6221 Corona

$2,200,000

6221 Corona

4,801 Sq.Ft. 10,438 Sq.Ft.

Description

WOW! Price reduced buy $90,000 Seller Say Sell IT! 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 6.3% cap rate and a GRM of 11.21. 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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Location

6221 Corona, Bell, CA 90201

Status

Pending

Property Amenities

Interior

Laundry room None

Area & Lot

Total area 4,801 Sq.Ft.

Lot Area 10,438 Sq.Ft.

Living area 4,801 Sq.Ft.

MLS® ID DW26127087

Year Built 1920

Type Condo

Status Pending

Exterior

Stories 1

Pool None

Water Source Public

Garage Space 2.0

Sewer Public Sewer

Lot Features Street Level

Finance

Sales Price $2,200,000

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Whether you’re buying your first home, selling a trust property, or navigating a probate sale, my goal is always the same: to provide honest guidance, strong advocacy, and a smooth experience from beginning to end. Real estate is about people, not just properties and I would be honored to help you take your next step.

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