Signal Hill, CA 90755,1899 Freeman AVE
Signal Hill, CA 90755,1899 Freeman AVE
Signal Hill, CA 90755,1899 Freeman AVE
Signal Hill, CA 90755,1899 Freeman AVE
Signal Hill, CA 90755,1899 Freeman AVE
Signal Hill, CA 90755,1899 Freeman AVE
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$1,665,000

$1,675,000

0.6%
Est.Price: ?

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Est. payment /mo

0.3 Acres Lot


SOLD DATE : 11/30/2023

Key Details

Sold Price $1,665,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23124254

Sold Date 11/30/23

HOA Y/N No

Year Built 1975

Annual Tax Amount $20,096

Tax Year 2023

Lot Size 0.301 Acres

Lot Dimensions Assessor

Property Description

Five unit multi-tenant industrial property located in the Signal Hill industrial district. Perfect for an owner-user or keep as a leased investment. Each unit has a small office, restroom, and warehouse area. Minimum warehouse clearance is approximately 13 - 14 feet. Warehouse access is from a metal ground level overhead door; office access from a metal framed glass door. There is a single skylight in the warehouse area of each unit. There are a total of 11 parking spaces reflecting a parking ratio of 1.8/1,000 sf of building area. The property is well-maintained in good condition. Current rents are below market; there is very good upside potential on rents. All tenants on a "month-to-month" lease term.

Location

State CA

County Los Angeles

Area 8 - Signal Hill

Interior

Heating None

Cooling None

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Composition,Rolled/Hot Mop

Total Parking Spaces 11

Building

Lot Description Rectangular Lot, Level

Story 1

Water Public

Others

Tax ID 7217013005

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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Justin & Jessica Bouzane

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California Regional MLS (CRMLS)
Listed by Ben Lara • American Pacific Realty • 714-793-3999
Bought with Hoyt Hochman • Re/Max Platinum Properties

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Justin & Jessica Bouzane

Broker Associate | Lic# 01905244

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