Free Standing Building For
For Sale
$1,995,000
1309 E Hill St, Signal Hill, CA 90755
Free standing building with small private yard available for sale.
Property Size6,900 SF
Days on Market288
Property Features for 1309 E Hill St
General Information
Standard status
Active
Size
6,900 SF
Property subtype
Industrial
Building Details
Building Size
6,900 SF
Year Built
1954
Listing Agency:
Lee & Associates
Listed By:
Max Robles · License #CalDRE #02057317
(562) 354-2500
Source:
Lee-associates
Added: Nov 24, 2025
Changed: Sep 7
Last Checked: Sep 8 at 4:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates
Investment Insights
Based on property information with market context.
This free-standing building offers a functional space with a 1,038 square feet mezzanine area located within the warehouse. The property includes a small, private yard. It features three oversized grade-level doors, two measuring 14 feet by 14 feet and one measuring 10 feet by 14 feet. The total property size is 8,640 square feet.
Key Highlights
- Free standing building
- Three oversized grade level doors, including two 14'x14' doors
- 1,038 sq ft mezzanine in warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$89,782
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,795,640
$1.8M
Cap Rate 7%
$1,282,600
$1.3M
Cap Rate 9%
$997,578
$997.6K
Market Conditions
NOI Build-Up for 6,900 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$111.0K $16.08/SF
− Vacancy
−$5.3K −$0.77/SF
EGI
$105.6K $15.31/SF
− OpEx
−$15.8K −$2.30/SF
NOI
$89.8K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,795,640
Cap Rate 7%
$1,282,600
Cap Rate 9%
$997,578
Alternative Uses
Best Use
Warehouse
$1.28M
$1.12M – $1.50M
NOI $89,782 @ 7.0% cap · market cap 4.50%
Second Best
Industrial
$1.15M
$1.01M – $1.34M
NOI $80,634 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$3.69M
$3.23M – $4.31M
NOI $258,596 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,561
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90755, CA
11,923
Population
5,071
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
88%
High-School Grad
2.2 sq mi
ZIP Area
5,420
Density / Sq Mi
$102,684
Median Household Income
$61,069
Median Earnings
$1,817
Median Rent
$730,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 2506 Atlantic Ave, Long Beach, CA 90806
- Contents By Save The Day — 2424 Gundry Ave, Signal Hill, CA 90755
- P & O Movers — 2835 gundry ave, signal hill, ca 90755
- Top Rhino — 1717 E 28th St, Signal Hill, CA 90755
- A.P.S. Muscle Cars Inc. — 1795 E 28th St, Signal Hill, CA 90755
Frequently Asked Questions
What type of property is this?
Warehouse - Free standing building with small private yard available for sale.
Where is this warehouse located?
The property is located at 1309 E Hill St Signal Hill, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Free standing building; Three oversized grade level doors, including two 14'x14' doors; 1,038 sq ft mezzanine in warehouse
