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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.

Overview

Property Status
For Sale
Lot Size
8,836 Sq.Ft.
MLS ID
PW26105830
Property Type
Commercial
Year Built
1949

Features & Amenities

Total Area
8,729 Sq.Ft.
Neighborhood
Long Beach
Stories
2
Water Source
Public
Lot Features
11-15 Units/Acre, Corner Lot
Laundry Room
Common Area
Sales Price
$2,998,000

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1561 W Pacific Coast

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1561 W Pacific Coast
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1561 W Pacific Coast

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  • CallTim Ho

    License #01858362

    714-383-5342
  • Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.