2240 Walnut Ave Signal Hill, CA 90755
Estimated payment $5,343/month
Total Views
359
6
Beds
3
Baths
2,511
Sq Ft
$358
Price per Sq Ft
Highlights
- No HOA
- Laundry Room
- 4-minute walk to Signal Hill Park
- Long Beach Polytechnic High School Rated A
- 1-Story Property
About This Home
OPPORTUNITY TO RE-IMAGINE A TRIPLEX LOT IN A PRIME LOCATION IN SIGNAL HILL. This 5,131 square foot lot can accommodate the redevelopment or renovation of a triplex + ADU. The units are currently occupied. Located across the street from the highly-rated Signal Hill Elementary School with convenient access to the 405 Freeway. Only 4.8 miles from Belmont Shore, 3.3 miles from Long Beach Airport, and 3.5 miles from the Long Beach Aquarium of the Pacific. Operating expenses are unknown. Call the listing agent for clarity.
Listing Agent
Julian Nan Brokerage Email: julian.nan@delreyhousing.com License #01928893 Listed on: 08/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,983
Year Built
- Built in 1949
Lot Details
- 5,130 Sq Ft Lot
- Two or More Common Walls
- Density is 21-25 Units/Acre
Home Design
- Triplex
Interior Spaces
- 2,511 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 5675
- Assessor Parcel Number 7215008014
Community Details
Overview
- No Home Owners Association
- 3 Units
- Signal Hill Subdivision
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $64,200
- Net Operating Income $5,350
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,983 | $317,326 | $206,961 | $110,365 |
| 2024 | $4,983 | $311,104 | $202,903 | $108,201 |
| 2023 | $4,901 | $305,005 | $198,925 | $106,080 |
| 2022 | $4,637 | $299,025 | $195,025 | $104,000 |
| 2021 | $4,535 | $293,162 | $191,201 | $101,961 |
| 2020 | $4,521 | $290,157 | $189,241 | $100,916 |
| 2019 | $4,478 | $284,469 | $185,531 | $98,938 |
| 2018 | $4,300 | $278,893 | $181,894 | $96,999 |
| 2016 | $3,986 | $268,066 | $174,832 | $93,234 |
| 2015 | $3,857 | $264,040 | $172,206 | $91,834 |
| 2014 | $3,852 | $258,869 | $168,833 | $90,036 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $899,990 | -- | $358 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Westminster Title Co Inc | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | New Century Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $148,500 | New Conventional | |
| Closed | $525,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $470,000 | New Conventional | |
| Closed | $420,000 | Stand Alone First | |
| Closed | $324,500 | New Conventional |
Source: Public Records
Similar Homes in Signal Hill, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25178958
APN: 7215-008-014
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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