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Millman Team Real Estate

$1,199,000
0.14 Acre Lot

331 E Carson, Long Beach, California 90807

  • Commercial Sale Property Type
  • 1952 Year Built
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.

Basic Details
Commercial Sale
For Sale
SB26169010
$1,199,000
1952
0.14 Acre
Active
Mixed Use
Features
: Forced Air, Wall Furnace
: Central Air
: Wrought Iron
: Laundry Room, Laundry Closet
$0
Address Map
CA
Los Angeles
Long Beach
90807
Carson
331
W119° 48' 41.3''
N33° 50' 0.9''
Long Beach Blvd > E Carson Street, major cross streets Long Beach Blvd and E San Antonio Drive
6 - Bixby, Bixby Knolls, Los Cerritos
E
LBCCA
Additional Information
$0
$0
$0
$0
$0
3832
1
: 0-1 Unit/Acre
6
2026-08-05
1399000
2
https://youriguide.com/331_e_carson_st_long_beach_ca
: Public
Broker/Agent Information
Chhabria Real Estate Company
Anand Chhabria
Financial
22384.0
Listing Information
Neil Chhabria
SCHHANEI
SB1326590
Chhabria Real Estate Company
SBCHHAANA
SB1326590
1031 Exchange
Active
2026-09-30T16:07:31Z
CRMLS
: Standard
2026-08-05T11:00:20Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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