973 N Park, Long Beach, CA 90813

$2,650,000

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List Agent Ixbalanque Garcia () 562-474-1722 Won Suk Kim Real Estate, Inc.; CoList ()

List Price
$2,650,000
Price Change
▼ $100,000 1779195487
Status
ACTIVE
MLS#
DW26088637
Year Built
1903
Lot Size
9,549
Lot Location
6-10 Units/Acre
Days on Market
96
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Willmore District (Wm)

Property Description

8-UNIT VALUE-ADD OPPORTUNITY | LEASE-UP POTENTIAL | TURNKEY CONDITION | PRIME LONG BEACH LOCATION. Welcome to 973 N Park Cir — a rare opportunity to acquire an 8-unit multifamily property in the heart of Long Beach. This updated, turnkey asset is ready for immediate occupancy, allowing a new owner to quickly place tenants and begin generating income. The property is ideally positioned for an investor to stabilize operations by securing high-quality tenants at current market rents, offering strong upside in both cash flow and overall property value. With units in move-in ready condition, this is a streamlined lease-up opportunity. Located in front of Drake Park, the property benefits from a central location with access to local amenities, schools, shopping, and dining. It is also in close proximity to Long Beach City College Pacific Coast Campus, making it an attractive option for student and workforce housing. Convenient access to the 710 and 405 freeways provides connectivity throughout Los Angeles County. This is a true value-add investment with turnkey condition, perfect for investors seeking immediate lease-up, strong rental demand, and long-term appreciation.

Additional Information

Pool Description
None
Heat
Ductless
Cooling
Yes
Cooling Description
Ductless
View
Back Bay, City Lights, Park/Greenbelt
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.