Industrial Condo with
For Sale
Contact for pricing
1450-1464 E 29th St, Signal Hill, CA 90755
The condo is leased through September 2032, with annual increases to base rent.
Property Size3,352 SF
Price / SF$313.25
Days on Market8
Property Features for 1450-1464 E 29th St
General Information
Standard status
Active
Size
3,352 SF
Property subtype
INDUSTRIAL
Building Details
Tenancy
Single
Listing Agency:
GM Properties, Inc.
(562) 697-5000
Listed By:
Matt Wagner · License #CA01238514
(562) 822-7000
Source:
Moodyscre
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 20 at 5:56PM
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 GM Properties, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial condominium at 1450-1464 E 29th St in Signal Hill contains 3,352 square feet. A mezzanine is also present, but its area is not included in the stated square footage.
The property is leased through September 2032, and base rent increases annually.
The property is leased through September 2032, and base rent increases annually.
Key Highlights
- 3,352 square feet; mezzanine area is excluded from the stated size
- Lease term runs through September 2032
- Base rent increases annually
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,172
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$783,440
$783.4K
Cap Rate 7%
$559,600
$559.6K
Cap Rate 9%
$435,244
$435.2K
Market Conditions
NOI Build-Up for 3,352 SF
Gross rent
$59.5K $17.76/SF
− Vacancy
−$3.6K −$1.07/SF
EGI
$56.0K $16.69/SF
− OpEx
−$16.8K −$5.01/SF
NOI
$39.2K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$783,440
Cap Rate 7%
$559,600
Cap Rate 9%
$435,244
Alternative Uses
Best Use
Industrial
$559.6K
$489.7K – $652.9K
NOI $39,172 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,625 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,621
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Industrial property - The condo is leased through September 2032, with annual increases to base rent.
Where is this industrial property located?
The property is located at 1450-1464 E 29th St Signal Hill, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 3,352 square feet; mezzanine area is excluded from the stated size; Lease term runs through September 2032; Base rent increases annually
