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1624 Summit Street, Long Beach, CA 90810
Priced at Only: $959,000
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Address: 1624 Summit Street, Long Beach, CA 90810
Property Location and Similar Properties
- MLS#: 26665817 ( )
- Street Address: 1624 Summit Street
- Viewed: 1
- Price: $959,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1954
- Bldg sqft: 0
- Days On Market: 4
- Additional Information
- County: LOS ANGELES
- City: Long Beach
- Zipcode: 90810
- Provided by: The Agency
- Contact: Jonathan Jonathan

- DMCA Notice
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Description3 units in Long Beach NOT subject to local rent control. 3 units in Long Beach subject to AB 1482 rent control maximum annual increase of 5% + CPI (currently 8.0%). Located on a beautiful, quiet, tree lined street. Excellent Owner User opportunity as well live in one unit and offset your mortgage with the rent from the others. All 3 units are rented for a total of $6,100 per month (with another $350/month from Laundry & Storage). The property has a 3 car garage in the back (separate structure) which could be converted to ADU's Buyer to verify. Adding additional units could generate significant rental income. It also features onsite laundry and has a storage space currently rented for $200/month. The property is well maintained and has been updated as follows: Completely replaced and upgraded electrical service including main and sub panels with 200 amp service (fully permitted) done in 2025. Installed new common laundry room done in 2023 (generates $50/mo per unit = $150/mo total). EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Features
Building Area Total
- 2164.00
Cooling
- None
Country
- US
Heating
- Wall Furnace
Levels
- One
Netoperatingincome
- 48000.00
Parcel Number
- 7431027013
Parking Features
- Assigned
Postalcodeplus4
- 4041
Sourcesystemkey
- 26665817:CLAW
Totalexpenses
- 26800.00
Year Built
- 1954
Zoning
- LBR2N
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com











