550 Laurel Ave Pomona, CA 91768
Wilton Heights Historic District NeighborhoodEstimated payment $5,562/month
About This Home
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.
Listing Agent
MARCUS & MILLICHAP Brokerage Phone: 626-695-6776 Listed on: 06/15/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 7,682 Sq Ft Lot
- Two or More Common Walls
Parking
- 4 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,480 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 11 / 181
- Tax Tract Number 4023
- Assessor Parcel Number 8340023020
- $1,313 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $112
- Fuel Expense $420
- Gardener Expense $1,200
- Insurance Expense $4,000
- Maintenance Expense $3,100
- Pest Control $625
- Trash Expense $4,639
- Water Sewer Expense $1,015
- New Taxes Expense $12,578
- Operating Expense $27,901
- Gross Income $65,369
- Net Operating Income $37,468
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,600 | $341,213 | $156,388 | $184,825 |
| 2024 | $5,018 | $334,523 | $153,322 | $181,201 |
| 2023 | $4,924 | $327,965 | $150,316 | $177,649 |
| 2022 | $4,841 | $321,535 | $147,369 | $174,166 |
| 2021 | $4,714 | $315,231 | $144,480 | $170,751 |
| 2020 | $4,698 | $313,220 | $142,999 | $170,221 |
| 2019 | $4,795 | $307,104 | $140,196 | $166,908 |
| 2018 | $4,378 | $301,108 | $137,448 | $163,660 |
| 2016 | $4,096 | $288,244 | $132,111 | $156,133 |
| 2015 | $4,064 | $283,915 | $130,127 | $153,788 |
| 2014 | $4,057 | $278,354 | $127,578 | $150,776 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2026 06/15/26 | For Sale | $945,000 | -- | $272 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26130137
APN: 8340-023-020
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Ask me questions while you tour the home.