Price Reduced35
$1,388,000
3 bd · 3 ba · 2,758 sqft
3642 Locust Ave, Long Beach, CA
Andre Kruse · First Team Real Estate · on 2 MLSs
$365/sqft · 30 days on Realty
3,832
Building
6,043 sqft
Lot
1952
Built
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.
Listing agent
Anand Chhabria
Courtesy of Chhabria Real Estate Company
California Regional Multiple Listing Service (CRMLS) · Listing SB26169010
California Regional Multiple Listing Service (CRMLS)Courtesy of Chhabria Real Estate Company
Listing agent: Anand Chhabria · Listing SB26169010
Within 2 miles of this home: 39+ restaurants and cafés, 12 grocery stores, 25 parks and green spaces, and 23+ transit stops.
Place data from OpenStreetMap.
The Merchant
Long Beach Boulevard
Blue Burro
Long Beach Boulevard
Jersay Mikes Subs
Long Beach Boulevard
Bixby Joe Coffee & Tea
Atlantic Avenue
Sushi
The Coffee Bean & Tea Leaf
Panda Garden
Chinese restaurant
Wood & Salt Tavern
Atlantic Avenue
Trader Joe's
Long Beach Boulevard
Vons
Atlantic Avenue
ALDI
Atlantic Avenue
Smart & Final
Ralphs
East Carson Street
Northgate
Cherry Avenue
Best Food Market
Long Beach Boulevard
Del Amo Swap Meet
Bixby Knolls National Park
Scherer Park
Bixby Knolls Park
Los Cerritos Park
Orange Park
Somerset Park
Community Gardens
C. David Molina Park
Oregon Avenue
Long Beach Boulevard & Carson
Long Beach Boulevard & San Antonio
Long Beach Boulevard & Marshall Pl
Atlantic & Burlinghall
Long Beach Boulevard & Marshall
Atlantic & Carson
Carson & Atlantic
Long Beach Boulevard & 44th
California Regional Multiple Listing Service (CRMLS)
San Diego MLSThis content last refreshed on 2026-09-04 16:31:13 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Price Reduced35
$1,388,000
3 bd · 3 ba · 2,758 sqft
3642 Locust Ave, Long Beach, CA
Andre Kruse · First Team Real Estate · on 2 MLSs
40$1,099,000
3 bd · 3 ba · 2,152 sqft
3927 Gaviota, Long Beach, CA
TRAVIS JACKSON · WERE Real Estate Inc · on 2 MLSs
Price Reduced54$1,236,900
3 bd · 2 ba · 1,798 sqft
323 E Bixby, Long Beach, CA
Michael Sopena · Dream Life Real Estate · on 2 MLSs
56$1,795,000
6 bd · 5 ba · 2,536 sqft
3511 Rose Avenue, Long Beach, CA
Allison Van Wig · Keller Williams Coastal Prop. · on 2 MLSs
Price Reduced51$1,649,000
4 bd · 4 ba · 2,450 sqft
4001 Elm, Long Beach, CA
Ben Fisher · California Real Estate Company · on 2 MLSs
40$1,265,000
3 bd · 3 ba · 2,491 sqft
4000 Marion Way, Long Beach, CA
Steven Nottingham · Keller Williams Pacific Estate · on 2 MLSs




