Renovated Apartment
New
For Sale
Contact for pricing
920 N Park, Long Beach, CA 90813
Two-building multifamily property with renovated units, garages, and a central courtyard.
Property SizeContact for details
Lot Size0.17 Acres
Days on Market6
Property Features for 920 N Park
General Information
Standard status
Active
Total Parking Spaces
5
Lot size
0.17 Acres
Property subtype
Multifamily
Financials
Cap Rate
6%
Gross Rent Multiplier
10.99
Additional Details
Multifamily Units
6
Amenities
central courtyard
Building Details
Buildings
2
Listing Agency:
BUCKINGHAM INVESTMENTS
Listed By:
Krissy Mussenden · License #02096276
Source:
Crexi
Added: Sep 12
Changed: Sep 16
Last Checked: Sep 16 at 2:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BUCKINGHAM INVESTMENTS
Investment Insights
Based on property information with market context.
This multifamily property includes 6 units across 2 structures on a 7,316-square-foot lot. Five units were renovated in 2021, and the property includes 5 single-car garages along with a central courtyard. Recent capital work includes exterior stair replacement, new water heaters in 4 of 6 units, and upgraded breakers and subpanels.
The property is located at 920 N Park in Long Beach, directly across from Drake Park in the historic Drake Park/Wilmore City neighborhood. It is also near Downtown Long Beach and the Waterfront. The offering reflects a 10.99 GRM and a 6.0% cap rate, while 5 of 6 units are eligible for rent increases. The garages may also provide future ADU conversion potential, subject to applicable approvals.
The property is located at 920 N Park in Long Beach, directly across from Drake Park in the historic Drake Park/Wilmore City neighborhood. It is also near Downtown Long Beach and the Waterfront. The offering reflects a 10.99 GRM and a 6.0% cap rate, while 5 of 6 units are eligible for rent increases. The garages may also provide future ADU conversion potential, subject to applicable approvals.
Key Highlights
- 6 units in 2 structures on a 7,316‑square‑foot lot
- 5 of 6 units renovated in 2021
- 5 single‑car garages with possible future ADU conversion potential
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,018
Businesses Nearby
Explore this area
Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Two-building multifamily property with renovated units, garages, and a central courtyard.
Where is this apartment building located?
The property is located at 920 N Park Long Beach, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 6 units in 2 structures on a 7,316‑square‑foot lot; 5 of 6 units renovated in 2021; 5 single‑car garages with possible future ADU conversion potential
