2540 Palm DrSignal Hill, CA 90755

  • Warehouses
  • 14,031 SF

Property Details for 2540 Palm Dr

Year built
1990
Construction
TILT-UP CONCRETE
Lot size
0.62 AC
Property size (Sq ft)
14,031 SF
Zone code
SHM2*
Property type
Warehouses
APN
7217-002-064
APU
7217002064

Description

This 14,031-square-foot warehouse at 2540 N Palm Dr., Signal Hill, CA 90755, offers a unique opportunity. Built in 1990, this single-tenant property boasts a 21-foot ceiling height and ample parking with 36 spaces. The building features a versatile layout

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,570,670
    6.5%
    $6,988,310
    7%
    $6,489,150
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,160,970
    Geo Method
    $7,160,970
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $3,609,470
    Mixed-Use / Specialty
    $3,617,010
    Hospitality / Lodging
    $2,680,260
    Office
    $3,616,780
    Institutional / Educational
    $3,767,530
    Residential Income
    $4,408,010
    Multifamily
    $5,173,580
    Automotive / Energy
    $3,229,310
    Parking / Income-Based Land
    $1,094,230
    Restaurant / Food Service
    $1,924,800
    Healthcare / Senior Housing
    $3,688,250

Location Insight

City
Signal Hill
County
Los Angeles
State
California
Latitude
33.8028
Longitude
-118.155
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$49,590
$1,485,691
$2,228,536
$3,714,227
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FAQs

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