$1,875,000
$1,875,000
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4,495 Sqft Lot
SOLD DATE : 10/20/2026
Key Details
Sold Price $1,875,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Signal Hill (Sh)
MLS Listing ID PW26183641
Sold Date 10/20/26
HOA Y/N No
Year Built 1964
Lot Size 4,495 Sqft
Property Sub-Type Apartment
Property Description
Rare Hilltop Investment Opportunity in Signal Hill! This 5 unit multifamily property offers panoramic city views and an unprecedented value-add opportunity.
The property features five legal conforming units, including a spacious 3-bedroom, 2-bath penthouse with sweeping views, three 2-bedroom, 2-bath units, and one studio. The crown jewel penthouse is ideal for an owner-user looking to live on-site while rental income from the remaining units helps offset ownership costs.
Additional highlights include four attached garages, fresh exterior paint, updated interiors, and significant rental upside. Whether you're an investor or owner-user, 2699 E. 20th Street presents a rare opportunity to acquire a premier Signal Hill asset with immediate income, substantial upside, and the ability to reset rents from day one. Commercial financing or DSCR loan options apply.
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Interior
Interior Features All Bedrooms Up
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Common Area, Inside, See Remarks
Exterior
Parking Features Assigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Park, Sidewalks, Urban
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 7216002018
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Submit
Listing Terms Cash, Cash to New Loan, 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Trust
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Bought with Kristie Pabst Pabst, Kinney & Associates
Nearby Locations
3750 Schaufele Ave Suite 270, Beach, California 90808, United States