$1,605,000

Estimated payment $10,274/month

3 Beds
2 Baths
5,469 Sq Ft
$293 Price per Sq Ft

About This Home

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, 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.

Listing Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 06/29/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,469 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 14 / H
  • Tax Tract Number 9984
  • Assessor Parcel Number 7138011012
  • $1,386 per year additional tax assessments

Community Details

Overview

  • 6 Units
  • Bixby Knolls Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $47,926
  • Gross Income $134,760
  • Net Operating Income $84,791

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,534 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 5.28
  • Property Attached: No
  • Subdivision Name Other: Bixby Knolls (BK)
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7138011012
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 293.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 134760.00
  • Gross Scheduled Income: 134760.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 84791.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 47926.00
  • Rent Control: Yes
  • Total Expenses: 47926.00

Tax Info

  • Tax Block: H
  • Tax Lot: 14
  • Tax Tract Number: 9984
  • TaxOtherAnnualAssessmentAmount: 1386.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/29/2026 06/29/26 For Sale $1,605,000 -- $293 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26141033

California Regional Multiple Listing Service (CRMLS)
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