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    2670 E Wall Street

    Signal Hill, CA 90755
    • $1,285,000
    • STATUS: Closed
    • ON SITE: 54 days
    • ID#: PW21007366
    Sold - 03/01/2021
    $1,285,000
    SOLD - 03/01/2021
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,282
      SQFT
    • $300
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    Excellent opportunity to own a 4-plex apartment building in the heart of Signal Hill, CA. 15 minutes to the beach, downtown Long Beach, Long Beach State University, the Veteran's Hospital, Memorial Hospital, Long Beach Airport and close to the freeways. A great value complex. Built in 1968; the property offers an excellent unit mix of three 2-bedroom one bath units, and one large 3 bedroom 3 bathroom unit with a fireplace. The property is well maintained and has six garages. The building is separately metered for electric and gas. Partial rehabbed units and new upgraded electrical panel installed. Tremendous upside potential.

    Sold by Olga Wright of Lyon Stahl Investment Real Estate, Inc..

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-08T09:27:46.853. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

    www.thealvaradobrothers.com/homes/113218829
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    2670 E Wall Street Signal Hill, CA 90755

    • Price: $1,374,000
    • Status: Closed
    • Updated: 57 min ago
    • ID#: PW21007366
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,282
    SQFT
    $300
    $/SQFT
    1968
    Built
    Neighborhood:
    Signal Hill (Sh)
    County:
    Los Angeles
    Area:
    8 - Signal Hill
    Property Description
    Excellent opportunity to own a 4-plex apartment building in the heart of Signal Hill, CA. 15 minutes to the beach, downtown Long Beach, Long Beach State University, the Veteran's Hospital, Memorial Hospital, Long Beach Airport and close to the freeways. A great value complex. Built in 1968; the property offers an excellent unit mix of three 2-bedroom one bath units, and one large 3 bedroom 3 bathroom unit with a fireplace. The property is well maintained and has six garages. The building is separately metered for electric and gas. Partial rehabbed units and new upgraded electrical panel installed. Tremendous upside potential.
    Exterior Features

    Garage Spaces 6.00 Lot Features Front YardLandscapedPark Nearby Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle Spa Features None Spa YN No View Mountain(S)Neighborhood View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Radiant Heating YN Yes Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.70 Community Features BikingCurbsGolfSidewalksStreet Lights Country Us Elevation Units Feet Gross Income 76830.00 Gross Multiplier 18.00 Gross Scheduled Income 76380.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 51189.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 22900.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Signal Hill (Sh) Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Shr3*

    Listing provided courtesy of Christa Vessell of Coldwell Banker Commercial and George Bustamante of Coldwell Banker Commercial


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-08T09:27:46.853. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

     
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