1561 W Pacific Coast, Long Beach, CA 90810
- $2,998,000
List Agent Tim Ho () First Team Real Estate; CoList ()
- List Price
- $2,998,000
- Status
- ACTIVE
- MLS#
- PW26105830
- Year Built
- 1949
- Lot Size
- 8,836
- Lot Location
- 11-15 Units/Acre, Corner Lot
- Days on Market
- 77
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
Excellent mixed-use investment opportunity on Pacific Coast Highway offered at a 6% cap rate. The property features a two-story building with 11 residential units and 11 on-site parking spaces, providing stable residential income. Many of the residential units have been refreshed, enhancing rental value. The sale also includes 1561 W Pacific Coast Hwy, a separate 3-tenant storefront retail building with prime frontage on PCH. Strong in-place cash flow with diversified residential and commercial income in a high-traffic location.
Additional Information
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.