$2,490,000
FOR SALEActive1561 W Pacific Coast
Long Beach CA 90810
8,729
SF
Mixed Use
Type
1949
Built
$285/SF
Cost/SF
Listing Agent
Viet Tran
DRE #: 01294759
Brokerage: Fawnbrook Realty
Location Analysis
About This Property
Major Price Reduction!!!!Excellent mixed-use investment opportunity on Pacific Coast Highway offered at a 7.32% 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.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
0.2028 acres
Lot Size
91
Total Units
8,729 SF
Square Footage
$285.26/SF
Price per SF
7.32%
Cap Rate
$182K
NOI
1,949
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
7.32% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
7.32%
Cap Rate
$182,215
NOI
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Closed commercial sales reported, newest first.
CRMLS
MLS# PW26105830
Listed:
Nalren refreshed:
Last updated
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Listed by: First Team Real Estate
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.