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$2,749,000

FOR SALE
Active

1561 W Pacific Coast Highway

Long Beach, CA

MLS# PW26142888

Apartment
128 days on marketNalren refreshed

Listing Agent

Tim Ho

Listing Agent

First Team Real Estate

DRE #: 01858362

(714) 383-5342

Brokerage: First Team Real Estate

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1949

Year Built

0.2 acres

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

***Major Price Reduction***Excellent mixed-use investment opportunity on Pacific Coast Highway offered at a 6.63% 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.

Facts & Features

Interior

Laundry Features
Community Laundry

Exterior

Private Pool
No
Lot Features
Corner Lot, Eleven To Fifteen Units Acre

Building

Year Built
1949
Building Area Total
8,729
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Features
Asphalt
Parking Total
0

Community / HOA

HOA
No
Association Fee
$0

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