1825 E Hill St, Signal Hill, CA 90755

Property Description

*5.6% Cap Rate* RARE opportunity to own this corner lot duplex with incredible views of downtown Long Beach and San Pedro harbour in one of Signal Hills up and coming areas! The first unit consists of a 2 bed,1 bath, with a den/office and has an abundance of natural light as well as a large living space. Another possibility would be to convert the downstairs den (444 sqft) into a studio apartment since there is direct access to the den from the outside. This studio already has an existing kitchen, shower, and bathroom. Title currently has the property listed as a triplex although it is being used as a duplex. The second unit is a large one bedroom one bathroom apartment. Fabulous location as you are across the street from City Hall, the brand new library, and Rec Center. Also you are minutes away from the beach, Mother's Market, great dining & entertainment, brand new shopping centers and much more. A great investment opportunity to get in early on a vastly growing area of Signal Hill. FYI the seller also owns the property next door and is willing to sell both properties as a bundled deal. You could have a 12,000 sqft corner lot to develop or combine together as a once in a lifetime rare and unique investment opportunity.