3,832 sqft

$1,199,000

331 E Carson, Long Beach CA, 90807

Price per sqft$312.89

Built in1952

Property size3,832 sqft

Property typeCommercial

Listed by Anand Chhabria CA DRE# 01908741 with Chhabria Real Estate Company [email protected]

Overview

Active

Listed Aug 5, 2026

Updated 5 days ago

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.

Additional information

MLS^® ID: SB26169010

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.14 Acres

Other Property Details

Taxes: $22,384
Tax Frequency: Annually
Maintenance Expense: $2,950

Listed by Anand Chhabria CA DRE# 01908741 with Chhabria Real Estate Company [email protected]

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/30/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/30/2026 at 4:15 PM UTC Last Checked: 4:15 PM UTC