Rare Hilltop Investment Opportunity in Signal Hill! This 5 unit multifamily property offers panoramic city views and an unprecedented value-add opportunity.
The property features five legal conforming units, including a spacious 3-bedroom, 2-bath penthouse with sweeping views, three 2-bedroom, 2-bath units, and one studio. The crown jewel penthouse is ideal for an owner-user looking to live on-site while rental income from the remaining units helps offset ownership costs.
Additional highlights include four attached garages, fresh exterior paint, updated interiors, and significant rental upside. Whether you're an investor or owner-user, 2699 E. 20th Street presents a rare opportunity to acquire a premier Signal Hill asset with immediate income, substantial upside, and the ability to reset rents from day one. Commercial financing or DSCR loan options apply.
1 day
|
64
|
3
|
Zillow last checked:
Listing updated:
Listed by:
Jeff AndersonDRE #01729514800-784-2616,
eXp Realty of California Inc,
Juan HuizarDRE #01417642,
Sage Real Estate Group, Inc.
Source: CRMLS,MLS#: PW26183641Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 8
Rooms
Room types: Bedroom
Bedroom
Features: All Bedrooms Up
Heating
Wall Furnace
Cooling
None
Appliances
Laundry: Common Area, Inside, See Remarks
Features
All Bedrooms Up
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 5,340
Total interior livable area: 5,340 sqft
Property
Parking
Total spaces: 4
Parking features: Assigned
Garage spaces: 4
Features
Levels: Three Or More
Stories: 3
Entry location: 1
Pool features: None
Lot
Size: 4,495 Square Feet
Features: 0-1 Unit/Acre, Corner Lot
Details
Parcel number: 7216002018
Special conditions: Trust
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Roof: Shingle
Condition
New construction: No
Year built: 1964
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Curbs, Park, Sidewalks, Urban
Subdivision: Signal Hill (Sh)
Location
Region: Signal Hill
Financial & listing details
Price per square foot: $375/sqft
Tax assessed value: $1,736,321
Date on market: 8/21/2026
Listing terms: Cash,Cash to New Loan,1031 Exchange,Submit