$1,575,000 - 1627 Summit Street, Long Beach
- 10Beds
- 8Baths
- 4,160SQ. Feet
- 0.15Acres
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. * *
Sales Agent
Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent NowEssential Information
- MLS® #:24361363
- Price:$1,575,000
- Bedrooms:10
- Bathrooms:8.00
- Square Footage:4,160
- Acres:0.15
- Year Built:2017
- Type:Residential Income
- Status:Active
- Listing Agent:Marcus Kassin
- Listing Office:Coldwell Banker Realty
Community Information
- Address:1627 Summit Street
- Area:11 - Westside
- City:Long Beach
- County:Los Angeles
- Zip Code:90810
Amenities
- Parking Spaces:4
- Parking:One Space
- Garages:One Space
Interior
- Appliances:Dishwasher, Dryer, Refrigerator, Washer
- Heating:Wall Furnace
- Stories:Multi/Split, One
Additional Information
- Date Listed:February 22nd, 2024
- Days on Market:65
- Zoning:LBR2N
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Back to Results- City:
- Long Beach
- Price Range:
- $725,000 - $4,500,000
- Current Listings:
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- HOA Dues:
- $0
- Average Price per Square Foot:
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Westside/north Of Willow (wnw)
- City:
- Long Beach
- Price Range:
- $1,250,000 - $1,555,000
- Current Listings:
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- HOA Dues:
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- City:
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- Price Range:
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- Current Listings:
- 1
- HOA Dues:
- $0
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Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 11:50am CDT. 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, 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.