Active
1627 W Summit Street
Long Beach CA, 90810
$1,575,000
$378.61 per sqft
Active
10 Beds
8 Baths
4,160 sqft
Residential
Built in 2017
Listed by Marcus Kassin with Coldwell Banker Realty 310-777-6200
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. * *
24361363
MLSⓇ ID
February 22, 2024
Listed
April 22, 2024
Updated
Map
1627 W Summit Street
Long Beach CA, 90810
Interior Features
Total Stories
1
Bedrooms
10
Total Bathrooms
8
Appliances
Dishwasher, Refrigerator, Dryer, Washer
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.15 Acres
Other Property Details
Area Name
11 - Westside
Days on Market
59
Garage
No
Parking
One Space
Parking Total
4
View
No
County
Los Angeles
Pool
No
Zoning
LBR2N
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
4/22/2024 | Price Change | $1,575,000 -5% |
Listing Contact: 310-777-6200
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/22/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 4/22/2024 at 4:08 AM UTC