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Executive Summary

The property located at 1561 W Pacific Coast Highway and 1812 Canal Street to be sold together. Situated on an 8725 square foot lot, the complex consists of two structures and a parking lot. In the rear, sits an Eleven (11) unit apartment complex, and in front, on PCH, a 2000 square foot retail building which is set up for two tenants. A 8-10 car parking lot seperates the two structures. The apartment unit mix consists of 1- 4 bed/ 2 bath unit, 6 - 2 bed/ 1 bath units, 3 - 1 bed/ 1 bath units and 1 - Studio / 1 bath unit. Utility meters are seperate for both gas and electrical service. The retail building, measuring approximately 2000 square feet, is currently half leased to a barber shop with 15+ years tenancy $1241/m, while the other half is occupied by a sign shop for 12 1/2+ years $1510/m. Additionally, there are two smaller spaces rented out as storage, generating an additional $772 per month.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,853 SF
Building Class
C
Year Built
1949
Price
$4,106,481 CAD
Price Per SF
$2,216.13 CAD
Cap Rate
6.08%
NOI
$249,587 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.98
Lot Size
0.04 AC
Zoning
CHW
Parking
10 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
95’ on W Pacific Coast Hwy

Amenities

  • Bus Line
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100

Nearby Major Retailers

United Rentals
Mendocino Farms
Bank of America

Property Taxes

Property Taxes

Parcel Number
7431-035-023
Land Assessment
$1,246,821 CAD
Improvements Assessment
$1,465,015 CAD
Total Assessment
$2,711,836 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40412339

  • Date on Market: 2026-05-05

  • Last Updated:

  • Address: 1561 W Pacific Coast Hwy, Long Beach, CA 90810

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