1561 W Pacific Coast Highway
Long Beach, CA 90810
Listing broker / agent: First Team Real Estate · Tim Ho · 714-383-5342 · CRMLS
MLS # PW26142888 · Last checked Oct 19, 2026 20:57 UTC
About this property
***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.
Property details
- MLS number
- PW26142888
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.2028 acres
- County
- Los Angeles
- Year built
- 1949
More property detailsCollapse
Listing
- Days on market
- 15
Building
- Year built
- 1949
- Year built source
- Assessor
- Building stories
- 2
- Entry level
- 1
Rooms & interior
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 0
- Garage spaces
- 0
- Parking
- Asphalt
- Pool
- None
- Lot features
- Eleven To Fifteen Units Acre, Corner Lot
- Lot size source
- Assessor
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Curbs
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Cabrillo High Long Beach Unified · Long Beach | 9–12 | 0.3 mi |
| Garfield Elementary Long Beach Unified · Long Beach | K–5 | 0.5 mi |
| Lafayette Elementary Long Beach Unified · Long Beach | K–5 | 1.3 mi |
| Edison Elementary Long Beach Unified · Long Beach | K–5 | 1.3 mi |
| Stephens Middle Long Beach Unified · Long Beach | 6–8 | 1.3 mi |
| Intellectual Virtues Academy (school website, opens in a new tab) Los Angeles County Office of Education · Long Beach | 9–12 | 1.4 mi |
| Chavez Elementary (school website, opens in a new tab) Long Beach Unified · Long Beach | K–5 | 1.6 mi |
| Roosevelt Elementary Long Beach Unified · Long Beach | K–5 | 1.6 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $2,749,000
- MLS-reported original asking price
- $2,998,000
- MLS-reported previous asking price
- $2,998,000
- MLS-reported last price change
- 2026-07-16 20:58 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:32 | $2,749,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Long Beach
Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
104 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 21:35 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗