1561 W Pacific Coast Highway, Long Beach, CA 90810
List Price: $3M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1949
Lot Size: 8,836 sq ft
Private Pool: Yes
MLS Number: PW26142888
About This Property
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.
Listing provided by: Tim Ho DRE #01858362 562-596-9911 Reo_listing@yahoo.com, First Team Real Estate
Source: CRMLS, MLS #: PW26142888
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.