$1,899,000
Welcome to 2699 E. 20th St., Signal Hill—a rare opportunity to own a well-located 4-plex perched at the top of Signal Hill, offering tremendous city views and strong income potential. This property features a legal 4-unit configuration with a non-conforming 5th unit, allowing investors to benefit from five income streams while maintaining conventional 4-unit residential financing. 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 you’re looking for a stable long-term hold or a property with value-add potential, this Signal Hill asset checks all the boxes. Don’t miss the chance to own a view property with strong fundamentals in a highly desirable location.
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Listed by Juan Huizar with Sage Real Estate Group, Inc. (562) 400-7622
Property Type
Apartment
Status
Active
MLS Number
PW26011742
Year Built
1964
Lot Size
4,495 sq ft