2248 Walnut Ave, Signal Hill, CA 90755

Centrally Located in Signal Hill. Walking Distance to Signal Hill Elementary & the Signal Hill Public Library. Signal Hill has a rich and colorful history. Most famous for the discovery of oil in 1921, and commonly known as an "oil town," the City is now a diverse community with an "oil history" and a bright future. Completely surrounded by the City of Long Beach, the city provides an attractive location because of accessibility to Freeways, Airports, Downtown Long Beach, and Coastal Beaches. The Port of Long Beach is the premier U.S. gateway for trans-Pacific trade . As the second-busiest container seaport in the United States, the Port handles trade valued at $170 billion annually and supports 2.6 million jobs across the nation, more than 575,000 in Southern California, and more than 50,000 jobs – or 1 in 5 – in Long Beach. Value Add Multifamily Investment Opportunity in prime Signal Hill, CA. Market Cap Rate over 6%.