New Listing2699 E 20th,Signal Hill, CA 90755
Signal Hill, CA 90755
Description
Rare Hilltop Investment Opportunity in Signal Hill! This 5 unit multifamily property offers panoramic city views and an unprecedented value-add opportunity. The property features five legal conforming units, including a spacious 3-bedroom, 2-bath penthouse with sweeping views, three 2-bedroom, 2-bath units, and one studio. The crown jewel penthouse is ideal for an owner-user looking to live on-site while rental income from the remaining units helps offset ownership costs. Additional highlights include four attached garages, fresh exterior paint, updated interiors, and significant rental upside. Whether you're an investor or owner-user, 2699 E. 20th Street presents a rare opportunity to acquire a premier Signal Hill asset with immediate income, substantial upside, and the ability to reset rents from day one. Commercial financing or DSCR loan options apply.
Details
| MLS # | PW26183641 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 5 |
| Listing Provided By | eXp Realty of California Inc | Jeff Anderson |
Features
| SQ Feet | 5,340 |
|---|---|
| Garage | 4 |
| Story(s) | 3 |
| Units | 5 |
| Building(s) | 1 |
| Acreage | 0.10 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | All Bedrooms Up |
Exterior
| Roof | Shingle |
|---|---|
| Lot Features | Zero To One Unit Acre, Corner Lot |
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Park, Sidewalks, Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Signal Hill |
| Zip Code | 90755 |
| Area | 8 Signal Hill |
| Community Name | Signal Hill (SH) |
| Listing VS Median (in Signal Hill (SH)) | |
Price: $2,000,000 low | high Med: $1,494,000 sqft: 5,340 low | high Med: 3,720 $ / sqft: $375 low | high Med: $423 On site: 5 low | high Med: 14 | |
Market Activity 90755
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Signal Hill |
| Zip Code | 90755 |
| Area | 8 Signal Hill |
| Community Name | Signal Hill (SH) |
| Listing VS Median (in Signal Hill (SH)) | |
Price: $2,000,000 low | high Med: $1,494,000 sqft: 5,340 low | high Med: 3,720 $ / sqft: $375 low | high Med: $423 On site: 5 low | high Med: 14 | |
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