$2,998,000
About this home
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.
Facts & features
- Laundry
- Common Area
- Lot size
- 0.203 acres (8,836 sq ft)
- Year built
- 1949
- Area
- 11 - Westside
- County
- Los Angeles
- Status
- Active
- Property type
- Mixed Use
- Days on market
- 0
- Listed
- 2026-05-14
- Terms
- Exchange 1031
- Parcel #
- 7431035023
- MLS #
- PW26105830