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$2,200,000

Est. payment - /mo

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0.31 Acres Lot

Active

1940 W Freeman AVE Signal Hill, CA 90755

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25572355

HOA Y/N No

Year Built 1972

Lot Size 0.310 Acres

Property Description

1940 Freeman Ave in Signal Hill is a 7,740 SF industrial building on a 13,502 SF lot just off PCH and Obispo, near Long Beach. The property was built for single tenant use and later subdivided into 2 units, with British American Motorcycles occupying appx. 60% of the space and Branch & O'Keefe Performance for Harleys occupying appx. 40% (plus appx 2,500 SF of mezzanine storage). This is an excellent value-add opportunity, as rents are significantly under market and the property has been in the same family for over 25 years. The existing leases expire March 2026, leaving multiple options for the Buyer. This could be a future owner-user space, and there is flexibility on how the building is subdivided, so the Buyer could occupy either unit with some reconfiguration, or occupy 100% in the future. There are 2 ground level roll-up doors and heavy power. There is also a large gated parking lot for parking and/or storage. A rare opportunity with stable tenants in an excellent location.

Location

State CA

County Los Angeles

Area 8 - Signal Hill

Zoning SHM1*

Interior

Heating None

Fireplace No

Laundry Inside

Exterior

Utilities Available Electricity Available

Roof Type Flat

Total Parking Spaces 6

Building

Water Public

Others

Tax ID 7217014013

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

Listed by Dana Coronado Compass

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