Justin Paperny Announces New Commercial Listing

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Justin Paperny announces new commercial listing on Pacific Coast Highway in Signal Hill California.

Justin Paperny announces a new commercial listing on Pacific Coast Highway in Signal Hill California. List price is $1,549,000.

This property features approximately 17,508 square feet with approximately 150 square feet of frontage on Pacific Coast Highway. The Assessor Parcel Numbers are 7216-024-025, 7216-024-024, and 7216-024-026 and the addresses are 2599 East Pacific Coast Highway, 1821 and 1801 Molino Ave.

This property is zoned for both commercial and residential building. The Signal Hill community is supportive and is anticipating development of these parcels. The property has a desirable corner lot location and the daily traffic count is heavy, thanks in part to the properties frontage on Pacific Coast Highway. These parcels are surrounded by many established business in Long Beach and Signal Hill. There are currently two free standing buildings on the property.

These parcels fall under Planning Area 1 which extends along PCH from the valley of east of Junipero Avenue to Temple Avenue. The planning goal for Area 1 is to permit the continuation of commercial uses determined compatible with the adjacent residential neighborhood.

Signal Hill is a small city in Los Angeles County that is completely surrounded by Long Beach, CA. Signal Hill changed forever when oil was discovered. The "hill" would soon become one of the most productive oil fields in the world dating back to 1921 when Shell Oil Company's Alamitos #1 well erupted. Soon Signal Hill was covered with over 100 oil wells and was known as "Porcupine Hill".

For additional information about Signal Hill please visit http://www.cityofsignallhill.org To learn more about this specific investment please visit http://www.PCHandMolino.com or call Justin Paperny at 818-424-2220.
Justin Paperny is a Real Estate Agent with Ewing and Associates Sotheby's International Realty in Calabasas, CA.

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