California / Signal Hill / 90755 / 2248 Walnut Avenue

2248 Walnut Avenue

Q: What is the asking price for 2248 Walnut Avenue in Signal Hill?

The asking price for 2248 Walnut Avenue is $1,249,900

Q: What is the building size of this Multifamily property in Signal Hill, CA?

The size of the building/unit at 2248 Walnut Avenue in Signal Hill is 3,666 square feet.

Q: How much land does the Signal Hill, CA property at 2248 Walnut Avenue include?

2248 Walnut Avenue in Signal Hill includes 0.118 acres of land.

Q: What is the population within 1 mile of 2248 Walnut Avenue?

The population within 1 mile of 2248 Walnut Avenue Signal Hill, CA 90755 is 35,465 people.

Q: Who do I contact for questions about 2248 Walnut Avenue?

You should contact the listing agent, Gilbert Gutierrez, for any details regarding this commercial listing.

Signal Hill, CA 90755

Listing ID: 286212

Print Single-Page Version

2248 Walnut Avenue | for Sale | Thumbnail 1

2248 Walnut Avenue | for Sale | Thumbnail 2

2248 Walnut Avenue | for Sale | Thumbnail 3

2248 Walnut Avenue | for Sale | Thumbnail 4

2248 Walnut Avenue | for Sale | Thumbnail 5

2248 Walnut Avenue | for Sale | Thumbnail 6

2248 Walnut Avenue | for Sale | Thumbnail 7

Building Size: 3,666 SF

Lot Size: 0.118 AC

Land Size: 5,127 SF

Building $/SF: $243.79

Land $/SF: $340.94

Price

$1,249,900

Property Highlights

City of Signal Hill has No Municipal Rent Control

Value Add Opportunity, 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 Down

Centrally Located in Signal Hill. Walking Distance to Signal Hill Elementary the Signal Hill Public Library Close to

Description

Value Add Multifamily Investment Opportunity in prime Signal Hill, CA. Market Cap Rate over 6%.

Traffic Counts

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Long Beach History of Multifamily Housing for Sale

Loan and Amortization Calculator

Listing Price

Down Payment

Loan Amount:

Interest Rate:

Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 2248 Walnut Avenue Signal Hill, CA 90755

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		35,465	308,210	566,648
Population Median Age		34	37	38
Population by Age	0-9 Yrs	5437 (15%)	36828 (11%)	67075 (11%)
	10-19 Yrs	4734 (13%)	35150 (11%)	65089 (11%)
	20-29 Yrs	6073 (17%)	54693 (17%)	91340 (16%)
	30-39 Yrs	5621 (15%)	51321 (16%)	89282 (15%)
	40-49 Yrs	4216 (11%)	40846 (13%)	76039 (13%)
	50-59 Yrs	4391 (12%)	39610 (12%)	75589 (13%)
	60-69 Yrs	2973 (8%)	28249 (9%)	56710 (10%)
	70+ Yrs	2020 (5%)	21512 (6%)	45522 (8%)

Median HH Income		$51,502	$60,514	$70,698
Total Household Income	< 24K	2590 (23%)	23416 (19%)	34739 (16%)
	25-49K	2854 (25%)	25460 (21%)	40162 (19%)
	50-74K	2276 (20%)	21299 (18%)	36304 (17%)
	75-99K	1113 (9%)	15176 (12%)	28792 (13%)
	100-199K	1722 (15%)	24447 (20%)	51809 (24%)
	200K+	663 (5%)	7844 (6%)	19293 (9%)

Highest Education Level	No Diploma	7580	44000	67690
	Diploma or GED	3650	35005	67563
	Some College	4712	47996	91128
	Assoc. Degree	1260	15145	31546
	Bachelors Degree	3662	45136	86472
	Higher Degree	1393	24336	50017

Total Housing Units		11,810	125,490	224,126
--Owner-Occupied		3,787	37,998	91,240
--Renter-Occupied		7,432	79,643	119,859
Owner-Occupied Values	< 100K	74	599	2743
	100-199K	87	674	1736
	200-299K	336	2328	4070
	300-399K	951	6334	12005
	400-499K	1029	7571	15588
	500K+	1309	20492	55099

Total Working Age Population		27,087	250,358	461,093
In Work Force		17,009	167,421	306,780
Not In Work Force		10,078	82,936	154,312
Workforce Employed		15,744	157,926	289,664
Workforce Unemployed		1,224	9,333	16,768
Civlian Workforce		16,968	167,259	306,432
Military Workforce		41	163	348

Total Households		11,218	117,641	211,099
Family Households		7,432	63,329	123,266
Non-Family Households		3,786	54,312	87,833
Married Couple		4,036	39,570	82,567
Other Family		3,397	23,758	40,699
Married w/Child		1,935	16,332	33,443
Single Male w/Child		377	3,273	5,298
Single Female w/Child		1,246	8,602	14,167

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Los Angeles County	9,519,338	+3	9,818,605	+6	10,369,367	+4	10,759,850
Orange County	2,846,289	+6	3,010,232	+8	3,257,087	+5	3,431,096

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 2248 Walnut Avenue in Signal Hill?

The asking price for 2248 Walnut Avenue is $1,249,900

What is the building size of this Multifamily property in Signal Hill, CA?

The size of the building/unit at 2248 Walnut Avenue in Signal Hill is 3,666 square feet

How much land does the Signal Hill, CA property at 2248 Walnut Avenue include?

2248 Walnut Avenue in Signal Hill includes 0.118 acres of land

What is the population within 1 mile of 2248 Walnut Avenue in Signal Hill?

The population within 1 mile of 2248 Walnut Avenue Signal Hill, CA 90755 is 35,465 people.

Who do I contact for questions about 2248 Walnut Avenue?

You should contact the listing agent, Gilbert Gutierrez, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
3819 2nd Street, Long Beach, CA	$7,000,000	14150	0.17
5260 Orange Avenue, Long Beach, CA	$1,700,000	6693	0.32
735 West 2nd Street, Los Angeles, CA	$1,495,000	5132	0.14
5651 Lincoln Avenue, Cypress, CA	$7,280,000	37404	-
16682 Blanton Lane, Huntington Beach, CA	$1,650,000	3455	0.2
254 East Lanzit Avenue, Los Angeles, CA	$1,499,000	5600	0.24
2728 Willow Place, South Gate, CA	$1,160,000	2904	0.25
9515 Compton Avenue, Los Angeles, CA	$599,000	2692	0.22
424 West 108th Street, Los Angeles, CA	$599,000	3992	0.12
4345 Florence Avenue, Bell, CA	$650,000	1152	0.14