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Sold for $940,000
  • $940,000

    1624 W Summit St, Long Beach, CA 90810

    5beds
    3baths
    2,164sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $940,600 Zestimate®
    $434/sqft
    $3,020 Estimated rent

    Home value

    $940,600

    $894,000 - $988,000

    $3,020/mo

    Zestimate® history
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    Owner options

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    $3,020/mo

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    $3,020/mo

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    $5,913/mo

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    $5,913/mo

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    What's special

    Storage spaceOnsite laundryNew common laundry room
    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).

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Swire DRE # 01336277 310-948-2631,

    The Agency 424-230-3700

    Bought with:

    Jocelyn Pierce, DRE # 01974190

    eXp Realty of California Inc.

    Source: CLAW,MLS#: 26665817MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Wall
    Cooling
    • None
    Interior area
    • Total structure area: 2,164
    • Total interior livable area: 2,164 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Assigned
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,520 sqft
    Details
    • Additional structures: Other
    • Parcel number: 7431027013
    • Zoning: LBR2N
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1954

    Community & neighborhood

    Location
    • Region: Long Beach

    Price history

    DateEventPrice
    6/23/2026Sold$940,000-1.9%$434/sqft
    Source: CLAW #26665817 Report a problem
    4/26/2026Pending sale$958,500$443/sqft
    Source: CLAW #26665817 Report a problem
    4/25/2026Listed for sale$958,500$443/sqft
    Source: CLAW #26665817 Report a problem
    4/23/2026Pending sale$958,500$443/sqft
    Source: CLAW #26665817 Report a problem
    4/10/2026Price change$958,5000%$443/sqft
    Source: CLAW #26665817 Report a problem
    3/30/2026Price change$958,7000%$443/sqft
    Source: CLAW #26665817 Report a problem
    3/18/2026Listed for sale$959,000+7.8%$443/sqft
    Source: CLAW #26665817 Report a problem
    6/14/2023Sold$890,000$411/sqft
    Source: Public Record Report a problem
    5/15/2023Pending sale$890,000+1.7%$411/sqft
    Source: CRMLS #PW23075869 Report a problem
    5/4/2023Listed for sale$875,000+75%$404/sqft
    Source: CRMLS #PW23075869 Report a problem
    12/13/2017Sold$500,000-13%$231/sqft
    Source: Public Record Report a problem
    11/21/2017Pending sale$575,000$266/sqft
    Source: CENTURY 21 Discovery #PW17179079 Report a problem
    10/17/2017Price change$575,000-11.5%$266/sqft
    Source: CENTURY 21 Discovery #PW17179079 Report a problem
    8/4/2017Listed for sale$650,000$300/sqft
    Source: Century 21 Discovery #PW17179079 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,496 +4.5%$925,956 +2%
    2024$11,954 +35.2%$907,800 +38.3%
    2023$8,844 +6.4%$656,184 +2%
    2022$8,310 +2.1%$643,319 +2%
    2021$8,140 +0.3%$630,706 +1%
    2020$8,119 $624,240 +2%
    2019$8,119 +4.9%$612,000 +2%
    2018$7,743 $600,000 +945.4%
    2017$7,743 +548.7%$57,397 +2%
    2016$1,194 +7.8%$56,273 +1.5%
    2015$1,107 +1.8%$55,429 +2%
    2014$1,088 $54,345 +2.5%
    2012-- $53,041 +2%
    2011-- $52,002 +0.8%
    2010-- $51,614 -0.2%
    2009-- $51,738 +2%
    2008-- $50,724 +2%
    2007-- $49,730 +2%
    2006-- $48,755
    2005-- $48,755 +4%
    2004-- $46,864 +1.9%
    2003-- $46,006 +2%
    2002-- $45,105 +4%
    2000-- $43,356

    Find assessor info on the county website

    Neighborhood: West Side

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $940,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $940,600