2720 E Wall Street, Signal Hill, California 90755, Signal Hill, 90755 - bed, bath

2720 E Wall Street, Signal Hill, California 90755 home-pic-0
ACTIVE UNDER CONTRACT$1,178,000
2720 E Wall Street, Signal Hill, California 90755
0Bed
0Bath
4,149Sqft
6,502Lot
Year Built
1960
Close
-
List price
$1.18M
Original List price
$1.5M
Price/Sqft
$284
HOA
-
Days on market
-
Sold On
-
MLS number
PW25153190
Home ConditionPoor
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros.

Welcome to 2720–2722 Wall Street in Signal Hill. This probate listing offers a unique investment opportunity with a single-family residence in the front and a four-unit apartment building in the rear, all situated on one parcel. The front home has traditional curb appeal but requires work throughout, making it an excellent project for renovation or redevelopment. Behind the house sits a four-unit structure that has not been accessed by the estate, so the condition of those units remains unknown. Parking is available both directly from Wall Street and from the alley behind the property, providing flexibility and convenience for residents. This is a rare chance to own a property with multiple income possibilities in Signal Hill. With improvements, the combination of a single-family home and four additional rental units creates strong potential for long-term income. As a probate sale, the property is being sold as-is and may be subject to court confirmation. 2720–2722 Wall Street presents an opportunity for investors, contractors, or buyers with vision to maximize value and reimagine the property in one of Signal Hill’s well-situated neighborhoods.

Price History

Date
Event
Price
10/17/25
Price Change
$1,178,000-21.5%
08/08/25
Listing
$1,500,000
Condition Rating
Poor

Built in 1960, this property is explicitly described as requiring 'work throughout' and is being sold 'as-is' as a probate sale. The single provided image of the exterior confirms significant deferred maintenance, including severely overgrown landscaping, a visibly worn and aged roof, and general neglect of the siding and windows. While no interior images are available, the overall condition and age strongly suggest that the kitchen, bathrooms, and all major systems (electrical, plumbing, HVAC) are original or very outdated and will require substantial repairs and rehabilitation to meet modern standards and ensure habitability. This aligns with the 'Poor' condition criteria.
Pros & Cons

Pros

Significant Income Potential: The property features a unique combination of a single-family residence and a four-unit apartment building on one parcel, offering substantial rental income opportunities.
Mixed-Use Investment Opportunity: Classified as 'Mixed Use,' this property is ideal for investors seeking diverse revenue streams from both single-family and multi-family rentals.
Flexible Parking Solutions: Ample parking is available from both Wall Street and an alley, providing convenience and accessibility for all residents.
Desirable Signal Hill Location: Situated in a 'well-situated neighborhood' in Signal Hill, offering potential for strong tenant demand and property value appreciation.
Recent Price Reduction: The list price has been significantly reduced from $1.5M to $1.178M, presenting a more attractive entry point for potential buyers and investors.

Cons

Extensive Renovation Required: The front single-family home 'requires work throughout,' indicating a need for significant capital investment and renovation efforts.
Unknown Condition of Multi-Unit Building: The condition of the four-unit apartment building is 'unknown' as it has not been accessed, posing a considerable risk and uncertainty regarding future repair costs and habitability.
Probate Sale & As-Is Condition: Being a probate sale, the property is sold 'as-is' and may be subject to court confirmation, implying no seller repairs, potential delays, and additional legal complexities for the buyer.

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