1024 E Nevada Street
Signal Hill, CA, 90755 $ 2,000,000
Bedrooms-- Baths1.0 Sq 4,240 Monthly Estimate*
$ 12,628
Listed by Circle Real Estate
for $2,000,000 with 1 full bath. This 4,240 square foot building was built in 1957 on a lot size of 0.2801.
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.
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FeaturesGeneralRoof Mixed
Zoning Light Industrial
Construction Materials Frame
Exclusions Businesses and tenant possessions
Year Built 1957
Property Subtype Mixed Use
Business Type Auto Body Auto Repair-Specialty Industrial Special Use Variety
County Los Angeles
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Corner property - Nevada to Burnett along Lewis.
City Signal Hill
Open Parking Spaces 15
Number Of Units Total 4
MLS Area 8 - Signal Hill
Lot Size Units Square Feet
Lot Size Square Feet 12202
Number of Units Leased 4
Listing Terms Cash Cash to New Loan Owner May Carry
Additional Parcels Y/N false
Lease Considered Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Mixed Use
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InteriorTotal Stories 1
Laundry Features None
Entry Level 1
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ExteriorFencing Chain Link Wrought Iron
Lot Features Corner Lot Near Public Transit Rectangular Lot
Water Source Public
Total Parking 15
Lot Size Area 12202
Number of Buildings 4
Building Area Total 4240
Lot Size Acres 0.2801
Lot Size Source Assessor
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* Excluded FeaturesList ByBrokerRichard@GMail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,628
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Signal Hill, CA
Average List Price $1,652,857
Percent of Sale Price 17%
About Signal Hill, CA 12,330 Population
34% Since 2002
$ 71,870 Median Income
38.3 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/11/2026 | $2,000,000 | | Listed Price |