Value Add Multifamily Investment Opportunity in prime Signal Hill, CA. Market Cap Rate over 6%. The City of Signal Hill has No Municipal Rent Control. Market CAP over 6%, Low Tenant Rents Provide Significant Upside Opportunity. On-Site Rear Parking for Tenants and Opportunity to Create Onsite Coin Laundry. Close Proximity to highways and airports such as 405 (1.3 mi), LGB (3.2 mi), and LAX (19.7 mi). Coastal (3.0 mi) and Downtown (3.5 mi) Access. Centrally Located in Signal Hill. Walking Distance to Signal Hill Elementary & the Signal Hill Public Library & Close to Major Retailers like Costco (0.8 mi) and Home Depot (0.7 mi).
Value Add Multifamily Investment Opportunity in prime Signal Hill, CA. Market Cap Rate over 6%. The City of Signal Hill has No Municipal Rent Control. Market CAP over 6%, Low Tenant Rents Provide Significant Upside Opportunity. On-Site Rear Parking for Tenants and Opportunity to Create Onsite Coin Laundry. Close Proximity to highways and airports such as 405 (1.3 mi), LGB (3.2 mi), and LAX (19.7 mi). Coastal (3.0 mi) and Downtown (3.5 mi) Access. Centrally Located in Signal Hill. Walking Distance to Signal Hill Elementary & the Signal Hill Public Library & Close to Major Retailers like Costco (0.8 mi) and Home Depot (0.7 mi).