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2699 E 20th

Signal Hill, CA 90755
  • $1,875,000
  • STATUS: Active Under Contract
  • ON SITE: 54 Days
  • ID#: PW26183641
Under Contract
UPDATED: 70 min ago
$1,875,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Jeff Anderson of eXp Realty of California Inc (800-784-2616) and Juan Huizar of ()


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-15T21:32:27.663. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/180390424
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2699 E 20th Signal Hill, CA 90755

  • Price: $1,875,000
  • Status: Active Under Contract
  • On Site: 54 Days
  • Updated: 70 min ago
  • ID#: PW26183641
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1964
Built
Neighborhood:
Signal Hill (Sh)
County:
Los Angeles
Area:
8 - Signal Hill
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.
Exterior Features

Architectural Style Traditional Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/AcreCorner Lot Number Of Separate Electric Meters 4 Parking Features Assigned Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Up

Property Features

Additional Parcels YN No Cap Rate 5.37 Common Interest None Community Features CurbsParkSidewalksUrban Contingency A family member has the first right of refusal. Electric Expense 0 Exclusions Tenant belongings Fuel Expense 0 Garage YN Yes Gross Income 168960 Gross Scheduled Income 168960 Insurance Expense 5929 Land Lease YN No Laundry Features Common AreaInsideSee Remarks Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 ExchangeSubmit Net Operating Income 107385 New Construction YN No New Taxes Expense 24978 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 53127 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays Electricity Total Actual Rent 9880 Trash Expense 0 Vacancy Allowance 8448 Water Sewer Expense 12000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-15T21:32:27.663. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Jeff Anderson of eXp Realty of California Inc (800-784-2616) and Juan Huizar of ()