$2,350,000

6221 Corona Avenue, Bell Gardens, CA 90201

  • 4,801 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon10,437sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $489/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

Offered at $2,350,000, this fully renovated 7-unit multifamily property at 6221 Corona Ave presents a rare turnkey investment opportunity in a strong rental market. The asset consists of three separate buildings totaling 4,801 square feet on a spacious 10,435 SF lot, with all units comprehensively remodeled in 2025 to a modern standard. The unit mix includes one detached 2 bed/1 bath with a private yard, one 3 bed/2 bath, four 1 bed/1 bath units, and one ADU, providing a balanced blend of rental sizes to attract a wide tenant base. The property is currently 100% occupied, generating a 5.21% cap rate and a GRM of 12.36, with an average price of $335,714 per unit. With seven legal units spread across a low-maintenance layout, this is a perfect opportunity for investors seeking stable income, minimal deferred maintenance, and long-term upside. Whether you're expanding your portfolio or entering the multifamily space, 6221 Corona Ave is a standout value proposition in today’s market.

Listing Status:
Active
Date Added:
July 31, 2025
Data Last Updated:
May 20, 2026 at 6:16AM
Listing Office:
LA Commercial, Inc. : 424-999-5204
Listing Agent:
Albert Pacleb : 424-999-5204
MLS ID:
SB25172263
  • Laundry: Inside
  • Roofing: Composition
  • General: Stucco2
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: R36318024004
  • Fencing: Wood
  • Utilities: Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater AvailableStandard
  • Water: Public
  • Source: CRMLS_CRM

This listing courtesy of Albert Pacleb , LA Commercial, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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