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2348 Lemon Avenue

Signal Hill, CA 90755

– beds
– baths
– sqft
7,152 sqft lot
1963 build
– on site

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Rarely available 9 unit building located in Signal Hill on the south side, with views of the city, Queen Mary, & harbor from a few of the upper units. Great location that is minutes from downtown Long Beach, freeway access, and the beach. This property was built in the 1960s and features separately metered electric & gas, common laundry room, and the two front units have private balconies. The units are well laid out 2 bedroom 1 baths that each come with a 1 car garage. Plenty of room to raise rents, income is 25% or more under market.

Listed By CRMLS_CA / Christopher Stone / Buckingham Investments, Inc.

Last checked: Checking… • Last updated Apr 23, 2023 •

MLS# IN21221208 —

The Building

Year Built:

1963
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

7436.00
Building Area Units:

Square Feet
Total Number Of Units:

9
# of Buildings:

1
Common Walls:

2+ Common Walls
# of Separate Water Meters:

1
# of Separate Electric Meters:

10

Interior

Levels:

Three Or More
Fireplace:

Yes
Fireplace:

Bath
Laundry:

Common Area
Laundry:

1

Location

Directions:

North of 23rd St and south of Burnett St on Lemon Ave
Latitude:

33.79976900
Longitude:

-118.17817400

The Property

Property Type:

Residential Income
Zoning:

SHR2*
Lot Features:

Rectangular Lot
Lot Size Area:

7152.0000
Lot Size Acres:

0.1642
Lot Size SqFt:

7152.00
Lot Size Source:

Assessor
Exclusions:

tenant owned appliances
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5734.02
Tax Tract:

4
Tax Lot:

19

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7211020020

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Signal Hill (SH)
Subdivision:

Signal Hill (SH)
Features:

Sidewalks
Inclusions:

appliances owned by current owners
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

Yes
Assessments:

Special Assessments, Buyer to Verify

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

9.00
Garage Spaces:

9.00

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My Commute

From

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Sale history

Date	Event	Source	Price
4/29/22 Apr 29, 2022	Sold	CRMLS_CA	$2,995,000
2/14/22 Feb 14, 2022	Pending	CRMLS_CA	$2,995,000
11/26/21 Nov 26, 2021	Sold Subject To Contingencies	CRMLS_CA	$2,995,000

Multifamily Sold on 4/29/2022

$2,995,000

Listing provided by broker:

Christopher Stone

Buckingham Investments, Inc.

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Listing Courtesy of: CRMLS_CA and Buckingham Investments, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 17:35 on Dec 22.

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.

2348 Lemon Avenue

Signal Hill, CA 90755