***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.
Features
20 bedrooms
crop_free8836 sq. ft. lot size
cottageMulti-Family
Happy sellers in Long Beach
90%
sentiment_very_satisfied
90% of sellers in Long Beach reported that their sale price either exceeded or met their price expectations.
Long Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 4 reviews in Long Beach over the last 12 months.
Local market activity for 20 bedroom multi families in Long Beach
Sold
For Sale
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