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973 N Park Cir, Long Beach, CA, 90813

18beds
10baths
6,643sqft
$2,750,000
$414price/sqft
$19,063/moest. monthly cost
$762,520/yrincome needed

About This Home

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.

Getting Around

75
WalkingVery Walkable
61
TransitGood Transit
86
BikeVery Bikeable

Schools

3/10
Edison Elementary SchoolGrades K-50.3 mi
4/10
Washington Middle SchoolGrades 6-80.6 mi
3/10
Cabrillo High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1903

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 10

Features

  • Flooring: Laminate
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Ductless
  • Cooling features: Ductless

Interior Area

  • Total structure area: 6,643
  • Total interior livable area: 6,643 sqft

Property

Details

  • Parcel number: 7271021010
  • Attached to another structure: Yes
  • Special condition: Standard

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

  • Lot size: 9,549 sqft
  • Features: 6-10 Units/Acre

Parking

  • Total spaces: 8
  • Parking features: None
  • Uncovered spaces: 8