$1,995,000/mo

2699 E 20th, Signal Hill, CA 90755

5,340 sqft

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.

Rental
Built in 1964
4,495sqft lot
4 car garage
$374/sqft
Listed 2 months ago

Property Description

Welcome to 2699 E. 20th St., Signal Hill—a rare opportunity to own a well-located 4-plex perched at the top of Signal Hill, offering tremendous city views and strong income potential. This property features a legal 4-unit configuration with a non-conforming 5th unit, allowing investors to benefit from five income streams while maintaining conventional 4-unit residential financing. The unit mix includes one spacious 3-bedroom, 2-bath unit, three 2-bedroom, 2-bath units, and one studio unit, providing a versatile layout that appeals to a wide tenant base. The property offers four large garages, adding both convenience and additional rental value potential. Recent improvements include fresh exterior paint and nicely updated interiors, making this a clean, well-presented asset with minimal immediate capital expenditure needed. There is also clear upside in rents, giving investors the opportunity to increase cash flow over time. Whether you’re looking for a stable long-term hold or a property with value-add potential, this Signal Hill asset checks all the boxes. Don’t miss the chance to own a view property with strong fundamentals in a highly desirable location.