Individually Owned Property summary
This exceptional mixed-use property in Long Beach, WA, presents a compelling investment opportunity. Located at 601 Pacific Ave S, this 4,224 square foot storefront boasts a prime location in the heart of downtown, offering 80 feet of frontage on Pacific Avenue. The property, built in 1988 and extensively renovated in 2022, comprises two buildings across two stories, encompassing six rental units and eight parking spaces on a 12,400 square foot lot. The current zoning permits a variety of… uses, including short-term rentals and retail space. The property currently generates a strong net operating income (NOI) of $70,723, resulting in an attractive 7.07% capitalization rate. The asking price is $999,900, translating to $236.72 per square foot. The property features a thriving existing business, Kraken Kafe, adding to its immediate income potential. All six units are updated with vinyl plank flooring and fresh paint. Outdoor amenities include a fire pit and fenced yard. The month-to-month lease options provide flexibility for future management. This turn-key property offers a rare blend of established income and significant upside potential in a desirable coastal location. The APN is 10111633020.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,400 SF
- Lot area
- 0.34 ac
- Year built
- 1988
- Stories
- 1
- APN
- 10111633020
- Assessed value · 2024
- $394,100
- Annual tax · 2024
- $2,639
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Alternative use
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