1024 E Nevada St , Signal Hill, CA 90755
$2,000,000
Est. Payment: $10,593.31/mo
0 Bed
0 Bath
4240 Sqft
Status: Active | Days on site: 25
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PB21352 - ZDASKRIC
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House Description

Unique opportunity to acquire a fully occupied, multi-tenant light-industrial property in Signal Hill offering four separately utilized business spaces, multiple workshops, private offices and substantial outdoor work and yard areas. Situated on a prominent corner parcel with frontage along Nevada Street, Lewis Avenue and Burnett Street, the property offers excellent flexibility for an investor, owner-user or automotive/industrial operator. The property consists of approximately 4,240 square feet of building area on a 12,202-square-foot lot with Light Industrial zoning. The four separately occupied units include: 1024 E. Nevada Street – Approximately 1,240 SF with a private office, restroom and large workshop, plus access to a shared fenced work yard and parking area. Currently utilized by a fencing company. 1025 E. Burnett Street – Approximately 1,000 SF occupied by a long-term specialty automotive/body-shop tenant. Includes an office, private restroom, shop/work area and outdoor work-yard space. 2420 Lewis Avenue – Approximately 1,000 SF with a private office, private restroom, storage room and large body-shop/workshop area currently utilized for specialty/custom automobile repair. 2424 Lewis Avenue – Approximately 1,000 SF with a private office, private restroom, large workshop/storage area and access to the fenced work yard shared with 1024 Nevada. With three automotive-related occupants and one fencing contractor, the property provides a desirable combination of income-producing industrial space, workshops, offices, storage and valuable outdoor work areas. The corner configuration provides access from multiple streets, while the fenced yard and parking/work areas add significant functionality for automotive, contractor, service and other permitted industrial uses. All four spaces are currently occupied, providing an investor with an established multi-tenant property while offering potential future flexibility for an owner-user. Businesses and tenant possessions are excluded from the real estate sale. Seller may consider owner financing. Ask about purchasing the fencing business. Please do not disturb occupants.

Highlights

Listed by Richard Daskam , 562-857-1965 Circle Real Estate , 562-521-9022. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.28

Year Built

1957

County

Los Angeles

Area

8 - Signal Hill

Listing ID

PW26174771

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Corner Lot,Near Public Transit,Rectangular Lot,No Land Lease
Garage Capacity:15
Zoning:Light Industrial
Roof:Mixed
Others:
  • Additional:Frame, 2+ Total Units
Principal Interest
$10,593
Taxes
$1,275

Home Price

$2,000,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$400,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,593.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,593.31 $1,275.00 $0.00 $11,868.31
Yearly $127,119.74 $15,300.00 $0.00 $142,419.74
Total $3,813,592.09 $459,000.00 $0.00 $4,272,592.09

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Signal Hill, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T15:01:48.000Z

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