3342 Lewis Avenue, Signal Hill, California 90755, Signal Hill, 90755 - bed, bath

3342 Lewis Avenue, Signal Hill, California 90755 home-pic-0
ACTIVE$1,075,000
3342 Lewis Avenue, Signal Hill, California 90755
0Bed
0Bath
2,591Sqft
6,378Lot
Year Built
1947
Close
-
List price
$1.07M
Original List price
$1.07M
Price/Sqft
$415
HOA
-
Days on market
-
Sold On
-
MLS number
PW24232411
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.07M(71th), sqft - 2591(71th), beds - undefined(50th), baths - undefined(50th).

This beautiful home is located in the highly desirable city of Signal Hill. You will find quietly tucked away this charming Bungalow incredibly maintained duplex .This great size three bedroom one bath with a nice size Den and office is probably the best income producing property you will come across, the main home has everything that you need including upgraded appliances and amazing hardwood floors. Whats probably the best part of this home is the two units in the back, one being a large one bedroom open floor plan and walk in closet and the second perspective Adu is a great economic one bedroom that perspective tenants will literally fight over. This California heights adjacent property is consistently under high demand with college students and young Professionals. For any investor looking for success, 3342 Lewis Ave affords you the opportunity to acquire an investment property in this exciting Market with upward growth in value for years to come.

Condition Rating
Fair

The property was built in 1947. While the listing mentions upgraded appliances and hardwood floors, the kitchen and bathroom styles appear dated. The kitchen features older cabinetry and tile countertops. The bathroom has been updated with a glass shower door, but the vanity and tile work are not modern. The property appears to be maintained but requires some updates to meet current standards.
Pros & Cons

Pros

Income Potential: The property features a main house plus two additional rental units (ADUs), providing a strong income-generating opportunity.
Desirable Location: Located in the highly desirable city of Signal Hill, adjacent to California Heights, known for its consistent demand from college students and young professionals.
Well-Maintained: The charming bungalow is incredibly well-maintained, suggesting pride of ownership and potentially lower maintenance costs.
Upgraded Appliances: The main home includes upgraded appliances, adding value and appeal to potential tenants or owner-occupants.
Hardwood Floors: The presence of amazing hardwood floors in the main home adds character and value.

Cons

Year Built: Built in 1947, the property may require updates to meet modern standards and preferences.
Limited Bathrooms: The main house has only one bathroom for three bedrooms, which might be a drawback for some tenants or buyers.
Lot Size: The lot size of 6,378 sqft is relatively small, potentially limiting outdoor space and expansion possibilities.

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