1624 W Summit St Long Beach, CA 90810
Lower Westside NeighborhoodEstimated Value: $800,000 - $989,000
5
Beds
3
Baths
2,218
Sq Ft
$409/Sq Ft
Est. Value
Highlights
- Private Yard
- 3 Car Garage
- 1-Story Property
- Laundry Room
About This Home
As of June 2023GREAT LOOKING TRIPLEX. 2- TWO BED UNITS AND 1- ONE BED UNIT. 3-CAR GARAGE. 1622 W. SUMMIT ST. IS ALSO FOR SALE FOR $875,000. IT IS ALMOST IDENTICAL TRIPLEX.
Last Agent to Sell the Property
Urban Street Ventures, Inc License #01001161 Listed on: 05/03/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,954
Year Built
- Built in 1959
Lot Details
- 6,515 Sq Ft Lot
- No Common Walls
- Private Yard
Parking
- 3 Car Garage
- Parking Available
Home Design
- Triplex
Interior Spaces
- 2,218 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Urban Location
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 14 / 9
- Tax Tract Number 1833
- Assessor Parcel Number 7431027014
- $660 per year additional tax assessments
Community Details
Overview
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $5,267
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2023
Closed on
Jul 14, 2023
Sold by
Thorson Matthew and Thorson Laura
Bought by
West Summit Ventures Llc
Seller's Agent
Robert Compean
Urban Street Ventures, Inc
Buyer's Agent
Jeffrey Isenberg
Buckingham Investments, Inc
List Price
$875,000
Sold Price
$890,000
Premium/Discount to List
$15,000
1.71%
Total Days on Market
12
Views
174
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,890
Avg. Annual Appreciation
-1.96%
Original Mortgage
$667,500
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 3, 2023
Closed on
May 19, 2023
Sold by
Tulip Holdings Llc
Bought by
Thorson Matthew and Thorson Laura
Seller's Agent
Robert Compean
Urban Street Ventures, Inc
Buyer's Agent
Jeffrey Isenberg
Buckingham Investments, Inc
List Price
$875,000
Sold Price
$890,000
Premium/Discount to List
$15,000
1.71%
Views
174
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,500
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 2, 2017
Closed on
Dec 18, 2017
Sold by
Urban Street Ventures Inc
Bought by
Marigold Holdings Llc
Seller's Agent
Judy Borowski
Century 21 Discovery
Buyer's Agent
Judy Borowski
Century 21 Discovery
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Purchase Details
Listed on
Aug 2, 2017
Closed on
Nov 9, 2017
Sold by
Toma Mieko and Toma Tlalka Kristine Y
Bought by
Urban Street Ventures Inc
Seller's Agent
Judy Borowski
Century 21 Discovery
Buyer's Agent
Judy Borowski
Century 21 Discovery
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Purchase Details
Closed on
Mar 20, 2017
Sold by
Marigold Holdings Llc
Bought by
Tulip Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.46%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 28, 2005
Sold by
Toma Hideo and Nakamura Kimiyo
Bought by
Toma Hideo and Toma Mieko
Similar Homes in Long Beach, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| West Summit Ventures Llc | -- | None Listed On Document | |
| Thorson Matthew | $890,000 | California Best Title | |
| Marigold Holdings Llc | -- | None Available | |
| Urban Street Ventures Inc | $500,000 | Chicago Title Company | |
| Tulip Holdings Llc | -- | North American Title | |
| Toma Hideo | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Thorson Matthew | $667,500 | |
| Previous Owner | Tulip Holdings Llc | $2,000,000 | |
| Previous Owner | Tulip Holdings Llc | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2023 06/14/23 | Sold | $890,000 | 0.0% | $401 / Sq Ft |
| 05/15/2023 05/15/23 | Pending | -- | -- | -- |
| 05/15/2023 05/15/23 | Price Changed | $890,000 | +1.7% | $401 / Sq Ft |
| 05/03/2023 05/03/23 | For Sale | $875,000 | +75.0% | $394 / Sq Ft |
| 12/13/2017 12/13/17 | Sold | $500,000 | -13.0% | $231 / Sq Ft |
| 10/23/2017 10/23/17 | Pending | -- | -- | -- |
| 10/17/2017 10/17/17 | Price Changed | $575,000 | -11.5% | $266 / Sq Ft |
| 08/02/2017 08/02/17 | For Sale | $650,000 | -- | $300 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,954 | $907,800 | $612,000 | $295,800 |
| 2023 | $8,844 | $656,184 | $382,775 | $273,409 |
| 2022 | $8,310 | $643,319 | $375,270 | $268,049 |
| 2021 | $8,140 | $630,706 | $367,912 | $262,794 |
| 2019 | $8,025 | $612,000 | $357,000 | $255,000 |
| 2018 | $7,743 | $600,000 | $350,000 | $250,000 |
| 2017 | $1,194 | $57,397 | $21,724 | $35,673 |
| 2016 | $1,107 | $56,273 | $21,299 | $34,974 |
| 2015 | $1,075 | $55,429 | $20,980 | $34,449 |
| 2014 | $1,088 | $54,345 | $20,570 | $33,775 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Compean
Seller's Agent in 2023
Robert Compean
Urban Street Ventures, Inc
(949) 241-9644
2 in this area
56 Total Sales
-
Jeffrey Isenberg
Buyer's Agent in 2023
Jeffrey Isenberg
Buckingham Investments, Inc
(310) 982-7055
1 in this area
16 Total Sales
-
Judy Borowski
Seller's Agent in 2017
Judy Borowski
Century 21 Discovery
(714) 329-6333
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23075869
APN: 7431-027-013
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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