Signal Hill, CA 90755,1825 E Hill ST
Signal Hill, CA 90755,1825 E Hill ST
Signal Hill, CA 90755,1825 E Hill ST
$775,000
Est. payment /mo
Est.Price: ?

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6,969 Sqft Lot
SOLD DATE : 12/24/2019

Key Details

Sold Price $775,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Signal Hill (Sh)

MLS Listing ID OC19261249

Year Built 1950

Lot Size 6,969 Sqft

Property Description

*5.6% Cap Rate* RARE opportunity to own this corner lot duplex with incredible views of downtown Long Beach and San Pedro harbour in one of Signal Hills up and coming areas! The first unit consists of a 2 bed,1 bath, with a den/office and has an abundance of natural light as well as a large living space. Another possibility would be to convert the downstairs den (444 sqft) into a studio apartment since there is direct access to the den from the outside. This studio already has an existing kitchen, shower, and bathroom. Title currently has the property listed as a triplex although it is being used as a duplex. The second unit is a large one bedroom one bathroom apartment. Fabulous location as you are across the street from City Hall, the brand new library, and Rec Center. Also you are minutes away from the beach, Mother's Market, great dining & entertainment, brand new shopping centers and much more. A great investment opportunity to get in early on a vastly growing area of Signal Hill. FYI the seller also owns the property next door and is willing to sell both properties as a bundled deal. You could have a 12,000 sqft corner lot to develop or combine together as a once in a lifetime rare and unique investment opportunity.

Location

State CA

County Los Angeles

Area 8 - Signal Hill

Zoning SHR3*

Interior

Laundry Common Area

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Urban

Building

Lot Description 0-1 Unit/Acre

Story One

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by Malakai Sparks • The L3
Bought with Elyssa Apodaca • Keller Williams Pacific Estate

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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