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$1,500,000

FOR SALEActive

1024 E Nevada Street

Signal Hill CA 90755

4,240

SF

Mixed Use

Type

1957

Built

$354/SF

Cost/SF

88 days on marketNalren refreshed

Listing Agent

Richard Daskam

Listing Agent

DRE #: 01091037

(562) 857-1965

Brokerage: Circle Real Estate

Location Analysis

MapProperty Location

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

Map

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