1624 W Summit St Long Beach, CA 90810
Lower Westside NeighborhoodEstimated payment $6,112/month
About This Home
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).
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Interior Spaces
- 2,164 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 3 Parking Spaces
- Assigned Parking
Additional Features
- 6,520 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 7431-027-013
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $11,954 | $925,956 | $624,240 | $301,716 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/10/2026 04/10/26 | Price Changed | $958,500 | 0.0% | $443 / Sq Ft | |
| 03/30/2026 03/30/26 | Price Changed | $958,700 | 0.0% | $443 / Sq Ft | |
| 03/17/2026 03/17/26 | For Sale | $959,000 | +7.8% | $443 / Sq Ft | |
| 06/14/2023 06/14/23 | Sold | $890,000 | 0.0% | $401 / Sq Ft | View Prior Sale |
| 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 | View Prior Sale |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $890,000 | California Best Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $500,000 | Chicago Title Company | |
| Grant Deed | -- | North American Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $667,500 | New Conventional | |
| Previous Owner | $2,000,000 | Commercial |
Source: The MLS
MLS Number: 26665817
APN: 7431-027-013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 1629 W 19th St
- 1430 W 19th St
- 1410 W 20th St
- 2157 Gale Ave
- 2260 Easy Ave
- 2020 W 23rd St Unit 17
- 1860 San Francisco Ave Unit 1
- 2033 W Burnett St
- 2010 Golden Ave
- 2435 Gale Ave
- 2412 Gale Ave
- 2280 San Francisco Ave
- 2195 Maine Ave
- 2430 San Francisco Ave
- 1303 W Willow St
- 2636 Easy Ave
- 1950 Magnolia Ave
- 2673 Regway Ave
- 2385 Daisy Ave
- 902 Foote Ave
- 1629 W Summit St Unit 1627-B
- 1870 Harbor Ave
- 2232-2234 Santa fe Ave
- 2200 Easy Ave
- 2346 Seabright Ave
- 1765 Magnolia Ave
- 2076 Magnolia Ave
- 1850 Henderson Ave Unit 1850B
- 1487 Henderson Ave
- 2001 Cedar Ave Unit 11
- 1054 Maine Ave
- 1054 Maine Ave Unit 3
- 973 N Park Cir Unit 5
- 973 N Park Cir Unit 6
- 975 N Park Cir Unit A
- 975 N Park Cir Unit B
- 2317 Cedar Ave
- 1234 N Loma Vista Dr
- 1146-1152 Magnolia Ave
- 551 W 10th St Unit 3
Ask me questions while you tour the home.