SoldJun 23, 2026

Listed by Jonathan Swire from The Agency

, 

Bought with Jocelyn Pierce

Source: Combined LA Westside Multiple Listing Service, Inc #26665817

1624 W Summit St, Long Beach, CA, 90810

$940,000

5
3
3
2164 sq. ft.
6520 sq. ft.

Other

•

28 days on the market

Sold: Jun 23, 2026

What's around 1624 W Summit St

About this property

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).

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