Listed by Sage Real Estate, eXp Realty of California Inc
$1,925,000
2699 E 20th
Details
APN 7216002018
Property Type Multifamily
Sub Type Apartment Building
Units 5
Cap Rate 6.33%
Buildings 1
Stories 3
Acreage 0.103
Zoning Assessor
Multifamily | 6.33% CAP | 5 Units
Marketing 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.
Listing Contacts
Listed by Sage Real Estate, eXp Realty of California Inc
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