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Request Info$2,290,000
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6221 Corona Overview
- Time on Site:
- 19 days
- Visits:
- 0
This fully renovated 7-unit multifamily property in the city of Bell presents a rare turnkey investment opportunity in a strong rental market. The property 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 each, and 1bed/1bath ADU, providing a balanced blend of rental sizes to attract a wide tenant base. The property is currently 100% occupied, generating a 5.91% cap rate and a GRM of 11.66. 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.
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6221 Corona Facts & Features
- Type Multi-Family
- Sq. ft. 4,801
- Price/Sq.ft. $477
- Lot 0.24 Acres
Details
General
Association/HOA
- Common Interest: None
Income/Expenses
- Gross Income: 196380.0
- Gross Scheduled Income: 196380.0
- Insurance Expense: 7200.0
- Net Operating Income: 135374.0
- Operating Expense: 51187.0
- Trash Expense: 5036.0
- Water Sewer Expense: 6222.0
Building Information
- New Construction: No
- Year Built: 1920
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: T6 - Maywood, Bell
- Postal City: BELL GARDENS
Community/Development
- Community Features: Curbs
Rent/Lease Information
- Land Lease: No
General Information
- Listing Terms: Cash to New Loan,1031 Exchange
- Parcel Number: 6318024004
- Property Sub Type: Apartment
- Property Type: Residential Income
- Rent Control: Yes
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 2.0
- Garage: Yes
Building Interior
- Building Area Total: 4801.0
- Building Area Units: Square Feet
General Information
- Common Walls: 1 Common Wall
- Entry Level: 1
- Entry Location: 1
- Laundry Features: None
- Stories Total: 1
Exterior
Parking Information
- Parking Total: 2.0
Lot Information
- Additional Parcels: No
- Lot Features: Street Level
- Lot Size Acres: 0.2396
- Lot Size Area: 10438.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 10438.0
- Lot Size Units: Square Feet
- Number Of Buildings: 3
- Number Of Separate Electric Meters: 7
- Number Of Separate Gas Meters: 7
- Number Of Separate Water Meters: 1
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Property Attached: Yes
General Information
- Number Of Units Total: 7
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
6221 Corona Neighborhood
Community
90201 (CUDAHY) Demographics
30
Median Age
16,610
Population Density (per sq. mile)
11%
College Educated
$46,109
Estimated Median Income
5,752
Estimated Total Home Owners
18,480
Estimated Total Renters
24% / 76%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.6221 Corona Monthly Cost
6221 Corona Market Data
Based on the last 30 days in this zip code
$902,865
Average List Price
$543
Average Price per Square Foot
7
Properties Sold
79
Average Days on Market
48
Properties for Sale
6221 Corona History
| Date | Value | Agent |
|---|---|---|
| 6/10/2026Source: CRMLS | June 10, 2026 |
Listing provided courtesy of Keller Williams SELAVictor Ambriz Jr- MLS# DW26127087
Contact Information: [email protected] - 562-334-1500
Contact Information: [email protected] - 562-334-1500