Amazing investment opportunity! Best income to cost ratio in Long Beach, don't pass this opportunity up or you'll regret it. This four-unit building includes 2 BRAND NEW one bed, one bath ADUs, and 2 giant 4 bedroom 3 bath units. Approximately $120k gross income a year! The new units come complete with a/c in each room, shaker cabinets, tiled shower, luxury plank vinyl flooring and stainless-steel appliances. Each of the larger units boasts 1680 square feet, 4 bedrooms, 3 bathrooms, open kitchen, as well as its own comfortable outdoor space, laundry room, 2 tankless water heater & water filtration system. Each unit is separately metered--landlord only pays for water and gardening. This is a fantastic opportunity for an investor to own an income property in a quickly appreciating area! Walk through of units with accepted offer.* * PLEASE DO NOTDISTURB TENANTS. * *
This property is $785K more than the Median Sold Price and $234/SqFt less than other homes in Long Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24361363
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 777-6200
Listing Agent: Marcus Kassin
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/29/2024, 3:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 11, 2017
Sep 11, 2017Home Sold
$825,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Garfield Elementary School
2240 Baltic Ave
Distance between this listing and this school0.37 miles
Public District Grades KG-5
5
/10
Lafayette Elementary School
2445 Chestnut Ave
Distance between this listing and this school1.22 miles
Public District Grades KG-5
5
/10
Edison Elementary School
625 Maine Ave
Distance between this listing and this school1.48 miles
Public District Grades KG-5
Nearby Schools
3
/10
Hudson K-8
2335 Webster Ave
Distance between this listing and this school0.55 miles
Public Magnet Grades KG-8
3
/10
Stephens Middle School
1830 W Columbia St
Distance between this listing and this school1.12 miles
Public District Grades 6-8
3
/10
Washington Middle School
1450 Cedar Ave
Distance between this listing and this school1.27 miles
Public District Grades 6-8
Nearby Schools
2
/10
Cabrillo High School
2001 Santa Fe Ave
Distance between this listing and this school0.12 miles
Public Magnet Grades 9-12
4
/10
Renaissance High School For The Arts
235 E 8th St
Distance between this listing and this school1.77 miles
Public Magnet Grades 9-12
5
/10
Polytechnic High School
1600 Atlantic Ave
Distance between this listing and this school1.79 miles
The neighbors living near this home have an average income of $50,507. The most common annual income of people living in Long Beach, CA is between $35k-100k. Most families are married, with kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1627 W Summit St
What is the listing price of this property?
The listing price of 1627 W Summit St property is $1,575,000.
What type of property is this?
The property 1627 W Summit St is a house located in Long Beach, California, 90810.
Is this property for sale now?
Active Listing: 1627 W Summit St is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on September 11, 2017 for $825,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1627 W Summit St has 10 bedrooms and 8 bathrooms.
What is the square footage of this property?
The property 1627 W Summit St is 4,160 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1627 W Summit St is 2017.
This home is located at 1627 W Summit St in Long Beach, CA and zip code 90810 in the The Harbor neighborhood. This 4,160 square foot home, which was built in 2017, sits on a 0.15 acre lot. Features: 10 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $1,575,000.
While more than 76 listings in Long Beach, CA in March 2024 were sold above asking price, there were more than 39 listings sold at asking price, and more than 59 were sold below. The number of homes for sale in Long Beach, CA increased by 1.8% between February 2024 and March 2024. Listings spent 31 days on the market in March 2024, and had a median list price of $790,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.