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1450-1464 E 29th St 3,352 SF Flex Condo Unit Offered at $1,050,000 in Signal Hill, CA 90755
Executive Summary
This Signal Hill condominium presents an investment opportunity, offered at $313 PSF with a 5.4% cap rate and current NOI of $56,588. The property is fully leased to a credit-worthy tenant under a lease structure featuring 4% annual rent increases through September 30, 2032, providing predictable, growing cash flow throughout the hold period.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.40% |
| Sale Type | Investment |
| Cap Rate | 5.40% |
Description
- Signal Hill Industrial Condo For Sale
- 12’ x 14’ Ground Level Door with Small Private/ Fenced Yard
- Bonus Mezzanine Not Counted in Square Footage
- 400 Amps, 277/480Volts, 3 Phase
Part of Larger Multi Tenant Industrial Condo Property
Sale Notes
Investment Sale- In place Lease with a creditworthy tenant through 9/30/32
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1464 | 3,352 SF | Flex | $1,050,000 ($313.25/SF) | $56,700 |
Unit 1464
| Unit Size |
| 3,352 SF |
| Condo Use |
| Flex |
| Price |
| $1,050,000 ($313.25/SF) |
| NOI |
| $56,700 |
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Unit 1464
| Unit Size | 3,352 SF |
| Condo Use | Flex |
| Price | $1,050,000 ($313.25/SF) |
| NOI | $56,700 |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| Description | |
| <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> Signal Hill Industrial Condo For Sale<br> </li><li> 12’ x 14’ Ground Level Door with Small Private/ Fenced Yard<br> </li><li> Bonus Mezzanine Not Counted in Square Footage<br> </li><li> 400 Amps, 277/480Volts, 3 Phase<br> Part of Larger Multi Tenant Industrial Condo Property</li></ul> | |
| Sale Notes | |
| Investment Sale- In place Lease with a creditworthy tenant through 9/30/32</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 30,901 SF | Typical Floor Size | 29,356 SF |
| Property Type | Flex (Condo) | Year Built | 1983 |
| Property Subtype | Flex Research & Development | Lot Size | 1.34 AC |
| Building Class | C | Parking Ratio | 0.55/1,000 SF |
| Floors | 1 | ||
| Zoning | SHGI - General Industrial Use | ||
| Total Building Size | 30,901 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Flex Research & Development |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 29,356 SF |
| Year Built | 1983 |
| Lot Size | 1.34 AC |
| Parking Ratio | 0.55/1,000 SF |
| Zoning | SHGI - General Industrial Use |
Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Signage
- Wheelchair Accessible
- Smoke Detector
Utilities
- Lighting
- Water
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
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