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Units

8

Building Size

6,643 sf

Lot Size

9,549 sf

Status

Active

Listing Agent: Ixbalanque Garcia, Won Suk Kim Real Estate, Inc.

Long Beach

973 N Park

About This Property

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.

Unit Mix

  • 4 units · 2bd / 1ba
  • 2 units · 2bd / 2ba
  • 2 units · 3bd / 1ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Asking Price

$2,650,000

Est. Monthly Payment

$16,933/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Ixbalanque Garcia

Won Suk Kim Real Estate, Inc.