Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2648 Cherry Ave Signal Hill, CA 90755

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,800,000

    Industrial property available for sale in Signal Hill, California.

    Lot size:
    0.25 Acres

    Property Features for 2648 Cherry Ave

    General Information

    Lot size
    0.25 Acres

    We can help!

    Listing Contact
    Mike Sadeghi
    Source: Elliman

    Listing Agent: Mike Sadeghi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Industrial Property in Signal Hill

    An industrial property is available for sale. The list price is $2,800,000. The property is located at 2648 Cherry Ave, Signal Hill, CA 90755.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Signal Hill
    County
    Los Angeles
    State
    California
    Longitude
    -118.1672476
    Latitude
    33.8053121

    Nearby Similar for Sale

    • $2,800,000
      5,038 SF

      Remodeled 16-Unit Motel in Signal Hill

      Completely remodeled 16-unit motel on Pacific Coast Highway.
      3101 E Pacific Coast Hwy, Signal Hill, CA 90755
      View Details
    • $1,440,000
      3,692 SF

      Signal Hill Commercial Property For Sale

      Commercial property in Signal Hill with multiple offices and storefronts.
      1005 E Burnett St, Signal Hill, CA 90755
      View Details
    • $350,000

      Established Fitness Business Opportunity

      Fitness business for sale with equipment, training, clients, and support.
      2696 Dawson Ave, Signal Hill, CA 90755
      View Details
    • $760,000
      1,743 SF

      Updated Townhome in Rose Terrace

      Updated 2-bedroom, 2.5-bath townhome with modern amenities and convenient location.
      2298 Rose Ave, Signal Hill, CA 90755
      View Details
    • $585,000
      976 SF

      Signal Hill Condo with Panoramic Views

      Bright, airy condo with mountain and ocean views in Signal Hill.
      2700 E Panorama Dr, Signal Hill, CA 90755
      View Details
    • $1,450,000
      6,959 SF

      Signal Hill Industrial Flex Condo

      6,959 SF industrial flex/office condo in Signal Hill, CA.
      2847-2853 Gundry Ave, Signal Hill, CA 90755
      View Details
    • $1,300,000

      Signal Hill Two-Unit Property

      Well-maintained two-unit property in a desirable Signal Hill neighborhood.
      3370 Lemon Ave, Signal Hill, CA 90755
      View Details
    • $899,990

      Signal Hill Triplex Redevelopment Opportunity

      Triplex redevelopment opportunity in prime Signal Hill location.
      2240 Walnut Ave, Signal Hill, CA 90755
      View Details
    • $799,990

      Duplex Lot Redevelopment Opportunity

      Duplex lot in prime Signal Hill location, redevelopment opportunity.
      2238 Walnut Ave, Signal Hill, CA 90755
      View Details
    • $2,900,000
      12,800 SF

      Two Industrial Buildings For Sale

      Two free-standing industrial buildings totaling 12,800 SF on 0.62 acres.
      1851-1855 Freeman Ave, Signal Hill, CA 90755
      View Details
    • $2,550,000
      8,640 SF

      Free Standing Building For Sale

      Free standing building with small private yard available for sale.
      1309 E Hill St, Signal Hill, CA 90755
      View Details
    • $725,000
      3,479 SF

      Industrial/Office Condo For Sale

      Industrial/Office condo with grade level door and varying clear height.
      2829-2871 Gundry Ave, Signal Hill, CA 90755
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial property available for sale in Signal Hill, California.
    Where is this industrial property located?
    The property is located at 2648 Cherry Ave Signal Hill, CA.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - No selling points could be extracted from the provided information, as it is empty.
    (949) 502-5999
    Request Owner's contact information
    2648 Cherry Ave Signal Hill, CA 90755
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2648 Cherry Ave
    Signal Hill, CA 90755
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2648 Cherry Ave Signal Hill, CA 90755
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mike Sadeghi
    (949) 502-5999
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.