331 E Carson, Long Beach, CA 90807

Property Description

Offered at $1,199,000, this well-maintained mixed-use property is ideally situated along the highly desirable Bixby Knolls corridor of Long Beach. The property features three units, including one street-front commercial space and two residential units, totaling approximately 3,832 SF of rentable area.The property offers an excellent combination of existing residential income and commercial upside, with both residential units currently leased and the street-front commercial space now vacant and ready for immediate occupancy. The vacant commercial space presents an attractive opportunity for an owner-user to establish or expand a business, or for an investor to lease the space at current market rates and enhance the property's overall income and return potential. Zoned LBCCA (Community Commercial Automobile-Oriented) and located within the City's active Zone In planning area, the property may benefit 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 generating supplemental rental income from the two residential units, or for an investor looking to capitalize on existing income with the opportunity to increase returns through commercial leasing. 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 versatile mixed-use property in one of Long Beach's most desirable commercial submarkets, offering immediate occupancy potential, existing residential income, and significant long-term upside.