2240 Walnut Avenue, Signal Hill, CA 90755

Building Details

Year Built

1949

Listing office Del Rey Residential j***@delreyresidential.io Show Phone

Listing date Aug 10, 2025

Source Exitrealty

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Overview

This for-sale triplex lot totals 5,131 square feet and is presented as an opportunity to redevelop or renovate an existing triplex with the addition of an ADU. The units are currently occupied, and operating expenses are not provided, so buyers should plan for due diligence on income and costs.

The property is located at 2240 Walnut Avenue in Signal Hill. Public remarks note it sits across the street from Signal Hill Elementary School, with convenient access to the 405 Freeway. The area distances mentioned include approximately 4.8 miles to Belmont Shore, 3.3 miles to Long Beach Airport, and 3.5 miles to the Long Beach Aquarium of the Pacific.

For investors or owner-operators, the current occupancy and the stated ability to redevelop or renovate can make this a practical fit for those looking to reposition a residential income asset. The most immediate next step is confirming details with the listing agent, including operating expenses and the specific approach contemplated for the triplex and ADU configuration.

Suggested Use

Law Firm Dental Office Parking Lot & Garage Real Estate Agency Cafe & Coffee Shop Acupuncture Skin Care Clinic (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

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

-118.171664

Latitude

33.7979281

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FAQs

What type of property is this?

Triplex - Occupied triplex lot offers room to re-imagine the property with a potential ADU plan.

Where is this triplex located?

The property is located at 2240 Walnut Avenue Signal Hill, CA.

What is the asking price?

The asking price for this property is $899,990.

What are key features of this property?

This property features: 5,131 SF lot with potential to redevelop or renovate a triplex plus an ADU; Units are currently occupied; Year built: 1949