1561 W Pacific Coast, Long Beach, California 90810

$2,490,000

Property Type

Commercial Sale

Building Size

8,729 sqft

City

Long Beach

Status

Active

Major Price Reduction!!!!Excellent mixed-use investment opportunity on Pacific Coast Highway offered at a 7.32% 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.