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6221 Corona Avenue, Bell Gardens, CA 90201
Priced at Only: $2,350,000
For more Information Call
Address: 6221 Corona Avenue, Bell Gardens, CA 90201
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  • MLS#: SB25172263 ( Multi Family )
  • Street Address: 6221 Corona Avenue
  • Viewed: 8
  • Price: $2,350,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1920
  • Bldg sqft: 0
  • Days On Market: 257
  • Additional Information
  • County: LOS ANGELES
  • City: Bell Gardens
  • Zipcode: 90201
  • Provided by: LA Commercial, Inc.
  • Contact: Albert Albert
  • California Regional MLS IDX
  • DMCA Notice
  • 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 todays market.
Features
Assetclass
  1. Multi-Family
Building Area Total
  1. 4801.00
Commoninterest
  1. None
Construction Materials
  1. Stucco
Country
  1. US
Electric
  1. Standard
Expense Year
  1. 2025
Fencing
  1. Wood
Land Use
  1. Multi-Family
Laundry Features
  1. Inside
Laundry Income
  1. 0.00
Netoperatingincome
  1. 122369.60
Otherexpense
  1. 32749.00
Otherincome1
  1. 0.00
Parcel Number
  1. 6318024004
Property Type
  1. Multi Family
Roof
  1. Composition
Totalexpenses
  1. 62124.40
Totalmonthlyrent
  1. 190200
Utilities
  1. Water Available
  2. Sewer Available
  3. Phone Available
  4. Natural Gas Available
  5. Electricity Available
Vacancyallowance
  1. 5706
Water Source
  1. Public
Year Built
  1. 1920
Year Built Source
  1. Assessor
Zoning
  1. R3
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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