$ 2,200,000
-
$2,200,000
Price -
0
Bed - Bath
-
7,740
SqFt
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About the Listing CLW-X8146116 - CLW-X89926
1940 Freeman Ave in Signal Hill is a 7,740 SF industrial building on a 13,502 SF lot just off PCH and Obispo, near Long Beach. The property was built for single tenant use and later subdivided into 2 units, with British American Motorcycles occupying appx. 60% of the space and Branch & O'Keefe Performance for Harleys occupying appx. 40% (plus appx 2,500 SF of mezzanine storage). This is an excellent value-add opportunity, as rents are significantly under market and the property has been in the same family for over 25 years. The existing leases expire March 2026, leaving multiple options for the Buyer. This could be a future owner-user space, and there is flexibility on how the building is subdivided, so the Buyer could occupy either unit with some reconfiguration, or occupy 100% in the future. There are 2 ground level roll-up doors and heavy power. There is also a large gated parking lot for parking and/or storage. A rare opportunity with stable tenants in an excellent location.
Listing Highlights for 1940 W Freeman Ave
Status
Active With Contingency
Days on Site
86
Property Type
Commercial Sale
MLS ®
25572355
Year Built
1972
Total Square Footage
7,740
Lot/Acreage
N/A
County
Los Angeles
Area
8 - Signal Hill
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: SHM1*
- Roof: Flat
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7217014013
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1940 W Freeman Ave Signal Hill, CA 90755
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