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***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.
| DAYS ON MARKET | 42 | LAST UPDATED | 7/16/2026 |
|---|---|---|---|
| TRACT | North Long Beach (NLB) | YEAR BUILT | 1949 |
| COMMUNITY | 7 - North Long Beach | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Jul 16, '26 | $2,998,000 |
|---|---|
| Jul 16, '26 - Today | $2,749,000 |
| ADDITIONAL DETAILS | |
| AREA | 7 - North Long Beach |
|---|---|
| LOT | 8834 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 8836 |
| PARKING | Asphalt |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | North Long Beach (NLB) |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with First Team Real Estate
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