ActiveCommercial · sale

331 E Carson

Long Beach, CA 90807

$1,399,000

  • 0.14 acres
  • Built 1952

Listed by Chhabria Real Estate Company · MLS #SB26169010

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1952.

Property size

0.14 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Exceptional mixeduse investment opportunity in the highly desirable Bixby Knolls corridor Offered at 1399000 this wellmaintained property features three incomeproducing units consisting of one streetfront commercial space and two residential units totaling approximately 3832 SF of rentable area The property is fully occupied with the commercial unit owneroccupied and both residential units leased generating approximately 98240 in annual gross income and offering an attractive 47 cap rate Zoned LBCCA Community Commercial AutomobileOriented and located within the Citys active Zone In planning area the property benefits from the potential for future MixedUse MU zoning creating compelling longterm redevelopment and valueadd opportunities Ideal for an owneruser 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 mixeduse asset in one of Long Beachs most soughtafter commercial submarkets

THE NEIGHBORHOOD

Explore the location.

331 E Carson, Long Beach, CA 90807

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THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
1952
Cooling
CentralAir
Heating
ForcedAir,WallFurnace
Fencing
WroughtIron
Zoning
LBCCA
Parcel
7139009017
Annual property tax
$22,384.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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331 E Carson, Long Beach, CA 90807 · MLS #SB26169010

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Listing information

MLS #SB26169010 · California Regional MLS

Listing brokerage: Chhabria Real Estate Company
Listing agent: Anand Chhabria

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

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