973 N Park

Long Beach, CA 90813
$2,750,000
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 toRead MoreRead Less
Property listed by Won Suk Kim Real Estate, Inc., Ixbalanque Garcia 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Property Type
Apartment
Lot Size
0.22 Acres
Year Built
1903
MLS Number
DW26088637
Property Location Map
Additional Details
Building
Built in 1903, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 4
Community
StreetLights
Cooling
Ductless
Expenses
Gardener: $2,400, Insurance: $9,037, Licenses: $480, Operating: $46,292
Fireplaces
None
Floors
Laminate
Heating
Ductless
Income
Gross Income: $174,507, Gross ScheduledIncome: $18,400, Net Operating Income: $174,508
Laundry
CommonArea
Lot
0.2192 acres, SixToTenUnitsAcre
Parking
8 open parking spaces, 8 total parking spaces, None
Pool
None
Property
BackBay, CityLights, ParkGreenbelt
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7271021010, Tax Block: E, Lot: 15
Tenant Pays
AllUtilities
Utilities
Water Source: Public, 8 separate electric meters, 8 separate gas meters
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Monthly Payment
$0
Michael Harby
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.