$1,500,000
FOR SALEActive1024 E Nevada Street
Signal Hill CA 90755
4,240
SF
Mixed Use
Type
1957
Built
$354/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Unique opportunity to acquire a fully occupied, multi-tenant light-industrial property in Signal Hill offering four separately utilized business spaces, multiple workshops, private offices and substantial outdoor work and yard areas. Situated on a prominent corner parcel with frontage along Nevada Street, Lewis Avenue and Burnett Street, the property offers excellent flexibility for an investor, owner-user or automotive/industrial operator. The property consists of approximately 4,240 square feet of building area on a 12,202-square-foot lot with Light Industrial zoning. The four separately occupied units include: 1024 E. Nevada Street – Approximately 1,240 SF with a private office, restroom and large workshop, plus access to a shared fenced work yard and parking area. Currently utilized by a fencing company. 1025 E. Burnett Street – Approximately 1,000 SF occupied by a long-term specialty automotive/body-shop tenant. Includes an office, private restroom, shop/work area and outdoor work-yard space. 2420 Lewis Avenue – Approximately 1,000 SF with a private office, private restroom, storage room and large body-shop/workshop area currently utilized for specialty/custom automobile repair. 2424 Lewis Avenue – Approximately 1,000 SF with a private office, private restroom, large workshop/storage area and access to the fenced work yard shared with 1024 Nevada. With three automotive-related occupants and one fencing contractor, the property provides a desirable combination of income-producing industrial space, workshops, offices, storage and valuable outdoor work areas. The corner configuration provides access from multiple streets, while the fenced yard and parking/work areas add significant functionality for automotive, contractor, service and other permitted industrial uses. All four spaces are currently occupied, providing an investor with an established multi-tenant property while offering potential future flexibility for an owner-user. Businesses and tenant possessions are excluded from the real estate sale. Seller may consider owner financing. Ask about purchasing the fencing business. Please do not disturb occupants.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
Light Industrial
Zoning
0.2801 acres
Lot Size
4
Total Units
4,240 SF
Square Footage
$353.77/SF
Price per SF
1,957
Year Built
1
Stories
15
Parking Total
3.54
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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