ActiveSingleFamilyResidence

354 E Carson

Long Beach, CA, 90807

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$1,000,000

MLS: OC26096094

Beds

4

Baths

2

Sq Ft

2,066

Lot

0.16 ac

Year Built

1925

MLS #

OC26096094

Days on Market

2

Listed

May 3, 2026

Description

CALLING ALL INVESTORS - 354 E Carson St, Long Beach, CA 90807 Incredible below market opportunity in Bixby Knolls for investors, flippers, or buyers looking for a major value add project. This 2,066 sq ft Spanish style single level home sits on a generous 7,000 sq ft R2 zoned lot and is priced for a fast, all cash closing. Property needs full renovation. Home has mold, water is currently shut off, floor is not level, and there are possible post and pillar foundation issues. Garage contains junk/debris. Interior and exterior require significant repairs. Property is being sold strictly AS IS with no repairs, credits, or concessions of any kind. Despite its condition, the home features a versatile layout with 4 bedrooms per assessor (currently configured as 5 bedrooms and 3 baths – buyer to verify), hardwood floors, a commercial grade HVAC system, private driveway, detached 2 car garage, and wrap around yard. Previously used as a rehabilitation home; no deaths on the property. Owner has never occupied the home. Perfect for a seasoned flipper or a buyer wanting to get into the neighborhood at a steep discount and remodel to their own vision. The lot offers additional potential for those who know how to maximize it. This is the definition of a flipper’s canvas — huge footprint, R2 zoning, strong neighborhood comps, and priced to reflect the work needed. Bring your crew, your vision, and your calculator.

Location

Long Beach, Los Angeles County, CA 90807

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Listed by: Christopher Beard · Pacific One Real Estate

Payment estimate

$7,411

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $100,000 · Loan: $900,000

%
Principal & Interest
$5,695
Property tax (1.25%)
$1,042
Homeowners insurance
$300
Mortgage insurance
$375
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $35,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.