1842 Temple Avenue, Signal Hill, California 90755, Signal Hill, 90755 - 3 bed, 3 bath

1842 Temple Avenue
Signal Hill, California 90755
Property Price
SUMMARY
Analysis of 1842 Temple Avenue, Signal Hill, California 90755 is currently available with a list price of $1,185,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Signal Hill Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite its 1926 build date, this triplex is in good condition due to meticulous long-term maintenance and significant system updates, including newer roofs, updated plumbing, and fresh exterior paint. The interiors are move-in ready with updated flooring and clean, functional kitchens and bathrooms. While the aesthetic remains vintage with older tile countertops and standard appliances, the property is described as turnkey with no immediate renovation required, and major systems are within their functional lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- Freestanding Unit Configuration
The property features three detached Craftsman homes on a single lot, offering tenants superior privacy and a single-family residential feel that typically commands higher rental interest than traditional shared-wall apartments.
- Meticulous Long-Term Maintenance
Under the same family ownership since 2002, the property boasts significant recent capital improvements including newer roofs, updated plumbing, and fresh exterior paint, reducing the need for immediate post-acquisition investment.
- Stable Income & Prime Location
Currently fully occupied by long-term tenants and situated just one block from Pacific Coast Highway, the property offers immediate cash flow in a high-demand rental market near Long Beach City College and the marina.
CONSRISKS & DEFICIENCIES
- Shared Water Metering
While gas and electricity are individually metered, the water utility is shared across all units, which can complicate expense allocation and increase the owner's monthly operating overhead.
- Inconsistent Climate Control
The cooling and heating systems are not uniform across the property; two units still rely on older wall heaters and window A/C units, which may be less energy-efficient and less desirable for future premium tenants.
About 1842 Temple Avenue
CALLING ALL INVESTORS & CRAFTSMAN LOVERS - Turnkey Craftsman Triplex- Owned and carefully maintained by the same family since 2002, this fully occupied triplex presents a rare opportunity to acquire three freestanding 1926 Craftsman homes on one lot. Each one-bedroom, one-bath residence retains its architectural charm while offering practical updates and reliable rental income from long-term tenants. All three homes include defined living and dining areas, private laundry rooms, full kitchens with gas stoves and refrigerators, and off-street parking. The rear unit features an enclosed patio and a one-car attached garage. Recent improvements include exterior paint, refreshed landscaping, a refinished driveway, newer roofs, updated plumbing, and individual water heaters for each unit. One unit is equipped with a newer mini-split system, while the other two have wall heaters and window A/C units. Gas and electric are individually metered; water is shared. Ideally located one block from Pacific Coast Highway, approximately one mile from Long Beach City College, and about four miles from the marina, the property benefits from consistent rental demand in a highly accessible coastal setting. A well-maintained, income-producing asset offering stable in-place returns with long-term appreciation potential.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1926
- Lot Size
- 6,251 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | - | 67% |
| Baths | 3.0 | - | 83% |
| Square foot | 1,674 | 1,977 | 50% |
| Lot Size | 6,251 | 6,425.5 | 33% |
| Price | $1.19M | $1.02M | 67% |
| Price per sq ft | $708 | $553 | 83% |
| Built year | 1926 | 1956 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 165 | 17% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,185,000
Initial Listing
Sold
Oct 25, 2002
$330,000
Public Record
Sold
Feb 22, 2002
$279,000
Public Record





































