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    2501 Cherry Ave Signal Hill, CA 90755

    Sponsored
    For Sale
    $16,500,000

    Prime CA Office, 110,759 SF

    Property size:
    110,759 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a two-building, Class B office complex totaling 110,759 square feet, situated on a 4.77-acre lot in Signal Hill, California. Currently 60% occupied, this multi-tenant property offers significant upside potential for an owner-user or investor. Built in 1982 and renovated in 2002, the property boasts recent improvements including new exterior windows, a new solar panel system, updated lobby tile, and fresh paint. The property features a gross lease structure and is zoned SHCT. The two three-story buildings provide a variety of space layouts suitable for diverse needs. The internal courtyards and common areas offer ample opportunity for customization. Located near major freeways, hospitals, hotels, and airports, this property enjoys an excellent location. The asking price is $16,500,000, translating to $148.97 per square foot. This is a rare chance to acquire a well-maintained, energy-efficient office complex with substantial value-add potential in a highly desirable location. The property is for sale by owner. The address is 2501 and 2525 Cherry Ave, Signal Hill, CA 90755.

    Property Features for 2501 Cherry Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    110,759 SF
    Class
    B
    Lot Size
    207,781 SF

    Building Details

    Year Built/Renovated
    1982/2002
    Buildings
    2
    Stories
    3

    HighLights

    • $16,500,000 asking price for this multi‑tenant office property.
    • 110,759 square feet of Class B office space in two, three‑story buildings.
    • Located at 2501 and 2525 Cherry Ave, Signal Hill, CA 90755, on a 4.77‑acre lot.
    • Gross lease structure with 60% occupancy.
    • Built in 1982, renovated in 2002, with SHCT zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    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
    -118.1682594
    Latitude
    33.8029617

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    FAQs

    What type of property is this?
    Office Property / Space - Prime CA Office, 110,759 SF
    Where is this office property / space located?
    The property is located at 2501 Cherry Ave Signal Hill, CA.
    What is the asking price?
    The asking price for this property is $16,500,000.
    What are key features of this property?
    This property features: $16,500,000 asking price for this multi-tenant office property.; 110,759 square feet of Class B office space in two, three-story buildings.; Located at 2501 and 2525 Cherry Ave, Signal Hill, CA 90755, on a 4.77-acre lot.
    (562) 354-2535
    Request Owner's contact information
    2501 Cherry Ave Signal Hill, CA 90755
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    Signal Hill, CA 90755
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2501 Cherry Ave Signal Hill, CA 90755
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