6221 CoronaBell, CA 90201

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.

Property Information

Property type

Residential Income

Sub-type

Apartment

Year built

1920

Stories

1

Building area

4,801 Sq Ft

Lot size

0.24 acres

Garage spaces

2

Parking spaces

2

Days on market

112

MLS^® Listing#

DW26127087

Property Features

Pool

None

Laundry

None

Community

Curbs

Sewer

Public Sewer

Water source

Public

Parcel number

6318024004

Directions

North of Gage and south of Randolph