1010 E 32nd, Signal Hill, CA 90755

$1,399,000

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List Price
$1,399,000
Status
ACTIVE
MLS#
IN26134272
Year Built
1963
Lot Size
4,490
Acres
0.10
Lot Location
Front Yard
Days on Market
34
Property Type
Multifamily
Style
Mid-Century Modern
Property Sub Type
Apartment

Property Description

Hold the presses! You have just found the Signal Hill fourplex every investor has been waiting for- a prime, income-producing asset with strong current rents, clear upside, and rare private garages. This well-kept property features four 2-bed, 1-bath units: two recently renovated lower units (A front and B rear), one original-condition upper front unit (C), and one upper rear unit (D) with an older renovation. The renovated rear first-floor unit B was just leased at $2,400/month, and the renovated front unit A is currently being offered at $2,400/month, demonstrating real, market-rate rent potential and immediate cash flow. Each unit includes one dedicated parking space plus its own private single-car garage, a high-value amenity that boosts tenant appeal and supports strong occupancy. The vacant lower front unit is perfect for showings, giving buyers a clear feel for the layout, natural light, and renovation quality without disturbing existing residents, while also providing a blueprint for future upgrades and additional rent growth. Ideally located in the heart of Signal Hill with convenient access to shopping, dining, services, Long Beach employment centers, and major freeways, this is the fourplex to circle, star, and move on quickly before it’s gone.

Additional Information

Appliances
Dishwasher, Free-Standing Range, Disposal, Range Hood
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Electric, Wall/Window Unit(s)
View
Courtyard, Neighborhood
Exterior Construction
Plaster, Stucco
Roof
Composition
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Laminate Counters
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$93,648
Operating Expense
15934

Listing courtesy of Listing Agent: David Shorter (david.shorter.mba@gmail.com) from Listing Office: David Shorter, Broker.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.