3370 3372 Lemon Avenue 2, Signal Hill, California 90755, Signal Hill, 90755 - bed, bath
ACTIVE$1,300,000
3370 3372 Lemon Avenue 2, Signal Hill, California 90755
0Bed
0Bath
2,435Sqft
6,378Lot
Year Built
1965
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$534
HOA
-
Days on market
-
Sold On
-
MLS number
PW25114195
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.30M(86th), sqft - 2435(71th), beds - undefined(50th), baths - undefined(50th).
Wonderful duplex in the heart of Signal Hill. Convenient location near shops, restaurant and easy freeway access. Excellent property for owner use of one unit or both and rent one out for extra income. Front unit is a spacious 3 bedrooms and 2 bathrooms, the back unit is a 2 bedrooms and 1 bathroom with 2-2 car garage at the bottom.
Condition Rating
Poor
Built in 1965, this property is nearly 60 years old. The listing explicitly notes a 'Lack of Modern Updates' and suggests units 'may be in original or dated condition,' requiring 'immediate buyer investment for cosmetic and functional improvements.' Without interior images, the age and lack of mentioned renovations strongly indicate that kitchens, bathrooms, and major systems are significantly outdated and would require substantial repairs and rehabilitation to meet current standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Income Potential & Flexibility: As a duplex, this property offers excellent versatility for an owner to occupy one unit and rent out the other for supplemental income, or to operate it as a full investment property.
Prime Location: Situated in the heart of Signal Hill, the property boasts a convenient location with easy access to shops, restaurants, and major freeways, enhancing its appeal to both owners and tenants.
Generous Parking: The inclusion of two separate 2-car garages provides ample and secure parking for both units, a significant advantage in urban areas and a strong draw for tenants.
Spacious Unit Configuration: The property features a desirable unit mix with a spacious 3-bedroom, 2-bathroom front unit and a 2-bedroom, 1-bathroom back unit, catering to a wide range of potential renters.
Good Lot Size: With a lot size of 6,378 sqft, the property offers more outdoor space than many urban duplexes, providing potential for landscaping, outdoor living, or future development (subject to zoning).
Cons
Age of Construction: Built in 1965, the property is nearly 60 years old, suggesting that major systems (plumbing, electrical, HVAC) and structural components may be original or nearing the end of their useful life, potentially requiring significant capital expenditures.
Lack of Modern Updates: The description does not mention any recent renovations or modern upgrades to the units, implying they may be in original or dated condition, which could necessitate immediate buyer investment for cosmetic and functional improvements.
Absence of Views: Explicitly stating 'view: None' is a notable drawback, especially in Signal Hill where many properties benefit from panoramic city or ocean views, potentially limiting its appeal to buyers prioritizing scenic vistas.