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$2,350,000

Est. payment - /mo

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10,436 Sqft Lot

Active

6221 Corona AVE Bell Gardens, CA 90201

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25172263

HOA Y/N No

Year Built 1920

Tax Year 2025

Lot Size 10,436 Sqft

Property Sub-Type Multi Family

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.

Location

State CA

County Los Angeles

Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26

Zoning R3

Interior

Fireplace No

Laundry Inside

Exterior

Fence Wood

Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Roof Type Composition

Building

Lot Description Back Yard, Front Yard, Lawn, Level, Paved

Story 2

Water Public

Others

Tax ID 6318024004

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Albert Pacleb LA Commercial, Inc. 562-256-4684

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