2661 Lime Avenue, Signal Hill, California 90755, Signal Hill, 90755 - 0 bed, 0 bath
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Signal Hill, California 90755
This Multi-Family Investment Asset is listed at $1,450,000, positioned accurately alongside its $1,439,884 Fair Market Value. Maintained with pride for nearly 40 years, this Quadruplex carries a Fair Condition Rating, signaling a prime opportunity for forced appreciation through interior updates to its 1947 infrastructure. The property offers exceptional Investment Scalability, as the adjacent identical fourplex is also available to create a rare 8-unit Signal Hill Portfolio. This stable, high-demand asset is a strategic choice for Buy-and-Hold Investors or Portfolio Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2661 Lime Avenue Subject | $1,249,000* List Price | 0 | 0 | 3,108 | $415 | - |
A 2669 Lime Active | $1,249,000 List Price | 0 | 0 | 3,182 | $393 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1947-built quadruplex is well-maintained and shows clear pride of ownership in its exterior upkeep and landscaping. However, given its age and the lack of interior photos, the property likely features dated kitchens, bathrooms, and systems. It fits the 'fair' criteria as an aged property that has been maintained through regular upkeep but lacks the modern renovations required for a higher score.
The rare opportunity to purchase the adjacent identical fourplex allows an investor to acquire eight units total, providing significant portfolio growth and improved management efficiency.
Held by the same owner for nearly 40 years and described as well-taken care of, the property suggests a history of consistent maintenance and stable management.
Situated in Signal Hill, the property is located in a high-demand rental market known for its central location, unique geography, and proximity to major employment hubs.
Built in 1947, the property may require updates to aging systems such as plumbing and electrical to meet modern standards and reduce long-term operating costs.
The central yard area is shared with the neighboring fourplex, which could create management complexities or privacy concerns for tenants if the properties are sold to different owners.
Well-taken care of Signal Hill Pride of Ownership Property 4plex for sale after almost 40 years. This fourplex is for sale, along with the very similar fourplex next door at 2669 Lime Avenue, that seem to share a central yard area. Both 4plexes can be purchased for $2,900,000, or $1,450,000 per side.
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 | 3,108 | 3,140 | 50% |
| Lot Size | 6,056 | 6,377 | 25% |
| Price | $1.25M | $1.13M | 75% |
| Price per sq ft | $402 | $356 | 50% |
| Built year | 1947 | 1968 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 118 | 25% |
Apr 14, 2026
$1,249,000
$1,450,000
-14% Price Drop
Initial Listing
Mar 30, 2026
$1,450,000
Initial Listing