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$2,998,000
New Listing
1561 W Pacific Coast HighwayLong Beach, CA 90810
For Sale|Apartment|Active
0
Beds
0
Total Baths
8,729
SqFt
$343
/SqFt
1949
Built
Subdivision:
North Long Beach (NLB)
County:
Los Angeles
Listed by Tim Ho of First Team Real Estate [email protected]
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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.
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Listing Snapshot
Price
$2,998,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
8,729 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2028 Acres
Year Built
1949
MLS® Number
PW26142888
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 10 hours ago | Listing first seen on site | |
| 10 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.2028
Land Lease
No
Number Of Stories
2
Parking
Asphalt
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
8729
Water Source
Public
Interior Features
Laundry Features
Common Area
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Exterior Features
Lot Features
Corner Lot
Pool Features
None
Community Features
Building Access
1
Community Features
Curbs
Financing Terms Available
1031 Exchange
MLS Area
7 - North Long Beach
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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