1024 E Nevada Street,Signal Hill, CA 90755
Signal Hill, CA 90755
Description
Unique opportunity to acquire a fully occupied, multi-tenant light-industrial property in Signal Hill offering four separately utilized business spaces, multiple workshops, private offices and substantial outdoor work and yard areas. Situated on a prominent corner parcel with frontage along Nevada Street, Lewis Avenue and Burnett Street, the property offers excellent flexibility for an investor, owner-user or automotive/industrial operator. The property consists of approximately 4,240 square feet of building area on a 12,202-square-foot lot with Light Industrial zoning. The four separately occupied units include: 1024 E. Nevada Street - Approximately 1,240 SF with a private office, restroom and large workshop, plus access to a shared fenced work yard and parking area. Currently utilized by a fencing company. 1025 E. Burnett Street - Approximately 1,000 SF occupied by a long-term specialty automotive/body-shop tenant. Includes an office, private restroom, shop/work area and outdoor work-yard space. 2420 Lewis Avenue - Approximately 1,000 SF with a private office, private restroom, storage room and large body-shop/workshop area currently utilized for specialty/custom automobile repair. 2424 Lewis Avenue - Approximately 1,000 SF with a private office, private restroom, large workshop/storage area and access to the fenced work yard shared with 1024 Nevada. With three automotive-related occupants and one fencing contractor, the property provides a desirable combination of income-producing industrial space, workshops, offices, storage and valuable outdoor work areas. The corner configuration provides access from multiple streets, while the fenced yard and parking/work areas add significant functionality for automotive, contractor, service and other permitted industrial uses. All four spaces are currently occupied, providing an investor with an established multi-tenant property while offering potential future flexibility for an owner-user. Businesses and tenant possessions are excluded from the real estate sale. Seller may consider owner financing. Ask about purchasing the fencing business. Please do not disturb occupants.
Details
| MLS # | PW26174771 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 33 |
| Listing Provided By | Circle Real Estate | Richard Daskam |
Features
| SQ Feet | 4,240 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 4 |
| Zoning | Light Industrial |
| Acreage | 0.28 |
Exterior
| Roof | Mixed |
|---|---|
| Construction Materials | Frame |
| Lot Features | Corner Lot, Near Public Transit, Rectangular Lot |
| Fencing | Chain Link, Wrought Iron |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Signal Hill |
| Zip Code | 90755 |
| Area | 8 Signal Hill |
| Listing VS Median (in 90755) | |
Price: $2,000,000 low | high Med: $699,000 sqft: 4,240 low | high Med: 1,853 $ / sqft: $472 low | high Med: $380 On site: 33 low | high Med: 60 | |
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 |
| Listing VS Median (in 90755) | |
Price: $2,000,000 low | high Med: $699,000 sqft: 4,240 low | high Med: 1,853 $ / sqft: $472 low | high Med: $380 On site: 33 low | high Med: 60 | |
 | $1,795,0002317 Orange Ave.Signal Hill, CA 90755 |