Bedrooms
0
Bathrooms
0
Square Feet
0
Status
Active
Long Beach
1561 W Pacific Coast Highway
About This Property
***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.
Neighborhood
This property is located in Long Beach. Want to learn more about the area?
Explore CommunitiesListing courtesy of First Team Real Estate
Listing data from CRMLS. Deemed reliable but not guaranteed.
Asking Price
$2,749,000
Listing Agent
Tim Ho
First Team Real Estate
