Multilateration measurement using laser trackers suffers from a cumbersome solution method for high-precision measurements. Errors are induced by the self-calibration routines of the laser tracker software. This paper describes an optimization solution model for laser tracker multilateration measurement, which effectively inhibits the negative effect of this self-calibration, and further, analyzes the accuracy of the singular value decomposition for the described solution model. Experimental verification for the solution model based on laser tracker and coordinate measuring machine (CMM) was performed. The experiment results show that the described optimization model for laser tracker multilateration measurement has good accuracy control, and has potentially broad application in the field of laser tracker spatial localization.