Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2859 Gundry Ave Signal Hill, CA 90755

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,998 /Mo

    Modern, renovated office space with ample parking near 405 Freeway.

    Lot size:
    4.03 Acres

    Property Features for 2859 Gundry Ave

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    4.03 Acres

    Building Details

    Year built
    1981

    We can help!

    Listing Contact
    Ismael Chavez
    Ismael Chavez
    Source: Elliman

    Listing Agent: Ismael Chavez

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

    Learn more

    Overview

    Renovated Office Space Available Now

    This newly renovated lease space offers a balance of style and functionality. The space features 9-foot and 12-foot ceilings, natural lighting, and professional finishes. It includes a private office with a closet and access to a community restroom and lobby. The property provides ample private parking and air conditioning. It is situated in a quiet setting minutes from the 405 Freeway, Long Beach Airport, and nearby shopping and dining. The usable space is approximately 600 sq ft.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    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
    -118.174737
    Latitude
    33.8089241

    Nearby Similar for Lease

    • $1.50 SF/Yr

      Professionally Managed Business Park Office

      Office space available in a professionally managed business park.
      1901 Redondo Ave, Signal Hill, CA 90755
      View Details
    • $1,998 /Mo

      Modern Office Space Available Now

      Newly renovated office space with modern design and professional amenities.
      2859 Gundry Ave, Signal Hill, CA 90755
      View Details
    • $1.50 SF/Yr

      Signal Hill Warehouse with Grade Doors

      Warehouse in Signal Hill featuring oversized grade level doors.
      1309 E Hill St, Signal Hill, CA 90755
      View Details
    • $1.50 SF/Yr

      Freestanding Industrial Building For Lease

      Headquarter-style industrial building in Signal Hill, convenient transportation access.
      2660 Signal Pkwy, Signal Hill, CA 90755
      View Details
    • $2 SF/Yr

      Signal Hill Commercial Property

      Commercial property for rent in Signal Hill with large yard.
      3346 Olive Ave, Signal Hill, CA 90755
      View Details
    • $2 SF/Yr

      Flex/Industrial Space Near Long Beach

      Flex/industrial spaces available in Signal Hill near Long Beach.
      1400 East 33Rd St, Signal Hill, CA 90755
      View Details
    • $0.84 SF/Yr

      Signal Hill Manufacturing/Warehouse Space

      Manufacturing/warehouse space in Signal Hill, minutes from I-710 & 405.
      2206 Orange Ave, Signal Hill, CA 90755
      View Details
    • $1.31 SF/Yr
      1,392 SF

      Signal Hill Flex/Industrial Unit

      Flex/industrial unit featuring reception office and open warehouse area.
      2698 Junipero Ave, Signal Hill, CA 90755
      View Details
    • Contact for pricing
      2,460 SF

      Signal Hill Industrial Building For Rent

      Freestanding industrial building with secured yard in Signal Hill.
      1101 E 25Th St, Signal Hill, CA 90806
      View Details
    • $1.23 SF/Yr
      2,400 SF

      Signal Hill Warehouse Space Available

      Available warehouse space in a multi-tenant building in Signal Hill.
      2700 Rose Ave, Signal Hill, CA 90813
      View Details
    • $1.45 SF/Yr
      1,556 SF

      Signal Hill Warehouse Space Available

      Professionally managed business park with clear span warehouse.
      2300 Walnut Ave, Signal Hill, CA 90813
      View Details
    • Contact for pricing

      Industrial Property in Signal Hill

      Leased industrial property located in Signal Hill, California.
      2445 N Palm Dr, Signal Hill, CA 90755
      View Details

    FAQs

    What type of property is this?
    Office units - Modern, renovated office space with ample parking near 405 Freeway.
    Where is this office units located?
    The property is located at 2859 Gundry Ave Signal Hill, CA.
    What is the lease rate?
    The lease rate is $1,998 /Mo.
    What are key features of this property?
    This property features: - Convenient location: Minutes from the 405 Freeway, Long Beach Airport, shopping, and dining.; - Newly renovated modern space with professional finishes.; - Private office with closet.
    (714) 328-4776
    Request Owner's contact information
    2859 Gundry 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.
    2859 Gundry 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
    2859 Gundry 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
    Ismael Chavez
    Ismael Chavez
    Real Estate License ID: 01797522
    (714) 328-4776 (714) 626-2000 (424) 238-2475
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!