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Listed by: Jonathan Swire (310) 948-2631 DRE #01336277 | The Agency (424) 230-3700
$958,500
5 Beds
3 Baths
2,164sqft
1624 W Summit St, Long Beach, CA 90810
$958,500
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Multi Family
Built in 1954
$-- HOA
6,520 sqft lot
$443/sq.ft
Description
The Best Priced Triplex in Long Beach. 3 units in Long Beach NOT subject to local rent control, only 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. 1 1+1 and 2 2+1's. 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 feature...
Continue Reading- Houzeo last checked: 41 Minutes ago
- Listing updated: April 26, 2026 at 5:27 pm
- Source: California Regional MLS-CA | MLS#: 26665817
Property Details
Status
Pending
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1954
HOA Fees
-
Finished Area
2,164 sqft
Lot Size
6,520 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26665817
MLS Status
Pending
Days on Market
76
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