
Signal Hill, California 90755
This Signal Hill Quadruplex represents a stable multi-family asset with a List Price of $1,450,000—positioned below the $1,460,357 Fair Market Value by 1%. This valuation provides $10,357 in Instant Equity. Maintained with a Fair Condition Rating and "pride of ownership" for 40 years, the property offers significant Portfolio Scalability via the adjacent identical fourplex. Located in a high-demand rental market with vintage infrastructure ready for modernization, this value-add acquisition is ideal for Buy-and-Hold Investors or Portfolio Managers seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2669 Lime Subject | $1,249,000* List Price | 0 | 0 | 3,182 | $413 | - |
A 2661 Lime Avenue Active | $1,249,000 List Price | 0 | 0 | 3,108 | $402 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1946 build that demonstrates 'pride of ownership' through its tidy exterior and landscaping. While the listing describes it as meticulously cared for, the lack of interior photos and the mention of 'vintage infrastructure' suggest that the kitchen, bathrooms, and major systems are likely functional but dated. It fits the 'fair' criteria as an aged property that has been maintained through regular upkeep rather than a recent comprehensive renovation.
The property has been meticulously maintained by the same owner for nearly 40 years, indicating a high level of care and long-term stability that is rare for multi-family investments.
The unique opportunity to purchase the adjacent identical fourplex allows an investor to acquire eight units total, providing significant management efficiencies and a larger footprint in a prime area.
Situated in the sought-after Signal Hill enclave, the property benefits from a high-demand rental market and a central location within the Los Angeles/Long Beach metropolitan area.
Built in 1946, the property may require ongoing capital improvements or upgrades to aging systems such as plumbing and electrical to meet modern tenant expectations.
The central yard area appears to be shared with the neighboring property, which could complicate management, privacy, and liability if the two buildings are owned by different parties.
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 2661 Lime Avenue, which seems 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 | 3,182 | 3,177 | 50% |
| Lot Size | 6,251 | 6,377 | 25% |
| Price | $1.25M | $1.13M | 75% |
| Price per sq ft | $393 | $352 | 50% |
| Built year | 1946 | 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 31, 2026
$1,450,000
Initial Listing
Mar 30, 2026
$145,000
Initial Listing