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Duplex Lot Redevelopment Opportunity
For Sale
$799,990
Pending

2238 Walnut Avenue, Signal Hill, CA 90755

Duplex lot in prime Signal Hill location, redevelopment opportunity.

Property SizeContact for details
Days on Market435

Property Features for 2238 Walnut Avenue

General Information

Standard status Pending
Property subtype Multi Family

Building Details

Year Built 1954
Listing Agency: Del Rey Residential
Listed By: Julian Nan · License #01928893
Source: Exitrealty
Added: Aug 23, 2025 Changed: Oct 25 Last Checked: Sep 29 at 6:57AM

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 Del Rey Residential

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Investment Insights

Based on property information with market context.

This property presents an opportunity to re-imagine a duplex lot situated in a prime location within Signal Hill. The 5,131 square foot lot is suitable for redevelopment or renovation of a duplex with an additional dwelling unit (ADU). The units are currently occupied. The property is located across the street from Signal Hill Elementary School and offers convenient access to the 405 Freeway. It is located 4.8 miles from Belmont Shore, 3.3 miles from Long Beach Airport, and 3.5 miles from the Long Beach Aquarium of the Pacific.

Key Highlights

  • Prime location in Signal Hill with duplex + ADU redevelopment/renovation potential on a 5,131 sq ft lot.
  • Located across the street from the highly‑rated Signal Hill Elementary School.
  • Convenient access to the 405 Freeway.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,483
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Duplex lot in prime Signal Hill location, redevelopment opportunity.
Where is this duplex located?
The property is located at 2238 Walnut Avenue Signal Hill, CA.
What is the asking price?
The asking price for this property is $799,990.
What are key features of this property?
This property features: Prime location in Signal Hill with duplex + ADU redevelopment/renovation potential on a 5,131 sq ft lot.; Located across the street from the highly‑rated Signal Hill Elementary School.; Convenient access to the 405 Freeway.
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