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1624 W Summit Street, Long Beach, CA 90810

Long Beach
Local realty services provided by:CENTURY 21 Valley Properties
1624 W Summit Street,Long Beach, CA 90810
$959,000
  • 5 Beds
  • 3 Baths
  • 2,164 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan swire
Office: the agency
MLS#:26665817
Source:CRMLS

Price summary

  • Price:$959,000
  • Price per sq. ft.:$443.16

About this home

3 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 =...

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Home facts

  • Year built:1954
  • Listing ID #:26665817
  • Added:1 day(s) ago
  • Updated:March 18, 2026 at 10:35 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Living area:2,164 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1954
  • Building area:2,164 sq. ft.
  • Lot area:0.15 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$959,000
  • Price per sq. ft.:$443.16

Parking

  • Total parking spaces:3
  • Parking description:Assigned
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