Home | Los Angeles County | Long Beach | 90813 | 920 N Park
MLS: CRSB26199827 | Status: | Price: $1,595,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,316 | 1923 |
This clean, well-maintained property presents a great opportunity for those looking to own a stable asset that is east to manage and operate. Located directly across from Drake Park in Long Beach's historic Drake Park/Wilmore City neighborhood, there are 6 large units within 2 structures on a 7,316sqft lot with 5 garages. Priced at a 10.99 GRM and 6.0% cap rate, the property offers immediate upside with 5 of 6 units eligible for rent increases, plus long-term value-add potential via 5 single-car garages that may allow for future ADU conversion. 5 of 6 units tastefully renovated in 2021 and recent capital improvements include new exterior stairs, new water heaters in 4 of 6 units, and upgraded breakers/subpanels. The lot features a charming central courtyard, and it's located across the street from the Historic Drake Park with proximity to over $8 billion in ongoing and planned development near Downtown Long Beach and the Waterfront. This is a great deal for all investors, especially those that need the end of the year tax shelter benefits and/or those currently in a 1031 exchange.
| Field | Value |
|---|---|
| MLS # | CRSB26199827 |
| MLS Source | California Regional MLS |
| Days on Site | 6 |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 5 Car(s) |
| Listing Agent | Co-Listing Agent |
|---|---|
| Kristen Mussenden | Matthew Mahowald |
| Buckingham Investments, Inc | |
| License #: 02096276 | License #: 02001732 |
| Phone: (407) 341-3254 | Phone: – |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Edison Elementary School | public | K-5 | 0.22 mi | 3 |
| Chavez Elementary School | public | K-5 | 0.55 mi | 6 |
| International Elementary School | public | K-5 | 0.65 mi | 5 |
| Renaissance High School For The Arts | public | 9-12 | 0.65 mi | 8 |
| Educational Partnership High School | public | 9-12 | 0.90 mi | 3 |
| Stevenson Elementary School | public | K-5 | 1.04 mi | 5 |
| Roosevelt Elementary School | public | K-5 | 1.09 mi | 5 |
| Polytechnic High School | public | 9-12 | 1.24 mi | 7 |
| Cabrillo High School | public | 9-12 | 1.40 mi | 3 |
| Lincoln Elementary School | public | K-5 | 1.43 mi | 7 |
| Franklin Classical Middle School | public | 6-8 | 1.44 mi | 4 |
| Garfield Elementary School | public | K-5 | 1.51 mi | 5 |
| Burnett Elementary School | public | K-5 | 1.67 mi | 4 |
| Lafayette Elementary School | public | K-5 | 1.69 mi | 5 |
| Whittier Elementary School | public | K-5 | 1.84 mi | 5 |
| Hudson K-8 | public | K-5 | 1.89 mi | 6 |
| Robinson Academy | public | K-8 | 1.91 mi | 5 |
| Washington Middle School | public | 6-8 | 1.91 mi | 4 |
| Jessie Nelson Academy | public | 6-8 | 2.15 mi | 3 |
| Burbank Elementary School | public | K-5 | 2.15 mi | 7 |
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This listing information is up-to-date as of September 11, 2026. For the most current information, please contact Kristen Mussenden, (407) 341-3254.