2225 Cherry Avenue,  Signal Hill CA, 90755 (Residential Income)

4,757 sqft
Status: Active
MLS#: PW16722419
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Last Updated: 12/5/2016 2:27 AM
Description for 2225 Cherry Avenue Signal Hill, CA 90755
We are pleased to present a high profile, mixed use property, that could be a potential development site. Currently there are two SFR homes with commercial space in one home with a a total of 4,757 square feet of useable space. Two large lots totaling 19,920 square feet zoned CR and RH which allows for a variety of development possibilities "by right". In particular, it may be developed for residential, retail, office or any combination. The property is situated with 180 degree views to Catalina & Palos Verdes and downtown Long Beach. 2- separate parcels must be sold together (apn 7215-003-051 & 052). This property development site has a prime Signal Hill location adjoining Long Beach which is currently experiencing an economic expansion.
Price
$1,399,000
Los Angeles
4,757 (approx)
PW16722419
Active
Description
We are pleased to present a high profile, mixed use property, that could be a potential development site. Currently there are two SFR homes with commercial space in one home with a a total of 4,757 square feet of useable space. Two large lots totaling 19,920 square feet zoned CR and RH which allows for a variety of development possibilities "by right". In particular, it may be developed for residential, retail, office or any combination. The property is situated with 180 degree views to Catalina & Palos Verdes and downtown Long Beach. 2- separate parcels must be sold together (apn 7215-003-051 & 052). This property development site has a prime Signal Hill location adjoining Long Beach which is currently experiencing an economic expansion.
Listing Information
Property Type: Cluster, Ranch, 3+ Story
0.22 Acres 996,100 sq.ft. 4,757 (approx)
$294.09 1921
Yes- 4 spaces Plaster, Stucco
Raised Foundation
2 Total
Neighborhood
Room Information
Walk-In Pantry
Gas Dryer Hookup, Hookups in Laundry Room
Interior Features
Dishwasher
Hardwood, Carpet Wall to Wall, Ceramic Tile
Central Air
Floor Furnace
Living Room, Gas Burning
Alarm -Smoke/Fire,
Foyer Entry
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Driveway
Stucco, Plaster
Balcony
None
No Pool
City, Panoramic, Catalina Island View
SHCO*
Wrought Iron
Sidewalks, Street Lights, Sliding Glass Door, Two On a Lot, Urban, Storm drains
Driving Directions
North of Hill South of Willow
Financial Considerations
7215003051
$72,000 Income ,$18,000Expense
Listing Price History

Signal Hill Real Estate

Signal Hill is located in California. Signal Hill, California 90755 has a population of 10,963.

The median household income in Signal Hill, California 90755 is $65,741. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Signal Hill 90755 is 37.3 years.

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Courtesy: Coldwell Banker Commercial George Bustamante
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Information is deemed reliable but is not guaranteed.

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