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    Two-Story Apartment and Retail Building Title is generated by Realmo AI

    1561 W Pacific Coast Highway, Long Beach, CA 90810

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    For Sale
    $2,998,000

    Apartment - Long Beach, CA

    Type:Apartment
    Property size:
    8,729 SF
    Lot size:
    8,836.00 Acres
    Price / SF:
    $343/SF
    Added:
    Jul 1, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 2 at 5:06 am

    Property Features for 1561 W Pacific Coast Highway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    20
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Exterior features
    Community Features Included: Curbs, 11-15 Units/Acre, Corner Lot, Lot 6500-9999
    Standard status
    Active
    APN
    7431035023
    Size
    8,729 SF
    Lot size
    8,836.00 Acres

    Building Details

    Year built
    1949
    Floors in Building
    2
    Number of units
    14
    Architectural style
    Other

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    Contact an agent
    Tim Ho

    Listing agent Tim Ho License #01858362

    Listing office First Team Real Estate 12501 Seal Beach Blvd. #100, Newport Beach, CA

    Listing date Jul 1, 2026

    MLS# PW26142888 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑story mixed‑use property on Pacific Coast Highway with 11 residential units and 11 on‑site parking spaces
    • Includes 1561 W Pacific Coast Hwy, a separate 3‑tenant storefront retail building
    • Corner lot with curbs and on‑site parking for residents
    • Many residential units have been refreshed
    • Year built: 1949
    • Reported 6% cap rate

    Overview

    The offering includes a two-story apartment building containing 11 residential units and 11 on-site parking spaces, plus a separate 3-tenant storefront retail building. The residential units have been refreshed, according to the seller, and the combination creates a mixed-use structure with both residential and retail tenancy.

    The property is located at 1561 W Pacific Coast Highway in Long Beach, CA 90810, with the retail component described as having frontage on Pacific Coast Highway. The overall land area is approximately 0.2028 acres, and the listed property size is 8,729 square feet.

    For investors and owner-operators seeking a mixed-use portfolio, this configuration provides two income streams within the same transaction: residential income from the 11-unit building and retail income from the three storefront tenants. The listing is presented as an acquisition opportunity and is described as being offered at a 6% cap rate by the seller, supporting buyers who want to evaluate the property’s current operating profile alongside the residential and retail mix.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $319.5k $36.60
    − Vacancy −$16.0k −$1.83
    EGI $303.5k $34.77
    − OpEx −$136.6k −$15.65
    NOI $166.9k $19.12
    8,729 SF · lease $36.60/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.38M
    $2.09M – $2.78M (±1% cap)
    NOI $166,929 @ 7.0% cap · market cap 5.57%
    Second Best
    Retail
    $2.06M
    $1.80M – $2.40M (±1% cap)
    NOI $143,971 @ 7.0% cap · market cap 4.80%
    Theoretical Best
    Office A
    $4.67M
    $4.09M – $5.45M (±1% cap)
    NOI $327,143 @ 7.0% cap · market cap 10.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dandi Company Marketing & Advertising

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.2135758
    Latitude
    33.7901435

    FAQs

    What type of property is this?
    Apartment building - Two-story residential building with 11 units plus a separate 3-tenant storefront provides diversified rental income.
    Where is this apartment building located?
    The property is located at 1561 W Pacific Coast Highway Long Beach, CA.
    What is the asking price?
    The asking price for this property is $2,998,000.
    What are key features of this property?
    This property features: Two‑story mixed‑use property on Pacific Coast Highway with 11 residential units and 11 on‑site parking spaces; Includes 1561 W Pacific Coast Hwy, a separate 3‑tenant storefront retail building; Corner lot with curbs and on‑site parking for residents
    More about this property
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