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.
3,832 Sq Ft
6,043 Sq Ft Dimensione del lotto
commerciale
1.865 USD Imposta mensile
Costruito in 1952
MLS/ID annuncio SB26169010
6 Unità
Public Water
Lavanderia
Armadio lavanderia
Heating - Wall Furnace
Heating - Forced Air
Ferro battuto
Raffreddamento - Aria condizionata centralizzata
COSTO MENSILE TOTALE
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Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.