FOR SALENew Listing
1561 W Pacific Coast Highway
Long Beach, CA 90810
8,836 Lot Sq Ft
Built 1949
$2,749,000
Price ReducedWas $2,998,000 — $2,749,000 (-$249,000)
Property Overview
***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.
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Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1949
- Lot size
- 8,836 sq ft
- Stories
- 2
- Days on market
- 15
- MLS status
- Active
Features & Amenities
Parking
- Asphalt
Pool
- None
Lot
- Eleven To Fifteen Units Acre
- Corner Lot
Community, Schools & Utilities
Community
- Subdivision
- North Long Beach (NLB)
Utilities
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 1561 W Pacific Coast Highway
Property type: Residential Income
The current asking price is $2,749,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1561 W Pacific Coast Highway. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1949. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.
The MLS currently reports the property as Active. It has been listed for 15 days. Status can change, so verify availability before relying on it.
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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