6221 Corona Ave

$2,350,000
Price
—
Beds
—
Baths
4,801 Sq. Ft.
$489 / Sq. Ft.
4,801
Sq. Ft.
$489
per Sq. Ft.

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...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.

Property Details for 6221 Corona Avenue

Total Units
7.0
Lot Size Source
Assessor
Building Area Total
4801
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Zoning
R3
Parcel Number
6318024004
LISTING UPDATED: 11/24/2025 06:22 AM

Property Details for 6221 Corona Avenue

StatusActive
MLS #SB25172263
Days on Market137
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1920
Lot Size0.24 AC / 10,435 SF
CountyLos Angeles County

Location

Listing Courtesy of LA Commercial, Inc., Albert Pacleb, DRE #01882342
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Building Information for 6221 Corona Avenue

Stories2Residences-Year Built1920Building Size-Lot Size0.24 AC / 10,435 SF

Payment Calculator

$13,138 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,612

Property Taxes

$1,526

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6221 Corona Avenue

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $190,200
  • Vacancy Allowance: 5706
  • Net Operating Income: $122,370
  • Laundry Income: $0
  • Other Income 1: $0
  • Cap Rate: 5.21
Expense Details
  • Operating Expense: $62,124
  • Expense Year: $2,025
  • Other Expense: $32,749
  • Real Estate Tax Expense: $29,375
  • Total Expenses: $62,124
Tax / Assessment Info
  • Tax Year: 2025
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Construction Materials: Stucco
  • Roof: Composition
  • Fence: Yes
  • Fencing: Wood
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 10000-19999 Sqft, Level, Paved
  • Land Use: Multi-Family
  • Land Lease: No
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Standard
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Multi-Family
Unit Information
Unit 1
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 7
  • Number Of Buildings: 3

Property History for 6221 Corona Avenue

DateEvent & SourcePriceAppreciation
Jul 31, 2025

Listed (Active)

CRMLS #SB25172263

$2,350,000—
Jul 30, 2024

Sold

CLAW #RS24058465MR

$1,050,000—
Jul 30, 2024

Sold

SDMLS #RS24058465

$1,050,000—
Jul 30, 2024

Sold

CRMLS #RS24058465

$1,050,000—
Jul 3, 2024

Sold (Public Record)

Public Record #1537390331

$1,050,000—
May 6, 2024

Pending

CRMLS #RS24058465

—
May 1, 2024

Pending

SDMLS #RS24058465

—
May 1, 2024

Pending

CLAW #RS24058465MR

—
Mar 25, 2024

Listed (Active)

CRMLS #RS24058465

$1,350,000—
Mar 23, 2024

Listed (Active)

CLAW #RS24058465MR

$1,350,000—
Mar 23, 2024

Listed (Active)

SDMLS #RS24058465

$1,350,000—
DateEvent & SourcePrice
07/31/2025

Listed (Active)

CRMLS #SB25172263

$2,350,000
07/30/2024

Sold

CLAW #RS24058465MR

$1,050,000
07/30/2024

Sold

SDMLS #RS24058465

$1,050,000
07/30/2024

Sold

CRMLS #RS24058465

$1,050,000
07/03/2024

Sold (Public Record)

Public Record #1537390331

$1,050,000
05/06/2024

Pending

CRMLS #RS24058465

—
05/01/2024

Pending

SDMLS #RS24058465

—
05/01/2024

Pending

CLAW #RS24058465MR

—
03/25/2024

Listed (Active)

CRMLS #RS24058465

$1,350,000
03/23/2024

Listed (Active)

CLAW #RS24058465MR

$1,350,000
03/23/2024

Listed (Active)

SDMLS #RS24058465

$1,350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6221 Corona Avenue

Taxable ValueLand$700,000Additions$350,000Total$1,050,000
Tax Record2025$18,314 ($1,526 / month)
Home Facts
Total Finished SqFt4,368 SqFtAbove Grade Finished SqFt4,368 SqFtLot Size10,435 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningBLR3YYCountyLOS ANGELESAPN6318-024-004

Schools near 6221 Corona Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Elizabeth Learning Center
PublicK to 12

Corona Avenue Elementary School
Public1 to 5

Orchard Academies 2b School
Public6 to 8

Bell Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

6221 Corona Avenue is a multi-family home for sale in Bell Gardens, CA 90201. This property was listed for sale on July 31, 2025 by LA Commercial, Inc., it's currently listed at $2,350,000. It has been on the market for a total of 137 days and was last sold on July 30, 2024. This listing's school district is Los Angeles Unified School District. Nearby schools include Elizabeth Learning Center, Corona Avenue Elementary School and Orchard Academies 2b School. 6221 Corona Avenue is a 0-bed, 0-bath, 4,801 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LA Commercial, Inc., Albert Pacleb, DRE #01882342

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.