Investment Overview

Marcus & Millichap is pleased to present to market 953 East Carson Street, 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, 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.