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.
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.
Property Details
Price:
$2,350,000
MLS #:
SB25172263
Status:
A
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Multi Family
Neighborhood:
t3
Listed Date:
Jul 31, 2025
Total Sq Ft:
4,801
Lot Size:
10,435 sqft / 0.24 acres (approx)
Year Built:
1920
See this Listing
Schools
Interior
Laundry Features
IN
Exterior
Construction Materials
STC
Roof
CMP
Financial
Tax Year
2025
Map
Community
- AddressCorona AV Bell Gardens CA
- CityBell Gardens
- CountyLA
- Zip Code90201
Market Summary
Current real estate data for Single Family in Bell Gardens as of Oct 29, 2025
22
Single Family Listed
120
Avg DOM
379
Avg $ / SqFt
$1,012,235
Avg List Price
Property Summary
- Corona AV Bell Gardens CA is a Single Family for sale in Bell Gardens, CA, 90201. It is listed for $2,350,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1920. The average price per square foot for Single Family listings in Bell Gardens is $379. The average listing price for Single Family in Bell Gardens is $1,012,235.
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