272/sqft
      • Tax assessed value: $342,433
      • Annual tax amount: $5,600
      • Date on market: 6/15/2026
      • Cumulative days on market: 38 days
      • Listing terms: Cash,Cash to New Loan

        Estimated market value

        $932,300

        $886,000 - $979,000

        $1,870/mo

        Price history

        DateEventPrice
        6/25/2026Contingent$945,000$272/sqft
        Source: CRMLS #CV26130137 Report a problem
        6/15/2026Listed for sale$945,000$272/sqft
        Source: CRMLS #CV26130137 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,600 +11.6%$342,433 +2%
        2024$5,018 +1.9%$335,743 +2%
        2023$4,924 +1.7%$329,185 +2%
        2022$4,841 +2.7%$322,755 +2%
        2021$4,714 +0.4%$316,451 +1%
        2020$4,698 $313,220 +2%
        2019$4,698 +7.3%$307,104 +2%
        2018$4,378 $301,108 +2.4%
        2017$4,378 +1.7%$294,008 +2%
        2016$4,306 +5.1%$288,244 +1.5%
        2015$4,096 +1%$283,915 +2%
        2014$4,057 $278,354 +2.5%
        2012-- $271,664 +2%
        2011-- $266,338 +0.8%
        2010-- $264,348 -0.2%
        2009-- $264,977 +2%
        2008-- $259,782 +2%
        2007-- $254,689 +2%
        2006-- $249,696
        2005-- $249,696 +59.1%
        2004-- $156,927 +1.9%
        2003-- $154,052 +2%
        2002-- $151,032 +4%
        2000-- $145,169
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Wilton Heights Historic District

        Getting around

        87 / 100
        Very Walkable
        51 / 100
        Good Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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