$1,875,000
$50K PRICE DROP

Estimated payment $12,259/month

Total Views 4,482
9 Beds
8 Baths
5,340 Sq Ft
$351 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Corner Lot
  • Wall Furnace
  • Alvarado Elementary Rated 9+
  • Park
  • 5-minute walk to Hillbrook Park

About This Home

Rare Hilltop Investment Opportunity in Signal Hill! This 5 unit multifamily property offers panoramic city views and an unprecedented value-add opportunity.
The property features five legal conforming units, including a spacious 3-bedroom, 2-bath penthouse with sweeping views, three 2-bedroom, 2-bath units, and one studio. The crown jewel penthouse is ideal for an owner-user looking to live on-site while rental income from the remaining units helps offset ownership costs.

Additional highlights include four attached garages, fresh exterior paint, updated interiors, and significant rental upside. Whether you're an investor or owner-user, 2699 E. 20th Street presents a rare opportunity to acquire a premier Signal Hill asset with immediate income, substantial upside, and the ability to reset rents from day one. Commercial financing or DSCR loan options apply.

Listing Agent

Jeff Anderson

eXp Realty of California Inc Brokerage Phone: 800-784-2616 License #01729514 Listed on: 08/21/2026

eXp Realty of California Inc

Co-Listing Agent

Juan Huizar

Sage Real Estate Group, Inc. Brokerage Phone: 800-784-2616 License #01417642

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 4,495 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Apartment
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 5,340 Sq Ft Home
  • 3-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Upper Level Bedrooms
  • 8 Full Bathrooms

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 5734
  • Assessor Parcel Number 7216002018
  • $1,510 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 5 Units
  • Signal Hill Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,929
  • Professional Management Expense $10,138
  • Water Sewer Expense $12,000
  • New Taxes Expense $24,978
  • Operating Expense $52,697
  • Gross Income $168,960
  • Net Operating Income $107,385

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

4,495 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 5.37
  • Professional Management Expense: 10138.00
  • Property Attached: Yes
  • Subdivision Name Other: Signal Hill (SH)
  • Water Sewer Expenses: 12000.00
  • Architectural Style: Traditional
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7216002018
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: OpenHouse

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 8
  • Total Bedrooms: 9
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 351.12
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Urban, Sidewalks, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, 0-1 Unit/Acre
  • Lot Size Sq Ft: 4495.00
  • Lot Size Acres: 0.1032

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 168960.00
  • Gross Multiplier: 12.46
  • Gross Operating Income: 160512.00
  • Gross Scheduled Income: 168960.00
  • Insurance Expense: 5929.00
  • Lot Size Area: 4495.0000 Square Feet
  • Net Operating Income: 107385.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 53127.00
  • Rent Control: Yes
  • Total Actual Rent: 9880.00
  • Total Expenses: 52697.00

Tax Info

  • New Taxes Expense: 24978.00
  • Tax Lot: 11
  • Tax Tract Number: 5734
  • TaxOtherAnnualAssessmentAmount: 1510.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $23,566 $1,736,321 $1,150,342 $585,979
2025 $23,566 $1,702,277 $1,127,787 $574,490
2024 $22,232 $1,668,900 $1,105,674 $563,226
2023 $21,869 $1,636,178 $1,083,995 $552,183
2022 $20,536 $1,602,940 $1,072,201 $530,739
2021 $20,128 $1,571,511 $1,051,178 $520,333
2020 $20,073 $1,555,398 $1,040,400 $514,998
2019 $19,849 $1,524,900 $1,020,000 $504,900
2018 $14,610 $1,100,000 $600,000 $500,000
2016 $13,033 $1,020,000 $471,000 $549,000
2015 $11,927 $950,000 $438,400 $511,600
2014 $12,071 $950,000 $438,400 $511,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2026 08/28/26 Price Changed $1,875,000 -6.3% $351 / Sq Ft
08/21/2026 08/21/26 Price Changed $2,000,000 +3.9% $375 / Sq Ft
08/21/2026 08/21/26 For Sale $1,925,000 +28.8% $360 / Sq Ft
01/19/2018 01/19/18 Sold $1,495,000 0.0% $280 / Sq Ft View Prior Sale
11/11/2017 11/11/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $1,495,000 -- $280 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- North American Title Company
Interfamily Deed Transfer -- North American Title Company
Grant Deed $1,495,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $1,300,000 Lawyers Title
Grant Deed $1,250,000 Alliance Title
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $775,000 Ticor Title Company
Grant Deed $550,000 Old Republic Title Company
Grant Deed $417,500 South Coast Title
Trustee Deed $400,000 American Title
Grant Deed -- --
Grant Deed -- --
Quit Claim Deed -- Commonwealth Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $999,950 New Conventional
Previous Owner $625,000 Adjustable Rate Mortgage/ARM
Previous Owner $750,000 Purchase Money Mortgage
Previous Owner $775,000 Purchase Money Mortgage
Previous Owner $620,000 Purchase Money Mortgage
Previous Owner $330,000 No Value Available
Previous Owner $292,250 No Value Available
Previous Owner $375,000 No Value Available
Closed $154,950 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26183641

California Regional Multiple Listing Service (CRMLS)

APN: 7216-002-018

Your Personal Tour Guide

Ask me questions while you tour the home.