Get the App

2648 Cherry Avenue, Signal Hill, CA 90755

Commercial property

2648 Cherry Avenue, Signal Hill, CA 90755 Sold August 2026 CRMLS
$2,550,000Sold August 2026

Listing Agent: Mike Sadeghi (DRE #01088115) · Listing Office: Pridemark Group · Contact: mikes@pridemarkgroup.com · Bought with: Jamie Villaroman · Hazar Chircorian · MLS #OC25071305 · Source: CRMLS

4,806
Building Sq Ft
11,003 sqft
Lot Size
SHM1*
Zoning
Commercial property
Type

How this sale compares

2648 Cherry Avenue sold for $2,550,000 in August 2026, 8.9% under its $2,800,000 list price, after 347 days on the market.

347
Days on market
−8.9%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

About this commercial property

** Perfect for 1031 Exchange Buyers** Motivated retiring sellers after 27 years in business (building has been an established mechanic shop since 1978) are selling their business and real estate together. This exceptional business and free standing property is a generational opportunity. Located on a crowded cross section in the heart of Signal Hill (Cherry Ave & Willow), this 4,806 sq. ft. building with 10 parking spaces on an 11,003 sq. ft. lot attracts over 5,000 customers per year and is a gold mine for a savvy operator. Signal Hill Automotive is an established auto service shop which does auto repair, oil change, alignment, tire changes and auto electrical repairs. The major asset of this business is its large number of fleet accounts, such as Enterprise Rent-A-Car, Hertz, local oil companies, traffic management department, water treatment facility, etc. which generate 40% of business revenue and create a dependable user base. The bulk of their revenue, however, comes from serving the community through years of satisfied and loyal customers. Some of their customers are the 3rd generation in their families to come to this place. The right owner can increase this volume 200-300% with an aggressive advertising campaign. Property consists of an office with 5 automotive lifts: 2 underground, 3 above, and one alignment jack. There are 7 bays on the property. There is also huge potential for generating additional income by converting 2 of the existing bay pits to service RV, Large Truck and Bus alignments. The property was built for this and known for its high ceiling accessibility and location. The property is zoned SHM1 industrial manufacturing (light mfg which can be used for many different purposes). Seller will cooperate with Buyer for a smooth transition to new ownership of Auto Shop Business upon request.

Listing description from the August 2026 sale, as reported to CRMLS.

Sale history

$2,550,000
Sold August 2026 · listed $2,800,000, on market November 2024, 347 days on market · MLS #OC25071305 · Source: CRMLS
Listing Agent: Mike Sadeghi · Listing Office: Pridemark Group · Contact: mikes@pridemarkgroup.com · Bought with: Jamie Villaroman · Hazar Chircorian

Questions about 2648 Cherry Avenue

When did 2648 Cherry Avenue last sell?

2648 Cherry Avenue last sold in August 2026 for $2,550,000, according to CRMLS-reported closed sales.

What did 2648 Cherry Avenue sell for?

$2,550,000, 8.9% below the $2,800,000 list price, after 347 days on the market.

Is 2648 Cherry Avenue for sale now?

2648 Cherry Avenue is not currently listed on the MLS. Browse current homes for sale in Signal Hill on Nalren.

See homes for sale in Signal Hill Open the Nalren App

Explore Signal Hill