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1825 Stanley Ave
Signal Hill, CA 90755

$2,400,000 USD

Apartments For Sale • 6,592 SF

Property Details

Property Type Apartments
Total Building Size 6,592 SF
Lot Size 0.3 AC
Building Class C
Year Built 1956
Zoning SHR3*

50 Transit Score

60 Walk Score

                
                    Highlights
                
                                Value-Add Deal with Immediate Upside - +/-28% Rental Upside Potential
                            
                                Supply-Constrained Signal Hill Location
                            
                                10.92 GRM on Current Rents - 7.35% Stabilized Cap Rate
                            
                                Six (6) Garages with ADU Conversion Opportunity (Potential for ~$65K Additional Annual Income)
                            
                                Updated Electrical Panels with New Exterior Paint

Amenities

24 Hour Access
Air Conditioning
Laundry Facilities
Walking/Biking Trails
Kitchen
Oven
Range
Tub/Shower
Storage Space
Office
Public Transportation
Walk-Up

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	7 min	-	2.9 mi
John Wayne/Orange County	28 min	-	19.9 mi
Los Angeles International	31 min	-	21.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Robert Stepp 310-463-2916 Stepp Commercial - KWPE

1825 Stanley Ave Signal Hill, CA 90755