
Signal Hill, California 90755
This Value-Add Triplex Asset is listed at $1,125,000, positioned competitively near its $1,100,241 Fair Market Value. Currently holding a Fair Condition Rating, the property features a unique three-level configuration that grants each unit a private floor, a brick patio, and panoramic city light views. With one unit undergoing repairs, there is an immediate opportunity to optimize rental income and realize a higher ROI through strategic updates. Located in the scenic Signal Hill area, this is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants looking for a high-potential house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1830 Stanley Avenue Subject | $1,125,000* List Price | 0 | 0 | 2,202 | $500 | - |
A 2240 Walnut Avenue Active Under Contract | $899,990 List Price | 0 | 0 | 2,511 | $358 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, this triplex shows signs of age consistent with a 'fair' rating, including weathered exterior wood trim and the use of window AC units rather than central HVAC. The listing description explicitly states that one unit is currently undergoing repairs, indicating it is not in turn-key condition. While the outdoor brick patio is well-maintained, the absence of interior kitchen and bathroom photos, combined with the property's age, suggests that these areas likely feature dated styles and components requiring modernization.
The rare three-level triplex configuration provides each unit with its own dedicated floor, offering a level of seclusion and a 'townhouse' feel that is highly desirable for tenants.
Positioned in the scenic Signal Hill area, the property features stunning panoramic views of city lights and lush greenery, significantly enhancing its market appeal and rental value.
With one unit currently vacant and undergoing repairs, a new owner has the immediate opportunity to set market-rate rents or occupy a refreshed unit as an owner-user.
Built in 1942, the property may require more intensive maintenance or upgrades to aging systems compared to modern multi-family constructions.
The property is not in fully turn-key condition, as evidenced by ongoing repairs in the vacant unit, which may necessitate additional immediate capital investment from the buyer.
Experience the rare charm of a family property that feels like three private homes. This unique three-level residence offers the privacy and layout of a luxury townhouse. Each unit occupies its own dedicated level, providing quiet seclusion and stunning vistas. Framed by beautiful shade trees that offer a cool, tranquil breeze, this property is a serene escape from the everyday word. Signal Hill offers a blend of scenic outdoor spaces, modern public facilities, and convenient urban services. There are beautiful parks with walking and hiking paths. The Signal Hill Public Library offers programs for all ages. The city provides senior excursions, youth sports, and a Dial-A-Lift transportation service for eligible residents. Events: Regular community gatherings such as “Concerts in the Park” during the summer and various holiday festivals. A diverse mix of dining options are available along with many shopping areas, featuring several “big box” retailers (including Costco and Home Depot) alongside unique local shops and an antique mall. One unit being repaired for more income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,202 | 2,726 | 25% |
| Lot Size | 6,450 | 6,421.5 | 50% |
| Price | $1.12M | $1.09M | 50% |
| Price per sq ft | $511 | $387 | 75% |
| Built year | 1942 | 1968 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 118 | 25% |
Mar 27, 2026
$1,125,000
Initial Listing
Jun 22, 2001
$302,000
Public Record