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Back 1624 W Summit St
Off Market

1624 W Summit St

Long Beach CA 90810

5
3
3
2164 sq. ft.
6520 sq. ft.
Other
Last sold for $940,000
Jonathan SwireJonathan Swire, last sold this property on 23 June 2026 after 96 days on market.

Overview

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 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).

Features

5 bedrooms
3 bathrooms
3 carspaces
2164 sq. ft. floor area
6520 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 5 bedroom other properties sold in Long Beach over the last 12 months.

Property history for 1624 W Summit St

2026
Sold
$940,000
23 Jun 2026 by Jonathan Swire, of The Agency
2023
Sold
$890,000
14 Jun 2023 by Robert Compean, of Urban Street Ventures, Inc
2017
Sold
$500,000
13 Dec 2017 by Judy Borowski, of Century 21 Discovery

Happy sellers in Long Beach

87%
87% of sellers in Long Beach reported that their sale price either exceeded or met their price expectations.

Long Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Long Beach over the last 12 months.

Local market activity for 5 bedroom other properties in Long Beach

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