Lee & Associates Los Angeles – Long Beach is pleased to announce the successful lease of 2399 Walnut Ave in Signal Hill, CA, an 8,588 SF industrial warehouse and office building. Ron Mgrublian represented the tenant, who moved in July 2026.
The property features a single-tenant industrial building with 540 SF of office space, one dock-high door, one grade-level door, 14-foot clear height, and a fenced and paved yard on a 0.79-acre parcel. Built in 1970 as a tilt-up construction, the building sits in the infill market of Signal Hill, within close proximity to Long Beach and the broader South Bay industrial corridor.
The listing generated strong interest from the market and drew multiple offers before closing. Lease terms and tenant information remain undisclosed at this time. Owners interested in comparable lease terms for similar Signal Hill or South Bay industrial space are welcome to inquire directly.
This transaction reflects continued tenant demand for smaller-format, well-located industrial buildings with yard space across the greater Los Angeles industrial corridor, even as overall market conditions vary by submarket.
Where is 2399 Walnut Ave located?
The property is located at 2399 Walnut Ave, Signal Hill, CA 90755, within the Long Beach/Harbor Cities industrial submarket.
What type of building is 2399 Walnut Ave?
It is an 8,588 SF single-tenant industrial warehouse and office building, including 540 SF of office space, one dock-high door, one grade-level door, and a fenced, paved yard.
When did the tenant move in?
The tenant moved into the space in July 2026.
What was the lease rate?
Lease terms are undisclosed. Interested parties can contact Ron Mgrublian directly for comparable rate information.We specialize in industrial real estate from the greater Los Angeles to the Inland Empire markets, including: Long Beach, Carson, Torrance, Gardena, Compton, Rancho Dominguez, Wilmington, Paramount, Santa Fe Springs, Huntington Beach, Garden Grove, Irwindale, Signal Hill, Pomona, City of Industry, and Ontario, serving surrounding submarkets including LA South Bay, LA Central, Mid-Counties, San Gabriel Valley, Orange County and the Inland Empire.
Have a similar property to lease or sell? If you own an industrial or warehouse building in the Mid-Counties, South Bay, or greater Los Angeles market, contact Ron Mgrublian for a complimentary consultation on getting your space leased or sold at the right rate or price.
Ron Mgrublian
Principal, Lee & Associates Los Angeles – Long Beach
562-354-2537
CalDRE# 01902882
