973 N Park Long Beach, CA $ 2,750,000
973 N Park
$ 2,750,000
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973 N Park

Long Beach, CA, 90813
$ 2,750,000
Baths1.0 Sq 6,643

Monthly Estimate*

$ 16,932

Listed by Won Suk Kim Real Estate, Inc.
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Studio

Multi-Family Home for sale in Long Beach, CA

for $2,750,000 with 1 full bath. This 6,643 square foot home was built in 1903 on a lot size of 0.2192.

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.

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Multi-Family Active

Price

$ 2,750,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2192

Year Built

1903

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

DW26088637

Days on Market

8

Features
General
Sewer Public Sewer
Heating Ductless
Cooling Ductless
Garage Spaces 0
Pool Features None
Year Built 1903
Tenant Pays All Utilities
View Back Bay City Lights Park/Greenbelt
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 174507
Community Features Street Lights
County Los Angeles
Net Operating Income 174507.9
Operating Expense 46292
Insurance Expense 9037
New Construction false
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Willmore District (WM)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions North on Chestnut then turn left on 9th Street
City Long Beach
Entry Location 4
Senior Community Y/N false
Open Parking Spaces 8
Number Of Units Total 8
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 9549
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 15
Property Sub Type Additional Apartment
Taxes 34375
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Interior
Flooring Laminate
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features None
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 8
Lot Size Area 9549
Number of Buildings 2
Building Area Total 6643
Lot Size Acres 0.2192
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
Won Suk Kim Real Estate, Inc.

Broker

ixgrealtor@gmail.com

Email

Affordability Calculator

$16,932
Per Month
100%
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0%
Monthly Principal & Interest
$16,932
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$2,750,000 Listed Price

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973 N Park, Long Beach, CA, 90813 is a Multi-Family Home for sale at $2,750,000 with 6,643 sqft and a lot size of 0.2192. 973 N Park is a studio with 1.0 baths and was built in 1903. The property's zip code is 90813 which is in Long Beach, CA