$1,089,000

About this home

Pleased to exclusively present the opportunity to acquire 547 William Street, a well-maintained four-unit multifamily property located in the City of Pomona, one of the San Gabriel Valley's established and steadily growing rental markets. The property consists of four spacious two-bedroom, one-bathroom units, situated on a single parcel. The property features a unique layout consisting of a single-story cottage-style front residence originally constructed in 1907 and three additional units located at the rear of the property, built approximately in 1979. There have been capital improvements throughout the asset, including the installation of new electrical panels in 2025 and extensive renovations to three of the four units. 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 550-556 Laurel Avenue, Pomona which is contiguous to this property. Each unit is equipped with central air conditioning and heating, with two HVAC systems having been recently replaced. Residents benefit from individually metered gas and electricity, individual hot water heaters, and select plumbing upgrades, including partial repiping in certain units. Additional amenities include an on-site laundry facility (owned), providing both tenant convenience and supplemental income potential. Located within a well-established residential neighborhood, the property offers convenient access to Interstate 10, State Route 60, State Route 71, and State Route 57, connecting residents to major employment centers throughout Los Angeles, Orange, Riverside, and San Bernardino Counties. Pomona continues to benefit from its strategic location, diverse employment base, higher education institutions, and ongoing investment throughout the region. With a desirable all two-bedroom floor plan configuration, 23% rental upside, recent capital improvements, individually metered utilities, and strong rental fundamentals, 547 William Street presents investors with an opportunity to acquire a stabilized multifamily asset offering both immediate income and long-term appreciation potential within a supply-constrained Southern California rental market.

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