6221 Corona Avenue, Bell Gardens, CA 90201

  • $2,350,000
6221 Corona Avenue, Bell Gardens, CA 90201
Active
6221 Corona Avenue, Bell Gardens, CA 90201
6221 Corona Avenue, Bell Gardens, CA 90201
  • $2,350,000

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.

  • Address 6221 Corona Avenue
  • State/county CA
  • Zip/Postal Code 90201
  • Country US

Details

Updated on July 31, 2025 at 7:09 pm
  • Property ID: SB25172263
  • Price: $2,350,000
  • Property Size: 4801 Square Feet
  • Land Area: 0.2396 Acres
  • Garage Size: x x
  • Year Built: 1920
  • Property Type: Multi Family, Commercial Sale
  • Property Status: Active

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  • Hoyt Hochman