1901 Obispo AveSignal Hill, CA 90755

Property Details for 1901 Obispo Ave

Year built

1979

Construction

TILT-UP CONCRETE

Lot size

0.89 AC

Property size (Sq ft)

20,048 SF

Zone code

SHM1*

Property type

Retail properties

Property subtype

Other individual retail properties

APN

7217-014-034

APU

7217014034

Description

This exceptional 20,240-square-foot industrial warehouse, situated on a 0.89-acre lot in Signal Hill, California, presents a unique investment opportunity. Built in 1980 and renovated in 2019, the property boasts a single-story, Class B building with a 24-foot ceiling height. The warehouse features 48 total parking spaces and is conveniently located near the Pacific Coast Highway (PCH) and the 405 Freeway, offering excellent accessibility. The property's zoning is Industrial, and its APN is 7217-014-034. With 800 amps of power, the space is adaptable to various uses. The building has a 100-foot frontage on Obispo Avenue. The property taxes are $0.15 per square foot. While it previously served as a gymnastics facility and later a phone hub, the existing office cubicles can remain, offering flexibility for future tenants. The entire 20,240 square feet is currently vacant. The address is 1901 Obispo Ave, Signal Hill, CA 90755. There are no loading docks or dock-high doors.

• CAP approach

  CAP return

  Valuation

  6%

  $7,261,507

  6.5%

  $6,702,930

  7%

  $6,224,148

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,115,176

  Geo Method

  $16,115,176

• Alternative Use

  Use

  Valuation

  Residential

  $5,654,172

  Hospitality

  $5,179,191

  Educational

  $4,309,026

  Medical

  $4,457,220

  Retail

  $6,702,930

Location Insight

City

Signal Hill

County

Los Angeles

State

California

Latitude

33.7921

Longitude

-118.155

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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