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973 N Park , Long Beach, CA 90813
$2,650,000
Est. Payment: $13,334.38/mo
18 Bed
10 Bath
6643 Sqft
Status: active | Days on site: 25
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House 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.
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Highlights

Listed by Ixbalanque Garcia , 562-474-1722 Won Suk Kim Real Estate, Inc. , 562-474-1722. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.22

Year Built

1903

County

Los Angeles

Area

4 - Downtown Area, Alamitos Beach

 Neighborhood

Willmore District (WM)

Listing ID

DW26088637

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:18
  • ▪ Bathrooms:10
  • ▪ Full Bathrooms:
Air Cond:Ductless
Fireplaces:
Floor:Laminate
Other:Public

Exterior Features

Lot:6-10 Units/Acre,No Land Lease
Garage Capacity:8
Others:2+ Total Units
Sewer:Public Sewer
Principal Interest
$13,334
Taxes
$1,689

Home Price

$2,650,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$530,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,334.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,334.38 $1,689.38 $0.00 $15,023.76
Yearly $160,012.57 $20,272.50 $0.00 $180,285.07
Total $4,800,377.18 $608,175.00 $0.00 $5,408,552.18

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T20:35:47.000Z

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