24
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$2,290,000
Est. payment /mo
10,436 Sqft Lot
New
6221 Corona Bell Gardens, CA 90201
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26127087
HOA Y/N No
Year Built 1920
Lot Size 10,436 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Total Parking Spaces 2
Private Pool No
Building
Lot Description Street Level
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6318024004
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Victor Ambriz Jr Keller Williams SELA victor@ambrizandassociates.net, DRE #00952349
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