16461 Pacific Coast, Sunset Beach CA 90742 Home for Sale for $2,800,000. This 2,925 square foot home was built in 1960 on a lot size of 0.121 Acre(s).

Property Information
$2,800,000
Multi-Family
2,925 Square Feet
Active
2 Floors
Lot Size of 0.121 Acre(s)
Built in 1960
Sunset Beach, CA
Orange County
MLS/Web ID is OC13118002
16461 Pacific Coast, Sunset Beach, CA
Description

FANTASTIC OPPORTUNITY TO OWN COMMERCIAL/RETAIL PROPERTY ON PCH! Located on the beach side of the highway, with billboard. This property has a 3 bedroom unit upstairs that rents for $1775(month to month), a 1 bedroom rents for $1250 (month to month), a drycleaners (month to month) and beauty parlor occupy the retail downstairs PCH frontage of commercial space. One of the business's has a 2 yrs left on the lease. Sale also includes the billboard sign and rights which is approx $31, 000 a year of income. Current lease is with clear channel communications for a 3-4 year term remaining.

Exterior
Land Improvements
  • Sidewalks
† Excluded Feature
Listed By
Listing Agent: Khrystyne Peratt
Broker: FIRST TEAM REAL ESTATE

Property Report

Price History
Date Price Price Change Description
3/4/2014 $2,800,000 -6.67 % Price Change
6/20/2013 $2,999,999 Listed Price
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Market Pricing

Average % of sale price Median % of sale price
All listings in Sunset Beach $2,516,375 10 % below $1,549,500 45 % below
Multi-family listings in Sunset Beach $1,913,500 32 % below $1,434,500 49 % below

Get the facts about Sunset Beach, CA!

Population
990
Population Growth (since 2000)
4 %
Median Income
$74,027
Median Age
45.97
Households w/ Children
16 %
254 121 232 254 121
Find Out More! View more area information here.
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Information deemed reliable but not guaranteed.

Listing data courtesy of the Internet Data Exchange (IDX) Program of the Multi Regional Multiple Listing Service Inc. (MRMLS)

© 2014 Multi Regional Multiple Listing Service Inc. All rights reserved.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/20/2014.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.5% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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