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Property 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.

Overview

Property Status
For Sale
Lot Size
8,836 Sq.Ft.
MLS ID
PW26142888
Property Type
Condo
Year Built
1949

Features & Amenities

Total Area
8,729 Sq.Ft.
Neighborhood
Long Beach
Stories
2
Water Source
Public
Pool
None
Lot Features
11-15 Units/Acre, Corner Lot
Parking
Asphalt
Laundry Room
Common Area
Sewer
Public Sewer
Sales Price
$2,749,000

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1561 W Pacific Coast Highway

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for your interest in 1561 W Pacific Coast Highway, Long Beach, CA 90810

1561 W Pacific Coast Highway
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1561 W Pacific Coast Highway

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    License #01858362

    714-383-5342
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