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1965 Saint Louis Ave 2 Unit Apartment Building $1,250,000 ($625,000/Unit) 3.65% Cap Rate Signal Hill, CA 90755
Executive Summary
Marcus & Millichap is pleased to present 1965 Saint Louis Avenue, located on the west side of Saint Louis Avenue, conveniently situated between East Pacific Coast Highway and East 20th Street in the City of Signal Hill, California. The two-story, two-unit multifamily property was originally built in 1991 and consists of approximately 2,982 square feet of building area on a 6,376 square foot parcel.
Property Facts Under Contract
| Price | $1,250,000 | Property Subtype | Apartment |
| Price Per Unit | $625,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 3.65% | Building Size | 2,982 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1991 |
| Zoning | SHR2* | ||
| Price | $1,250,000 |
| Price Per Unit | $625,000 |
| Sale Type | Investment |
| Cap Rate | 3.65% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,982 SF |
| No. Stories | 2 |
| Year Built | 1991 |
| Zoning | SHR2* |
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 7216-014-028 | Improvements Assessment | $306,814 |
| Land Assessment | $456,812 | Total Assessment | $763,626 |
Property Taxes
Parcel Number
7216-014-028
Land Assessment
$456,812
Improvements Assessment
$306,814
Total Assessment
$763,626
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1965 Saint Louis Ave
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