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1899 Freeman AVE Signal Hill, CA 90755
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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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Bought with Hoyt Hochman • Re/Max Platinum Properties