Storefront Property with Rear
New
For Sale
Contact for pricing
1839-1845 Redondo Ave, Signal Hill, CA 90755
Retail-oriented property with an additional rear building included in the sale.
Property Size3,835 SF
Price / SF$390.87
Days on Market6
Property Features for 1839-1845 Redondo Ave
General Information
Standard status
Active
Size
3,835 SF
Property subtype
RETAIL
Listing Agency:
Gateway Business Properties
(310) 951-0024
Listed By:
Andrew Hardin
(310) 951-0024
Source:
Moodyscre
Added: Aug 4
Changed: Aug 9
Last Checked: Aug 9 at 8:18AM
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 Gateway Business Properties
Investment Insights
Based on property information with market context.
This storefront property includes a primary retail building and an additional building positioned at the rear of the site. Both structures are included in the sale, providing a two-building commercial configuration for a retail user or owner-occupant.
The property is located at 1839-1845 Redondo Ave in Signal Hill, California, within the 90755 ZIP code.
The property is located at 1839-1845 Redondo Ave in Signal Hill, California, within the 90755 ZIP code.
Key Highlights
- Retail building included in the sale
- Additional rear building included
- Two‑building commercial configuration
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
$84,848
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
5.66%
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%
$1,696,960
$1.7M
Cap Rate 7%
$1,212,114
$1.2M
Cap Rate 9%
$942,756
$942.8K
Market Conditions
NOI Build-Up for 3,835 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
$129.8K $33.84/SF
− Vacancy
−$8.6K −$2.23/SF
EGI
$121.2K $31.61/SF
− OpEx
−$36.4K −$9.48/SF
NOI
$84.8K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
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%
$1,696,960
Cap Rate 7%
$1,212,114
Cap Rate 9%
$942,756
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,848 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.05M
$1.80M – $2.40M
NOI $143,727 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,792
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 41%
Apparel 6%
Hotels & Casinos 5%
Dollar Tree
Shops & Services
27,752 visits/mo
0.5 miles
Jack in the Box
Dining
16,018 visits/mo
0.2 miles
Del Taco
Dining
11,447 visits/mo
0.3 miles
AutoZone
Shops & Services
7,874 visits/mo
0.5 miles
Ahipoki Bowl
Dining
4,648 visits/mo
0.5 miles
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 Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail-oriented property with an additional rear building included in the sale.
Where is this storefront property located?
The property is located at 1839-1845 Redondo Ave Signal Hill, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Retail building included in the sale; Additional rear building included; Two‑building commercial configuration
