Commercial Land With Gutted
For Sale
Contact for pricing
2581 California Ave, Signal Hill, CA 90755
Existing improvements are gutted, leaving a blank interior for new commercial planning, subject to zoning and intended-use verification.
Property Size1,100 SF
Price / SF$636.36
Days on Market164
Property Features for 2581 California Ave
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Retail, Office
Investment Type
Owner/User
Building Details
Stories
1
Listing Agency:
Daughrity Real Estate
Listed By:
James Daughrity · License #CA 01958394
Source:
Crexi
Added: May 6
Changed: Oct 8
Last Checked: Oct 16 at 6:02AM
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 Daughrity Real Estate
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Investment Insights
Based on property information with market context.
This commercial land offering includes an existing 1,100-square-foot shell at 2581 California Ave in Signal Hill. The interior has been gutted, providing a blank framework for a new layout and design. Permits and plans are reportedly in place, although buyers should verify their status and confirm zoning compatibility with any intended use.
The property is positioned in the Signal Hill/Long Beach submarket, with proximity to the 405 and 710 Freeways and regional business corridors. Its freestanding configuration and existing shell provide a defined starting point for redevelopment or completion, subject to applicable approvals and buyer verification.
The property is positioned in the Signal Hill/Long Beach submarket, with proximity to the 405 and 710 Freeways and regional business corridors. Its freestanding configuration and existing shell provide a defined starting point for redevelopment or completion, subject to applicable approvals and buyer verification.
Key Highlights
- 1,100‑square‑foot existing commercial shell
- Interior has been gutted for new layout and design work
- Permits and plans are reportedly in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,337
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,740
$486.7K
Cap Rate 7%
$347,671
$347.7K
Cap Rate 9%
$270,411
$270.4K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$37.2K $33.84/SF
− Vacancy
−$2.5K −$2.23/SF
EGI
$34.8K $31.61/SF
− OpEx
−$10.4K −$9.48/SF
NOI
$24.3K $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 Rate 5%
$486,740
Cap Rate 7%
$347,671
Cap Rate 9%
$270,411
Alternative Uses
Best Use
Retail
$347.7K
$304.2K – $405.6K
NOI $24,337 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$588.9K
$515.3K – $687.1K
NOI $41,226 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,617
Businesses Nearby
189k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Groceries 34%
Shops & Services 4%
Apparel 4%
Food 4 Less
Groceries
64,782 visits/mo
0.5 miles
Jack in the Box
Dining
29,967 visits/mo
0.5 miles
Starbucks
Dining
24,677 visits/mo
0.5 miles
Chipotle Mexican Grill
Dining
18,976 visits/mo
0.5 miles
Applebee's
Dining
18,101 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Commercial land - Existing improvements are gutted, leaving a blank interior for new commercial planning, subject to zoning and intended-use verification.
Where is this commercial land located?
The property is located at 2581 California Ave Signal Hill, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,100‑square‑foot existing commercial shell; Interior has been gutted for new layout and design work; Permits and plans are reportedly in place
