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Listed by Ixbalanque Garcia, DRE #02035537 • Won Suk Kim Real Estate, Inc.
$ 2,650,000
Est. payment /mo
Active
973 N PARK Long Beach, CA 90813
9,549 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26088637
Year Built 1903
Lot Size 9,549 Sqft
Source California Regional MLS
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.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Flooring Laminate
Laundry Laundry Area
Exterior
Parking Features No Parking
Garage Spaces 8.0
Pool None
View Bay, Greenbelt, City Lights
Building
Water District - Public
Others
Tax ID 7271021010
Special Listing Condition Not Applicable
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