• Call your local brokerage at 562.494.4600
For Sale:$1,825,000
$6,458/mo
Monthly Payment:
$6,458
Principal & Interest:
$6,458
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.38% with $365,000 down)
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1561 W Pacific Coast Highway


Long Beach, CA 90810

West Side Long Beach Unified School District
N/Asq ft N/A / sq ft MFR
Lot Size8,834sq ft Built1949 On site39days
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The property located at 1561 W Pacific Coast Highway and 1812 Canal Street represents core "bread and butter" investment property in a high demand rental market adjacent to the ports of Long Beach and Los Angeles. Situated on an 8725 square foot lot, the complex consists of two structures and a parking lot. In the rear, sits an Eleven (11) unit apartment complex, and in front, on PCH, a 2000 square foot retail building which is set up for two tenants. A 8-10 car parking lot seperates the two structures. The apartment unit mix consists of 1- 4 bed/ 2 bath unit, 6 - 2 bed/ 1 bath units, 3 - 1 bed/ 1 bath units and 1 - Studio / 1 bath unit. Utility meters are seperate for both gas and electrical service. The retail building, measuring approximately 2000 square feet, is currently half leased to a barber shop with 5+ years tenancy, while the other half is occupied by a sign shop for 2 1/2+ years. Additionally, there are two smaller spaces rented out as storage, generating an additional $600 per month. The property is situated in the busy section of West Long Beach near the Ports and adjacent to Wilmington. The property is also close to the 710 and 110 and 405 freeways. .
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Last Checked For Updates: 47 minutes We update property info including price, photos, sale status and more as soon as it’s available. ago Status: Active Views: 25
MLS #PW16733372 , Listed on 10/25/16 by INCO COMMERCIAL REALTY INC
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MLS Listing Information for 1561 W Pacific Coast Highway

Exterior Features

Parking

  • Assigned
  • Unassigned
  • 8 Parking Spaces

Lot Size

  • 8,834 Sq. Ft.

Lot Description

  • 11-15 Units/Acre

# of Units

  • 5 or more

Stories Desc.

  • Two Levels

Utilities

Water

  • Public

Additional Information

County

  • Los Angeles

Land Lease Type

  • Fee

Originating MLS

  • Multi-Regional Multiple Listing Service

Community Rec.

  • Gutters
  • Sidewalks
  • Storm Drains
  • Street Lighting

Zoning

  • LBCHW

Assessments

  • 0

Listing Broker

  • INCO COMMERCIAL REALTY INC

Price History for 1561 W Pacific Coast Highway

Date Event Price Source
11/15/16 Price Change: -$25,000 $1,825,000 CRMLS (Socal)
11/08/16 Price Change: -$75,000 $1,850,000 CRMLS (Socal)
10/25/16 New Listing $1,925,000 CRMLS (Socal)

Schools Information

From Public Records
School District: Score      
Long Beach Unified School District
5.4
     

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Houses for sale near 1561 W PACIFIC COAST HWY
This Multi-Family home for sale in Long Beach, CA is currently listed for $1,825,000. Featuring a lot size of 8,834 Sq. Ft., 1561 W Pacific Coast Highway was built in 1949 and has been on coldwellbankerrealestate.com for 39 days.

This listing is provided courtesy of INCO COMMERCIAL REALTY INC. Interested in viewing more homes for sale near 1561 W Pacific Coast Highway Long Beach, CA 90810? You can search all Long Beach MLS listings, find a real estate agent, get a home value estimate and more on coldwellbankerrealestate.com.
Local real estate services provided by:
Coldwell Banker Coastal Alliance
Coldwell Banker Coastal Alliance
1650 Ximeno Ave, Suite 120
Long Beach, CA 90804
Phillip Wendell Jr Jones, CAL BRE 00347143
562.494.4600
Website provided and owned by Coldwell Banker Coastal Alliance.
1561 W Pacific Coast Highway Long Beach, CA 90810 $1,825,000
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Data last updated: Friday, December 2, 2016 at 1:53 PM. Properties in listings may have been sold or may no longer be available.