2501 Cherry Ave, Signal Hill, CA 90755

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.