
Pomona, California 91768
This four-unit multifamily property presents a Strong Value Opportunity, listed at $1,089,000—positioned well below the $1,205,783 Fair Market Value by 9%. This valuation gap offers $116,783 in Instant Equity. Featuring a Good Condition Rating with recent 2025 electrical upgrades and extensive unit renovations, the asset offers a stable 23% rental upside. With individually metered utilities and a desirable all two-bedroom floor plan, this is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking immediate income and long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 547 William Subject | $1,089,000* List Price | 0 | 0 | 3,544 | $340 | - |
A 871 W Wilson Sold | $1,250,000 | 0 | 0 | 3,307 | $378 | 0.5 mi |
B 197 Newman Active | $799,900 List Price | 0 | 0 | 2,240 | $357 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained with significant recent capital improvements, including new electrical panels (2025), two recently replaced HVAC systems, and extensive renovations to three of the four units. While the structures date back to 1907 and 1979, the updated systems and interior refreshes align with the 'Good' criteria for functional, move-in ready condition.
The property features significant upgrades including new electrical panels installed in 2025, extensive renovations to three of the four units, and recently replaced HVAC systems, reducing immediate deferred maintenance costs.
Units are individually metered for gas and electricity and equipped with individual hot water heaters and central AC, which minimizes landlord utility expenses and simplifies property management.
With a 23% rental upside and a desirable all two-bedroom floor plan, the asset provides a clear path for investors to increase Net Operating Income in a supply-constrained market.
The property consists of a 1907 front cottage and 1979 rear units; the century-old portion may require specialized maintenance or face structural challenges not present in the newer structures.
While some units have been renovated, the plumbing upgrades are only partial, and one unit remains unrenovated, necessitating future capital expenditure to achieve property-wide uniformity.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,544 | 1,658 |
| Lot Size | 7,682 | 4,936 |
| Price | $1.09M | $753.4K |
| Price per sq ft | $307 | $356 |
| Built year | 1907 | 1938 |
| HOA | $0 | $0 |
| Days on market | 37 | 74 |
Jun 15, 2026
$1,089,000
Initial Listing
Oct 16, 1998
$105,000
Public Record