$2,998,000
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.
Click to interact with map
Listed by Tim Ho with First Team Real Estate (562) 596-9911
Property Type
Mixed Use
Status
Active
MLS Number
PW26105830
Year Built
1949
Lot Size
8,834 sq ft