6221 Corona Avenue

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6221 Corona Avenue

Bell, CA 90201
Asking Price
$2.29M
Cap Rate
5.84%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Fully Renovated and 100% Occupied. Immediate Cash Flow with Rent Upside in LA County <ul><li>​<strong>Fully Renovated in 2025</strong> — All units comprehensively remodeled to modern standards, delivering true turnkey condition with minimal deferred maintenance and immediate cash flow from day one</li><li>​100% Occupied at Acquisition — Property is fully leased, generating $16,365/month ($196,380 annually) in current gross scheduled income with a proven, stable tenant base</li><li>​<strong>Compelling Returns</strong> — Current 5.84% cap rate with significant upside to <strong>6.

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NOI
$80,000
Cap Rate
3.49%
DSCR
0.59
Underwater
Cash-on-Cash
-8.14%
Monthly Payment
$11,329.671
Annual Cash Flow
$-55,956.046

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