1624 W Summit Street, Long Beach, CA 90810

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
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 11:32 PM

Rooms and interior

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

Heating and cooling

  • Heating:Wall Furnace

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
Based on information from California Regional Multiple Listing Service, Inc. as of March 18, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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