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Property Description
Unique opportunity to acquire a fully occupied, multi-tenant light-industrial property in Signal Hill offering four separately utilized business spaces, multiple workshops, private offices and substantial outdoor work and yard areas. Situated on a prominent corner parcel with frontage along Nevada Street, Lewis Avenue and Burnett Street, the property offers excellent flexibility for an investor, owner-user or automotive/industrial operator.
The property consists of approximately 4,240 square feet of building area on a 12,202-square-foot lot with Light Industrial zoning. The four separately occupied units include:
1024 E. Nevada Street - Approximately 1,240 SF with a private office, restroom and large workshop, plus access to a shared fenced work yard and parking area. Currently utilized by a fencing company.
1025 E. Burnett Street - Approximately 1,000 SF occupied by a long-term specialty automotive/body-shop tenant. Includes an office, private restroom, shop/work area and outdoor work-yard space.
2420 Lewis Avenue - Approximately 1,000 SF with a private office, private restroom, storage room and large body-shop/workshop area currently utilized for specialty/custom automobile repair.
2424 Lewis Avenue - Approximately 1,000 SF with a private office, private restroom, large workshop/storage area and access to the fenced work yard shared with 1024 Nevada.
With three automotive-related occupants and one fencing contractor, the property provides a desirable combination of income-producing industrial space, workshops, offices, storage and valuable outdoor work areas. The corner configuration provides access from multiple streets, while the fenced yard and parking/work areas add significant functionality for automotive, contractor, service and other permitted industrial uses.
All four spaces are currently occupied, providing an investor with an established multi-tenant property while offering potential future flexibility for an owner-user. Businesses and tenant possessions are excluded from the real estate sale. Seller may consider owner financing. Ask about purchasing the fencing business. Please do not disturb occupants.
Full Property Details
Full Property Details for 1024 E Nevada St
General
- Price: $2,000,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: PW26174771
- Updated: Today (8/10/2026)
- Added to Site: Today
Business
- Business Type: Industrial, Variety, Auto Body, Auto Repair-Specialty
Rooms
Other Rooms
- Laundry: None
Parking
- Uncovered Spaces: 15
Location
- County: Los Angeles
- Driving Directions: Corner property - Nevada to Burnett along Lewis.
Structural Information
- # Buildings: 4
- Construction: Frame
- Roof: Mixed
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 4240
- Square Feet: 4,240
- Year Built: 1957
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.2801
- Useable Acres: .2801
- Lot Size (Sq. Ft.): 12,202
- Lot Size Source: Assessor
- Fence: Yes
- Lot Features: Corner Lot, Rectangular Lot, Near Public Transit, Lot 10000-19999 Sqft
- Lot Description: Corner Lot, Rectangular Lot, Near Public Transit, Lot 10000-19999 Sqft
- Fencing (Description): Chain Link, Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $471
Disclosures and Reports
- Exclusions: Businesses and tenant possessions
- Investment: Yes
- Property ID: 7211022041
Listed by Circle Real Estate, RichardDaskam
Get Pre-Approved Today
Schools
Schools serving 1024 E Nevada St
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Signal Hill Elementary School 2285 Walnut Avenue, Signal Hill, CA 90755 | K-5 | 0.4 mi |
Jessie Nelson Academy 1951 Cherry Avenue, Signal Hill, CA 90755 | 6-8 | 0.8 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1024 E Nevada St
Date
Details
Price
Change
Source
8/10/2026
Listed
$2,000,000
280.95%
MLS
7/25/2007
Sold
$525,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1024 E Nevada St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,448
7%
$689,579
2%
2024
$9,750
2%
$676,059
2%
2023
$9,598
6%
$662,804
2%
2022
$9,055
2%
$649,809
2%
2021
$8,870
—
$637,068
1%
2020
$8,842
1%
$630,537
2%
2019
$8,748
5%
$618,175
2%
2018
$8,292
1%
$606,054
2%
2017
$8,207
8%
$594,172
2%
2016
$7,631
4%
$582,523
2%
2015
$7,350
1%
$573,774
2%
2014
$7,311
3%
$562,535
—
2013
$7,098
—
$559,994
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1024 E Nevada St
1024 E Nevada Street, Signal Hill, CA 90755 (MLS# PW26174771) is a Commercial property. 1024 E Nevada Street is currently listed for $2,000,000 and was received on August 10, 2026. Want to learn more about 1024 E Nevada Street? Do you have questions about finding other Commercial real estate for sale in Signal Hill? You can browse all Signal Hill real estate or contact a Coldwell Banker agent to request more information.

