$1,780,000
$1,799,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
5,501 Sqft Lot
SOLD DATE : 05/10/2021
Key Details
Sold Price $1,780,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Signal Hill (Sh)
MLS Listing ID PW21011058
Sold Date 05/10/21
HOA Y/N No
Year Built 1964
Lot Size 5,501 Sqft
Property Description
Exceptionally located near the top of the hill in Signal Hill, this 5-unit building has much to offer an investor or an investor-owner. The area draws tenants and the building seals the deal! All units have been remodeled to some degree with vinyl planking flooring, granite or quartz counters, dual paned windows, upgraded appliances, some stainless steel. Two units have central A/C. The three upstairs units offer magnificent panoramic views from Long Beach to the Pacific Palisades. The downstairs units will not be left out and take pride in their cozy patios. The Penthouse is a townhouse-style corner unit with 3br/1.5 ba, and 2 patios (one enclosed downstairs and one panoramic deck off the living room. This building commands higher than normal rent, though the virus has put rental increases on temporary hold so there is now room to grow. There are two double car garages offering 4-parking spaces and one outside space. There is a community area in the rear for tenant use. The building is gated and private, offering additional security. Community laundry, block wall, and additional storage for the tenants on the north side of the building. Unit mix is as follows; One (1) 3BD 1.5BA and Four (4) 2BD 1BA. Unit D 3D tour: https://my.matterport.com/show/?m=xNNsG9T4d2n. Unit E 3D Tour: https://my.matterport.com/show/?m=KQiKWdoZ8Ry
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Zoning SHR3*
Interior
Interior Features Built-in Features, Balcony, Ceiling Fan(s), Granite Counters, Laminate Counters, Tile Counters, French Door(s)/Atrium Door(s)
Heating Central, Wall Furnace
Cooling Central Air
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Refrigerator, Range Hood, Dryer, Washer
Laundry Common Area
Exterior
Exterior Feature Lighting
Garage Assigned
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Good Condition
Pool None
Community Features Curbs, Park, Street Lights, Sidewalks
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Harbor, Mountain(s), Neighborhood, Panoramic
Accessibility Parking
Parking Type Assigned
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Near Public Transit
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7216022032
Security Features Carbon Monoxide Detector(s),Key Card Entry,Smoke Detector(s)
Energy Description 860.0
Acceptable Financing Cash to New Loan, Conventional, Submit
Listing Terms Cash to New Loan, Conventional, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Spencer Pabst • Pabst, Kinney & Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "