Listed by Sage Real Estate, eXp Realty of California Inc
$2,000,000
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
Welcome to 2699 E. 20th St., Signal Hilla rare opportunity to own a well-located 5 unit perched at the top of Signal Hill, offering tremendous city views and strong income potential. This property features a 5-unit configuration. The unit mix includes one spacious 3-bedroom, 2-bath unit, three 2-bedroom, 2-bath units, and one studio unit, providing a versatile layout that appeals to a wide tenant base. The property offers four large garages, adding both convenience and additional rental value potential. Recent improvements include fresh exterior paint and nicely updated interiors, making this a clean, well-presented asset with minimal immediate capital expenditure needed. There is also clear upside in rents, giving investors the opportunity to increase cash flow over time. Whether youre looking for a stable long-term hold or a property with value-add potential, this Signal Hill asset checks all the boxes. Dont miss the chance to own a view property with strong fundamentals in a highly desirable location.
Listing Contacts
Listed by Sage Real Estate, eXp Realty of California Inc
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