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For sale
  • Listed by: Won Suk Kim Real Estate, Inc. • Ixbalanque Garcia • Contact: 323-202-5885
    Price cut: $100K (5/19)
    $2,650,000

    973 N Park Cir, Long Beach, CA 90813

    18beds
    10baths
    6,643sqft
    : 
    $18,014/mo
    Get pre-qualified
    Multi Family
    Built in 1903
    -- sqft lot
    $-- Zestimate®
    $399/sqft
    $-- HOA

    What's special

    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.
    94 days
    |
    89
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ixbalanque Garcia DRE #02035537 323-202-5885,

    Won Suk Kim Real Estate, Inc.

    Source: CRMLS,MLS#: DW26088637MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 18
      • Bathrooms: 10
      Heating
      • Ductless
      Cooling
      • Ductless
      Appliances
      • Laundry: Common Area
      Features
      • Flooring: Laminate
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 6,643
      • Total interior livable area: 6,643 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: None
      • Uncovered spaces: 8
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 4
      • Pool features: None
      • Has view: Yes
      • View description: Back Bay, City Lights, Park/Greenbelt
      • Has water view: Yes
      • Water view: Back Bay
      Lot
      • Size: 9,549 Square Feet
      • Features: 6-10 Units/Acre
      Details
      • Parcel number: 7271021010
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1903

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Street Lights
      • Subdivision: Willmore District (Wm)
      Location
      • Region: Long Beach

      Financial & listing details

      • Price per square foot: $399/sqft
      • Tax assessed value: $1,478,040
      • Annual tax amount: $20,695
      • Date on market: 4/23/2026
      • Cumulative days on market: 95 days
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
      • Tenant pays: All Utilities

        Foreclosure details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,937/mo

        Price history

        DateEventPrice
        5/19/2026Price change$2,650,000-3.6%$399/sqft
        Source: CRMLS #DW26088637 Report a problem
        4/24/2026Listed for sale$2,750,000+89.9%$414/sqft
        Source: CRMLS #DW26088637 Report a problem
        2/18/2026Listing removed$2,200
        Source: CRMLS #DW25253570 Report a problem
        11/4/2025Listed for rent$2,200
        Source: CRMLS #DW25253570 Report a problem
        10/10/2023Sold$1,448,000-3.3%$218/sqft
        Source: CRMLS #PW23125779 Report a problem
        8/9/2023Pending sale$1,498,000$226/sqft
        Source: CRMLS #PW23125779 Report a problem
        7/13/2023Listed for sale$1,498,000+306%$226/sqft
        Source: CRMLS #PW23125779 Report a problem
        1/3/2003Sold$369,000$56/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$20,695 +4.4%$1,478,040 +2%
        2024$19,825 +141.5%$1,449,080 +181.5%
        2023$8,209 +5.9%$514,742 +2%
        2022$7,750 +2.7%$504,671 +2%
        2021$7,543 +0.3%$494,798 +1%
        2020$7,521 $489,737 +2%
        2019$7,521 +5.9%$480,157 +2%
        2018$7,105 $470,765 +2.2%
        2017$7,105 +1.1%$460,476 +2%
        2016$7,029 +7.8%$451,448 +1.5%
        2015$6,522 +3.8%$444,668 +2%
        2014$6,281 $435,959 +2.5%
        2012-- $425,481 +2%
        2011-- $417,139 +0.8%
        2010-- $414,022 -0.2%
        2009-- $415,007 +2%
        2008-- $406,870 +2%
        2007-- $398,893 +2%
        2006-- $391,072 +4%
        2004-- $375,888 +62.7%
        2002-- $231,000 +15.5%
        2000-- $200,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Willmore City

        Getting around

        75 / 100
        Very Walkable
        61 / 100
        Good Transit
        86 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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