
Signal Hill, California 90755
This property presents a High-Potential Investment Opportunity with a List Price of $1,350,000—positioned well below the $1,401,567 Fair Market Value by 3%. This valuation gap offers $51,567 in Instant Equity. Featuring a Fair Condition Rating with original 1989 finishes, the dual-residence layout on a corner lot provides significant rental income potential. With four garage spaces and a private patio, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating property in the Long Beach Unified district.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is in clean, functional condition but remains largely unrenovated. The kitchen features original oak cabinetry, dated tile countertops, and older black appliances. While the bathrooms have seen minor cosmetic refreshes (like painted vanities and updated fixtures in some areas), the overall aesthetic, popcorn ceilings, and original layout are dated and require modernization to meet current market standards.
The property features two separate homes on a single lot, providing an exceptional opportunity for rental income, multigenerational living, or an owner-user setup with added flexibility.
With a total of four garage spaces—including a rare three-car garage under the rear unit—this property offers extensive storage and parking options that are difficult to find in this market.
Situated on a corner lot, the property maximizes its space with a large grassy yard, private patio areas, and distinct separation between the two residences to maintain privacy.
Despite being located in Signal Hill, an area renowned for its vistas, this specific property is noted as having no views, which may impact its competitive appeal compared to neighboring hillside homes.
Accommodating two full residences and four garage spaces on a 6,266 sqft lot results in high density, which may limit the sense of expansive outdoor privacy typically expected at this price point.
A rare opportunity to own two homes on one lot in Signal Hill, offering an ideal setup for extended family, rental income, or an owner-occupant looking for added flexibility.The front home is spacious and inviting with four bedrooms and 2.5 bathrooms, a large living room, separate family room, formal dining area, and an attached one-car garage. The floor plan offers plenty of room to spread out, with multiple living spaces and abundant natural light throughout. Sliding doors open directly to the large backyard and patio area, creating an easy indoor-outdoor flow for entertaining, relaxing, or enjoying the Southern California weather.The rear home is situated above a three-car garage and features two bedrooms and two bathrooms. Its open living area feels especially spacious with vaulted ceilings, plenty of natural light, and sliding doors leading to a private balcony. The kitchen opens to the main living area, creating a comfortable and functional layout.Set on a corner lot, the property offers an impressive amount of outdoor space, including a large grassy yard, patio areas, and separation between the two residences. With a total of four garage spaces, this is a particularly hard-to-find property for buyers needing parking, storage, or additional flexibility.Conveniently located near Bixby Knolls shopping, restaurants, coffee shops, and everyday conveniences, this unique two-home property offers tremendous possibilities for multigenerational living,? or rental income?.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 5.0 | 3.2 |
| Square foot | 2,969 | 2,213 |
| Lot Size | 6,266 | 4,596.667 |
| Price | $1.35M | $1.22M |
| Price per sq ft | $455 | $581 |
| Built year | 1989 | 1971 |
| HOA | $0 | $158 |
| Days on market | 20 | 56 |
Aug 20, 2026
$1,350,000
Initial Listing
Sep 1, 1993
$265,000
Public Record