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.
| MLS # | DW26127087 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 86 |
| Listing Provided By | Keller Williams SELA | Victor Ambriz Jr |
| SQ Feet | 4,801 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 7 |
| Building(s) | 3 |
| Acreage | 0.24 |
| Lot Features | Street Level |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Curbs |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Bell |
| Zip Code | 90201 |
| Area | T6 Maywood | Bell |
| Listing VS Median (in 90201) | |
Price: $2,200,000 low | high Med: $900,000 sqft: 4,801 low | high Med: 1,936 $ / sqft: $458 low | high Med: $465 On site: 86 low | high Med: 21 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Bell |
| Zip Code | 90201 |
| Area | T6 Maywood | Bell |
| Listing VS Median (in 90201) | |
Price: $2,200,000 low | high Med: $900,000 sqft: 4,801 low | high Med: 1,936 $ / sqft: $458 low | high Med: $465 On site: 86 low | high Med: 21 | |
![]() | $1,350,0004026 Gage AvenueBell, CA 90201 |
![]() | $1,350,0004026 Gage AvenueBell, CA 90201 |