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Commercial > Retail
Sold
01/29/2020
Sold Price
$16,000,000$354/ft²

2701 Cherry Ave
Signal Hill, CA 90755

  • -
    Bed
  • -
    Bath
  • 45,236
    ft²
    Living Area
  • 4.1
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1994
    Year Built
  • -
    DOM
  • 4
    Permits
2701 Cherry Ave, Signal Hill, CA 90755 is a 45,236 ft² commercial retail property property built in 1994 on a 4.129 acre lot with 4 construction permits. This commercial retail property is currently off market, and it was last sold in 2020 for $16,000,000.

    Permits

    2701 Cherry Ave has 4 permit records of total value of $97,886.

    Permit History
    4
    Permits
    $97,886
    Total Permit Value
    January 29, 2023
    Description: Interior tenant improvement: scope is limited to replacing small areas of finishes and fixtures on sales floor including storage racks with small amount of electrical disconnects and reconnects. No water/sewer in scope no structural work in scope no changes to fire protection systems in scope and no changes to exterior in scope. As per planJob Value: $7,100Status: plancheckType: BuildingBusiness Name: Rapid FIXFees: $99Effective Date: 2023-01-29Permit Number: 10283380
    May 4, 2022
    Description: Interior remodel of install bay and sales floor includes new & relocated sales floor display fixtures & casework. Minor floor patch and minor electrical existing. No demolishJob Value: $10,786Status: finalType: BuildingSub Type: V-bBusiness Name: Rapid FIXFees: $532Effective Date: 2022-05-04Permit Number: 10282338
    June 29, 2021
    Description: Interior tenant improvement at best buy; remodel sales floorJob Value: $10,000Status: appliedFees: $374Effective Date: 2021-06-29Permit Number: 6292103
    June 17, 2021
    Description: Replace 12 HVAC like for likeJob Value: $70,000Status: appliedFees: $800Effective Date: 2021-06-17Permit Number: 6172101

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2023$227,195.42
      From latest Total Assessed Value1.35%
      Total Assessed Value$16,818,855
      =
      Land
      Assessed Value      $8,724,781
      +
      Additions
      Assessed Value      $8,094,074

      • In 2023, taxes billed for 2701 Cherry Ave were $227,195.42, which is 1.35% from latest Total Assessed Value of $16,818,855.

    Property History

    2701 Cherry Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 2701 Cherry Ave

    • Hazard Risks

      Earthquake
      445
      Carb Mono
      127
      Ozone
      111
      Lead
      110
      Particulates
      109
      Air Pollution
      107
      Nat'l Avg
      100
      Tornado
      87
      Weather
      40
      Hurricane
      14
      Hail
      0
      Wind
      0

      • 10 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 2701 Cherry Ave.

      Walkability Index

      11 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      2701 Cherry Ave has a walkability score of 11 out of 20, which means that it is in a somewhat walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      56 °F

      Low

      46°F

      High

      67°F

      Summer
      Average

      70 °F

      Low

      61°F

      High

      79°F

      In the winter at 2701 Cherry Ave, temperatures range from 46.27°F to 66.6°F with an average of 56.44°F. In the summer, the temperature ranges from 61.01°F to 78.69°F with and average of 69.85°F.

    School Information

    Public/private schools serving 2701 Cherry Ave

      Public Schools

      Jessie E. Nelson Academy
      Grades: 6-8
      0.97  mi
      C
      Polytechnic High School
      Grades: 9-12
      1.64  mi
      C+
      Signal Hill Elementary School
      Grades: KG-5
      0.63  mi
      B
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 2701 Cherry Ave have ratings undefined, undefined, and undefined.

    Neighborhood

    This property is located in The Harbor, Signal Hill, CA 90755.

    • Region

      • Boundary map of The Harbor.

      Crime Index for 90755

      108

      Above national average
      108

      The crime index in 90755 is 108, which is 1.1 times higher than national average.

    • Seasonal Housing units 90755

      4%

      of housing is for seasonal rent.

      Daytime Population for 90755

      +111%

      of people during work hours.

    Market Trends

    Historical market data near 2701 Cherry Ave over selected time period.

    Nearby Properties on Cherry Ave

    USACALos Angeles CountySignal HillCherry Ave