Industrial Flex Office
For Sale
$725,000
2847 Gundry Avenue, Signal Hill, CA 90755
Two-story flex office with HVAC, plus a 12' x 14' ground-level loading door for efficient loading and storage.
Property Size3,478 SF
Price / SF$208.45
Days on Market118
Property Features for 2847 Gundry Avenue
General Information
Standard status
Active
Size
3,478 SF
Property subtype
General Commercial
Building Details
Year Built
1981
Listing Agency:
(310) 577-5300
Listed By:
Estate Properties
Source:
Xome
Added: Apr 6
Changed: Jul 10
Last Checked: Jul 16 at 7:03AM
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 Estate Properties
Investment Insights
Based on property information with market context.
This industrial flex/office condominium offers a highly functional layout within a two-story office configuration. The property includes HVAC service throughout the building and a renovated front office and entry area. The business park completed exterior improvements in 2021, including fresh exterior paint, supporting a maintained appearance for tenant and visitor use.
The property is located at 2847 Gundry Ave in Signal Hill, CA, with an adjacent unit at 2853 Gundry Ave also available for sale. The location provides access just minutes from the 405 Freeway, connecting to both West Orange County and the South Bay. Long Beach Airport is described as approximately a 10-minute drive, and the unit includes ground-level loading access for operational flexibility.
With both office space and practical loading capability, this flex setup can support a range of businesses that need dedicated work areas alongside everyday storage or light industrial needs. The 12' x 14' ground-level loading door is designed to support efficient loading and unloading, while the maintained HVAC-serviced office area supports day-to-day operations.
The property is located at 2847 Gundry Ave in Signal Hill, CA, with an adjacent unit at 2853 Gundry Ave also available for sale. The location provides access just minutes from the 405 Freeway, connecting to both West Orange County and the South Bay. Long Beach Airport is described as approximately a 10-minute drive, and the unit includes ground-level loading access for operational flexibility.
With both office space and practical loading capability, this flex setup can support a range of businesses that need dedicated work areas alongside everyday storage or light industrial needs. The 12' x 14' ground-level loading door is designed to support efficient loading and unloading, while the maintained HVAC-serviced office area supports day-to-day operations.
Key Highlights
- Approximately 3,478 SF industrial flex/office condominium with well‑maintained two‑story office space
- HVAC service throughout the building and a 12' x 14' ground‑level loading door for efficient loading and storage
- Business park exterior improvements in 2021, including fresh exterior paint and renovated front office and entry area of the unit
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.9k | $16.08 |
| − Vacancy | −$2.7k | −$0.77 |
| EGI | $53.2k | $15.31 |
| − OpEx | −$8.0k | −$2.30 |
| NOI | $45.3k | $13.01 |
3,478 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.09M
$950.3K – $1.27M
NOI $76,026 @ 7.0% cap · market cap 10.49%
Second Best
Warehouse
$646.5K
$565.7K – $754.3K
NOI $45,256 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,348 @ 7.0% cap · market cap 17.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,674
Businesses Nearby
Under-served
Demand for This Use
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 Office in West region
Questions? Ask Rey
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- Cali Catering And Party Rentals
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- Olive Wood Pizza — 2601 E 28th St UNIT 311, Signal Hill, CA 90755
- Two guys catering
Frequently Asked Questions
What type of property is this?
Flex space - Two-story flex office with HVAC, plus a 12' x 14' ground-level loading door for efficient loading and storage.
Where is this flex space located?
The property is located at 2847 Gundry Avenue Signal Hill, CA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Approximately 3,478 SF industrial flex/office condominium with well‑maintained two‑story office space; HVAC service throughout the building and a 12' x 14' ground‑level loading door for efficient loading and storage; Business park exterior improvements in 2021, including fresh exterior paint and renovated front office and entry area of the unit
