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
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89
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Zillow last checked:
Listing updated:
Listed by:
Ixbalanque GarciaDRE #02035537323-202-5885,
Won Suk Kim Real Estate, Inc.
Source: CRMLS,MLS#: DW26088637Originating 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
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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