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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,875,000

Est. payment - /mo

4,495 Sqft Lot

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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Signal Hill (Sh)

MLS Listing ID PW26183641

HOA Y/N No

Year Built 1964

Lot Size 4,495 Sqft

Property Sub-Type Apartment

Property Description

Rare Hilltop Investment Opportunity in Signal Hill! This 5 unit multifamily property offers panoramic city views and an unprecedented value-add opportunity.
The property features five legal conforming units, including a spacious 3-bedroom, 2-bath penthouse with sweeping views, three 2-bedroom, 2-bath units, and one studio. The crown jewel penthouse is ideal for an owner-user looking to live on-site while rental income from the remaining units helps offset ownership costs.

Additional highlights include four attached garages, fresh exterior paint, updated interiors, and significant rental upside. Whether you're an investor or owner-user, 2699 E. 20th Street presents a rare opportunity to acquire a premier Signal Hill asset with immediate income, substantial upside, and the ability to reset rents from day one. Commercial financing or DSCR loan options apply.

Location

State CA

County Los Angeles

Area 8 - Signal Hill

Interior

Interior Features All Bedrooms Up

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Common Area, Inside, See Remarks

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Park, Sidewalks, Urban

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Corner Lot

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 7216002018

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Submit

Special Listing Condition Trust

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Listed by Jeff Anderson eXp Realty of California Inc 800-784-2616, DRE #01729514

NEARBY SCHOOL & BUSINESS

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2699 E 20th Signal Hill, CA 90755