$2,350,000

6221 Corona Avenue, Bell Gardens, CA 90201

4,801 sqft

Multi-Family Home
Built in 1920
10,437sqft lot
—— car garage
$489/sqft
Listed 3 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 at 05:00AM
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
County: Los Angeles

Zoning: R36318024004
Fencing: Wood

Utilities: Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater AvailableStandard
Water: Public

Source: CRMLS

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

Schools Nearby

Martha Escutia Primary Center

6401 Bear Ave, Bell Gardens, CA, 90201

Grades KG-KG

0.23 miles away

Nimitz Middle School

6021 Carmelita Ave, Huntington Park, CA, 90255

Grades 6-8

0.30 miles away

Maywood Academy

6125 Pine Ave, Maywood, CA, 90270

Grades 9-12

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.