Property profile

2240 Walnut Ave Signal Hill, CA 90755

FOR SALE
Triplexes
Property ID
US10-0416165
Built 1949
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Property summary

AI-generated overview

OPPORTUNITY TO RE-IMAGINE A TRIPLEX LOT IN A PRIME LOCATION IN SIGNAL HILL. This 5,131 square foot lot can accommodate the redevelopment or renovation of a triplex + ADU. The units are currently occupied. Located across the street from the highly-rated Signal Hill Elementary School with convenient access to the 405 Freeway. Only 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. Operating expenses are unknown. Call the listing agent for clarity. bikeScore: 34, Somewhat Bikeable walkScore: 63, Somewhat Walkable transitScore: 54, Good Transit

Property profile

Verified
Property type Triplexes
Year built 1949
UPID US10-0416165

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2240 Walnut Ave Signal Hill, CA 90755
Signal Hill metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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