973 N ParkLong Beach, CA 90813

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.

Property Information

Property type

Residential Income

Sub-type

Apartment

Year built

1903

Stories

2

Building area

6,643 Sq Ft

Lot size

0.22 acres

Parking spaces

8

Days on market

193

MLS^® Listing#

DW26088637

Property Features

Cooling

Ductless

Heating

Ductless

Flooring

Laminate

Fireplace

None

Pool

None

Parking

None

Laundry

Common Area

Community

Street Lights

Sewer

Public Sewer

Water source

Public

Parcel number

7271021010

Directions

North on Chestnut then turn left on 9th Street