- Updated On:
- November 8, 2023
Welcome to an exceptional opportunity for business and development in the heart of Signal Hill, a thriving city known for its business-friendly environment. Situated conveniently near freeways, essential amenities, the port, and public transportation hubs, this property is a machinist’s dream and a potential goldmine for redevelopment. Signal Hill boasts the distinct advantage of being a business-friendly city, offering the lowest business taxes in all of LA County, along with the added benefit of no utility tax.
Location: Strategically positioned with easy access to major freeways, local amenities, the bustling port, and convenient public transportation options.
Business-Friendly City: Signal Hill’s reputation for business-friendliness includes no utility tax and the lowest business taxes in LA County, making it an attractive destination for entrepreneurs and investors.
Redevelopment Potential: This property offers a remarkable chance for redevelopment into a multi-family residential project. The current zoning designation is RH (high-density residential), opening doors to a range of possibilities. Interested parties are advised to verify zoning details with the city.
Versatile Space: Currently, the property features 6,741 sq ft of warehouse space, catering to light industrial needs.
Expansive Lot: Sitting on a generous .38-acre lot, there’s ample space for creative transformation and expansion.
Adjacent Opportunity: The property’s proximity to 1030 E Burnett presents a unique opportunity for joint acquisition, allowing for even greater potential.
Whether you’re an investor with an eye for development, a business owner seeking the perfect location, or a visionary ready to capitalize on this prime property, 2375 Lewis Ave holds the promise of a prosperous future. Don’t miss your chance to be a part of Signal Hill’s dynamic landscape. Contact us for more information and to explore the boundless possibilities this property offers.
- Principal and Interest
- Property Tax
- HOA fee