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    2348 Lemon Ave Signal Hill, CA 90755-3439
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    Property profile & analytics

    2348 Lemon Ave, Signal Hill, CA 90755-3439

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    • Apartment buildings
    • 7,436 SF
    • 0.16 lot acres
    Off-Market
    Last Sale Apr 29, 2022
    $2,995,029
    Property ID
    US09-6358566
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,690,000
    Show details
    Cap Rate Potential
    5.7%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2348 Lemon Ave

    Year built
    1963
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Zone code
    SHR2*
    Property type
    Apartment buildings
    APN
    7211-020-020
    APU
    7211020020

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 29, 2022 $2,995,000 Lemon Sh LLC John Randy Torpin Grant Deed $1.2M · Citadel Servicing Corporation
    Sep 6, 2017 — John Randy Torpin — Deed · related $855k · Jpmorgan Chase Bank NA
    Jan 26, 2007 — Torpin Of Gotlib Trust Torpin,john R & Susan G Quit Claim Deed · related —
    Jan 3, 2007 — John R Torpin Torpin,randy & Susan G Quit Claim Deed · related —
    May 5, 2004 $1,050,000 Randy Torpin Key,tr Grant Deed $500k · Hawthorne Savings Bank Fsb
    — — Randy Torpin — Deed Of Trust · related $715k · Commercial Capital Bank Fsb

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,480,000
      ML approach
      $2,605,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,370,000
      6.5%
      $2,190,000
      7%
      $2,030,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,877,000
      Market price range: $1.25M - $2.88M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $2,065,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $4,395,000
      Change: +113% Conversion: Difficult
      OFFICE BUILDING
      $2,635,000
      Change: +28% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $2,350,000
      Change: +14% Conversion: Difficult
      RETAIL STORES
      $2,090,000
      Change: +1% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,785,000
      Change: -14% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Signal Hill
    County
    Los Angeles
    State
    California
    Longitude
    -118.178
    Latitude
    33.7998
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $41,923
    $2,080,800
    $1,035,918
    $3,116,718
    -
    $0.00
    $0.00
    $0.00
    More about this property
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