4-Unit
1574 Laurel AVE, Pomona, CA 91768
For Sale
$1,050,000
Each residence includes a detached one-car garage and central air conditioning and heat.
Property Size3,712 SF
Price / SF$282.87
Days on Market124
Property Features for 1574 Laurel AVE
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
central air/heat
Building Details
Building Size
Year Built
Listing Agency:
BHHS CA Properties
Listed By:
Priscilla Chiu · License #01297721
(909) 364-9005
Source:
Bedrockrealestategroup
Added: Jul 8
Changed: Nov 7
Last Checked: Nov 7 at 7:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS CA Properties
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Investment Insights
Based on property information with market context.
Built in 1982, this 3,712-square-foot quadplex contains four two-bedroom, one-bathroom residences. Each unit has central air conditioning and heat, along with a detached one-car garage. Additional unassigned parking is available on site.
The property is located within an apartment community and has long-term tenants. Rents are described as below-market.
The property is located within an apartment community and has long-term tenants. Rents are described as below-market.
Key Highlights
- Four residences, each with 2 bedrooms and 1 bathroom
- 3,712‑square‑foot building constructed in 1982
- Detached one‑car garage and central air conditioning and heat for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,533
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,250,660
$1.3M
Cap Rate 7%
$893,329
$893.3K
Cap Rate 9%
$694,811
$694.8K
Market Conditions
NOI Build-Up for 3,712 SF
Gross rent
$93.5K $25.20/SF
− Vacancy
−$4.2K −$1.13/SF
EGI
$89.3K $24.07/SF
− OpEx
−$26.8K −$7.22/SF
NOI
$62.5K $16.85/SF
Area
Pomona, CA
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,250,660
Cap Rate 7%
$893,329
Cap Rate 9%
$694,811
Alternative Uses
Best Use
Multifamily LT 5
$893.3K
$781.7K – $1.04M
NOI $62,533 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$821.5K
$718.8K – $958.4K
NOI $57,502 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,315 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
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Business Placement
Demographics for 91768, CA
35,568
Population
8,848
Households
4
Avg Household Size
31
Median Age
14%
College-Educated
70%
High-School Grad
8.2 sq mi
ZIP Area
4,338
Density / Sq Mi
$76,313
Median Household Income
$32,461
Median Earnings
$1,606
Median Rent
$536,500
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles County, CA
Properties on Market for Quadplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes a detached one-car garage and central air conditioning and heat.
Where is this quadplex located?
The property is located at 1574 Laurel AVE Pomona, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Four residences, each with 2 bedrooms and 1 bathroom; 3,712‑square‑foot building constructed in 1982; Detached one‑car garage and central air conditioning and heat for each unit
