Signal Hill, CA 90755,1899 Freeman AVE
Signal Hill, CA 90755,1899 Freeman AVE
Signal Hill, CA 90755,1899 Freeman AVE
$1,665,000
Est. payment /mo
$1,675,000
0.6%
Est.Price: ?

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0.3 Acres Lot
SOLD DATE : 11/30/2023

Key Details

Sold Price $1,665,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23124254

Sold Date 11/30/23

HOA Y/N No

Year Built 1975

Annual Tax Amount $20,096

Tax Year 2023

Lot Size 0.301 Acres

Lot Dimensions Assessor

Property Description

Five unit multi-tenant industrial property located in the Signal Hill industrial district. Perfect for an owner-user or keep as a leased investment. Each unit has a small office, restroom, and warehouse area. Minimum warehouse clearance is approximately 13 - 14 feet. Warehouse access is from a metal ground level overhead door; office access from a metal framed glass door. There is a single skylight in the warehouse area of each unit. There are a total of 11 parking spaces reflecting a parking ratio of 1.8/1,000 sf of building area. The property is well-maintained in good condition. Current rents are below market; there is very good upside potential on rents. All tenants on a "month-to-month" lease term.

Location

State CA

County Los Angeles

Area 8 - Signal Hill

Interior

Heating None

Cooling None

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Composition,Rolled/Hot Mop

Total Parking Spaces 11

Building

Lot Description Rectangular Lot, Level

Story 1

Water Public

Others

Tax ID 7217013005

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Ben Lara • American Pacific Realty • 714-793-3999
Bought with Hoyt Hochman • Re/Max Platinum Properties

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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