$1,199,000

331 E Carson, Long Beach, CA 90807

  • 3,832 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon6,042sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $313/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Exceptional mixed-use investment opportunity in the highly desirable Bixby Knolls corridor. Offered at $1,399,000, this well-maintained property features three income-producing units consisting of one street-front commercial space and two residential units, totaling approximately 3,832 SF of rentable area. The property is fully occupied, with the commercial unit owner-occupied and both residential units leased, generating approximately $98,240 in annual gross income and offering an attractive 4.7% cap rate. Zoned LBCCA (Community Commercial Automobile-Oriented) and located within the City's active Zone In planning area, the property benefits from the potential for future Mixed-Use (MU) zoning, creating compelling long-term redevelopment and value-add opportunities. Ideal for an owner-user seeking to operate a business while offsetting occupancy costs with rental income, or for an investor looking for stable cash flow with future upside. Prime Carson Street frontage provides excellent visibility, strong traffic exposure, and convenient access to shopping, dining, and major transportation corridors. A rare opportunity to acquire a stabilized mixed-use asset in one of Long Beach's most sought-after commercial submarkets.

Listing Status:
Active
Date Added:
August 5, 2026
Data Last Updated:
October 10, 2026 at 4:18AM
Listing Office:
Chhabria Real Estate Company : 310-379-2167
Listing Agent:
Anand Chhabria : 3107041395
Contact:
anand@chhabriare.com
MLS ID:
SB26169010
  • Laundry: Laundry ClosetLaundry Room
  • A/C: Central Air
  • Heating: Forced AirWall Furnace
  • General: 2
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: LBCCA7139009017
  • Fencing: Wrought Iron
  • Water: Public
  • Source: CRMLS_CRM

This listing courtesy of Anand Chhabria , Chhabria Real Estate Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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