Property listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac [email protected]
$1,605,000
953 East Carson Street is a six-unit apartment building in Long Beach’s desirable Bixby Knolls neighborhood. Situated on a corner lot at the intersection of Carson Street and California Avenue, this well-maintained asset boasts attractive curb appeal, a desirable mix of three two-bed/one-bath and three one-bed/one-bath units, four single-car garages,… Read More and laundry facilities. The property is a 1948 construction that blends period charm, including hardwood floors and built-ins, with select interior upgrades.
953 East Carson Street is conveniently near popular retailers and restaurants, walkable to Atlantic Avenue dining options (Jamba Juice, Coffee Bean, Lola’s, and more) and less than a mile to Trader Joe’s. This location also offers convenient freeway proximity, with the 405 Freeway less than five minutes away. With an average household income over $137,000, this neighborhood has a strong tenant base.
Current rents are 20 percent below market, offering a new investor meaningful upside potential in a desirable neighborhood. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
MixedUse
Lot Size
0.15 Acres
Year Built
1948
MLS Number
PW26141033
Additional Details
Building
Built in 1948, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Suburban
Expenses
Operating: $47,926
Garage
4 spaces
Income
Gross Income: $134,760, Gross ScheduledIncome: $134,760, Net Operating Income: $84,791
Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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