1443 Laurel, Pomona, CA 91768

$998,800

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List Price
$998,800
Price Change
▼ $441,200 1782778873
Status
ACTIVE
MLS#
CV25228781
Year Built
1953
Lot Size
15,315
Acres
0.35
Lot Location
Value In Land
Days on Market
285
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

Exceptional investment and redevelopment opportunity in the rapidly evolving Downtown Pomona corridor—a spacious duplex on an approximately 15,000 sq ft lot (˜ 0.34 acre) located just minutes from the newly opened LA Metro A Line (Pomona Station) connecting to Pasadena, DTLA, and Long Beach. Each residence features 2 bedrooms / 1 bath, fully rented and generating steady income while you prepare plans for a multi-unit infill project in one of the region’s most transit-accessible growth zones. According to the City of Pomona’s 2024 Zoning and Development Code, the site’s scale and location may support medium-density residential redevelopment—potentially 5 to 10 new units by right, with additional yield possible under California’s State Density Bonus Law or local transit-oriented overlays (buyer to verify with City Planning). The generous rectangular lot offers excellent frontage, flat topography, and convenient alley access, ideal for efficient site design and parking integration. Perfectly positioned near I-10, SR-71, SR-57, and SR-60 freeways, Western University of Health Sciences, and Pomona’s Art Colony & Antique District, this property sits at the intersection of long-term appreciation and immediate cash flow. The area benefits from major public investment in housing and mobility, including Metrolink and Foothill Transit connections within blocks. Highlights • ~15,000 sq ft lot with two (2) existing 2 bed / 1 bath units – both leased • Zoning context supports multi-unit redevelopment (buyer to confirm density, height, parking, setbacks) • Near the LA Metro A Line extension (Sept 2025) – Pomona Station less than 1 mile away • Strong commuter location with quick freeway and regional rail access • Upside potential estimated at 5–10 units by right, or up to 12 with incentives • Lot dimensions and topography favor efficient multifamily design

Additional Information

Pool Description
None
Heat
Floor Furnace
Cooling Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$38,000
Operating Expense
5600

Listing courtesy of Listing Agent: Eric Whiting (Eric.Whiting_Realtor@yahoo.com) from Listing Office: THE WHITING CO REALTORS, INC..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.