Date
Details
Price
Change
Source
7/28/2025
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/65
$2,350,000
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1/65
Property Description
Offered at $2,350,000, this fully renovated 7-unit multifamily property at 6221 Corona Ave presents a rare turnkey investment opportunity in a strong rental market. The asset 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, and one ADU, providing a balanced blend of rental sizes to attract a wide tenant base. The property is currently 100% occupied, generating a 5.21% cap rate and a GRM of 12.36, with an average price of $335,714 per unit.
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.
Full Property Details
Full Property Details for 6221 Corona Ave
General
- Price: $2,350,000
- Taxes: (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: SB25172263
- Updated: 11/24/2025
- Days on Market: 193 days
- Added to Site: 196 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Inside
Location
- County: Los Angeles
- Driving Directions: West of Atlantic Ave South of Randolph St
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- # Buildings: 3
- Construction: Stucco
- Roof: Composition
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 4801
- Square Feet: 4,801
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.2396
- Useable Acres: .2396
- Lot Size (Sq. Ft.): 10,435
- Lot Size Source: Assessor
- Fence: Yes
- Lot Features: Back Yard, Front Yard, Lawn, Lot 10000-19999 Sqft, Level, Paved
- Lot Description: Back Yard, Front Yard, Lawn, Lot 10000-19999 Sqft, Level, Paved
- Fencing (Description): Wood
Financial Considerations
- Price Per Sq. Ft.: $489
- Expenses: $62,124
- Operating Expenses: $62,124
- Tax Year: 2025
Disclosures and Reports
- Investment: Yes
- Property ID: 6318024004
Listed by LA Commercial, Inc., AlbertPacleb
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Listing agent
— 6221 Corona Ave —
AlbertPacleb
LA Commercial, Inc.
562-256-4684
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 6221 Corona Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Corona Avenue Elementary School 3825 Bell Avenue, Bell, CA 90201 | 1-5 | 0.4 mi |
Orchard Academies 2b School 6411 Orchard Avenue, Bell, CA 90201 | 7-8 | 0.3 mi |
Bell Senior High School 4328 Bell Avenue, Bell, CA 90201 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6221 Corona Ave
Tax History
Tax History for 6221 Corona Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,314
96%
$1,050,000
115%
2024
$9,331
2%
$489,081
2%
2023
$9,183
4%
$479,515
2%
2022
$8,868
1%
$470,137
2%
2021
$8,764
—
$460,943
1%
2020
$8,794
3%
$456,230
2%
2019
$8,529
3%
$446,109
2%
2018
$8,271
2%
$437,363
2%
2017
$8,141
1%
$428,788
2%
2016
$8,051
2%
$420,382
2%
2015
$7,931
—
$414,068
2%
2014
$7,925
1%
$405,958
—
2013
$7,880
—
$404,124
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6221 Corona Ave
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- Commercial Multi-Family
- Active
- Updated 4 days ago
- 5,424Sq. Ft.
- 0.2312Acres
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- Single Family
- Active
- Updated 45 minutes ago
- 3Beds
- 2Total Baths
- 1,034Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,660Sq. Ft.
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- Single Family
- Active
- Updated 3 hours ago
- 3Beds
- 1Total Bath
- 1,056Sq. Ft.
- Commercial Multi-Family
- Active
- Updated 4 days ago
- 5,424Sq. Ft.
- 0.2312Acres
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6221 Corona Avenue, Bell Gardens, CA 90201 (MLS# SB25172263) is a Commercial Multi-Family property. 6221 Corona Avenue is currently listed for $2,350,000 and was received on July 28, 2025. Want to learn more about 6221 Corona Avenue? Do you have questions about finding other Commercial Multi-Family real estate for sale in Bell Gardens? You can browse all Bell Gardens real estate or contact a Coldwell Banker agent to request more information.