2699 E 20th, Signal Hill, CA 90755
- $2,000,000
- List Price
- $2,000,000
- Status
- ACTIVE
- Days on Market
- 39
- Price Change
- ▲ $75,000 1787375279
- MLS#
- PW26183641
- Subtype
- Residential Income
- Style
- Traditional
- Year Built
- 1964
- Lot Size
- 4,495
- Acres
- 0.10
- Subdivision
- Signal Hill (Sh)
- Neighborhood
- Signal Hill (Sh)
- MLS Area Major
- Signal Hill (8)
Property Description
Rare Hilltop Investment Opportunity in Signal Hill! This 5 unit multifamily property offers panoramic city views and an unprecedented value-add opportunity. The property features five legal conforming units, including a spacious 3-bedroom, 2-bath penthouse with sweeping views, three 2-bedroom, 2-bath units, and one studio. The crown jewel penthouse is ideal for an owner-user looking to live on-site while rental income from the remaining units helps offset ownership costs. Additional highlights include four attached garages, fresh exterior paint, updated interiors, and significant rental upside. Whether you're an investor or owner-user, 2699 E. 20th Street presents a rare opportunity to acquire a premier Signal Hill asset with immediate income, substantial upside, and the ability to reset rents from day one. Commercial financing or DSCR loan options apply.
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Additional Information
- Interior Features
- All Bedrooms Up
- Property Description
- Traditional
- Heating
- Wall Furnace
- Stories
- Three Or More Levels
- Levels
- Three Or More
- Roof
- Shingle
- Pool Type
- None
- Parking Features
- Assigned
- Garage Spaces
- 4
Mortgage Calculator
Listing courtesy of Listing Agent: Jeff Anderson (MLS@AndersonREG.com) from Listing Office: eXp Realty of California Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.