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About This Home
This 0-bedroom, 0-bathroom commercial at 1561 W Pacific Coast in Long Beach, CA is listed for $2,998,000 ($343 per sqft). Built in 1949, the home offers 8,729 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1949
Property Details
Monthly Cost Estimate
$16,034/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1561 W Pacific Coast
Long Beach, CA 90810
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1561 W Pacific Coast is listed at $2,998,000 ($343/sqft). The estimated monthly payment is $12,991 based on 20% down at 6.5% interest.
Key features include: Built in 1949.
This property is listed by Tim Ho and can be reached at 7143835342 or Reo_listing@yahoo.com.
