2150 Gaviota Avenue, Signal Hill, CA 90755
Property · 2 recorded sales since 2020
Sold September 2020
Listing Agent: Shane Young (DRE #01963090) · Listing Office: Marcus & Millichap · Contact: 562-257-1200 · Bought with: NONE NONE · None MRML · MLS #PW20112274 · Source: CRMLS
About this property
Units are available to be re-tenanted.................After Rehab Value of over $1.7M.................Build Two Additional Units.................5.31% cap rate................. We are pleased to present 2150 Gaviota Avenue, a triplex investment property in Signal Hill, California. The property is located between Hill Street and Alamitos Avenue. The property’s convenient location is right by Signal Hill Park, Library, City Hall and Schools; and within walking distance of the Towne Center East Shopping Plaza. 2150 Gaviota Avenue consists of a duplex containing 1 bedroom 1 bathroom units and a 2 bedroom 1 bathroom single family house. In addition to the three units currently on the premises, there is ample space for two additional accessory dwelling units (ADUs) to be built on the lot. Each building is separately metered for gas and electricity. The property also features one two-car garage ready to be converted to an ADU. This offering presents a great opportunity for an investor to acquire an asset in a strong rental market and capture upside in rents. Property to be delivered Vacant. Contact agent for the Marketing Package.
Listing description from the September 2020 sale, as reported to CRMLS.
Sale history
