NOT LISTED FOR SALE

1627 W Summit St Long Beach, CA 90810

Lower Westside Neighborhood

Estimated Value: $1,144,000 - $1,341,093

8 Beds
6 Baths
3,360 Sq Ft
$379/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2022

Last sale price $1,185,000 $353 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,293 / mo

5 Days on Market

Highlights

  • Fireplace in Bathroom
  • Side by Side Parking
  • Tankless Water Heater
  • 4 Car Garage
  • Laundry Room
  • Water Purifier

About This Home

As of May 2022

Bright, spacious duplex only 5 years old! Each unit boasts 1680 square feet, 4 bedrooms, 3 bathrooms, open kitchen, as well as its own comfortable outdoor space, laundry room, 2 car garage, tankless water heater & water filtration system. Front unit is occupied and rear unit will be delivered vacant. Each unit is separately metered--landlord only pays for water and gardening. This is a fantastic opportunity for an owner-user or investor to own an income property in a quickly appreciating area! **PLEASE DO NOT DISTURB TENANTS IN FRONT UNIT (1629). FOR SHOWINGS, PLEASE WALK ALONG THE LEFT SIDE OF THE BUILDING TO THE BACK UNIT (1627).**

Last Agent to Sell the Property

Brian Pincus

Keller Williams Beverly Hills License #01886990 Listed on: 04/29/2022

Keller Williams Beverly Hills

Last Buyer's Agent

Marcus Kassin

The Agency License #01216904

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 6,320 Sq Ft Lot
  • Property is zoned LBR2N

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Side by Side Parking

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Water Purifier

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • The owner pays for gardener
  • Assessor Parcel Number 7431-019-032

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

6,320 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3360
  • Lot Acreage: 0.1451
  • Probate: No
  • Stories: 2
  • Year Built: 2017
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Bath, Kitchen, Living Room
  • Flooring: Laminate, Carpet
  • Bedrooms: 8
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside, In Unit, Room
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Garbage Disposal, Water Filter, Washer, Dryer, Refrigerator
  • Price Per S Q F T: 334.79

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 2
  • Covered Parking: 4
  • Garage Structures: 2
  • Parking Garage: Garage Is Detached, Garage - 2 Car, Garage, Side By Side
  • Total Parking: 6

Utilities

  • Water Heater: Tankless
  • Heating: Forced Air
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2000.00
  • Maintenance Expense: 3870.00
  • Management Expense: 3870.00

Lot Info

  • Assessed Improvement Percent: 57.58
  • Assessed Improvement Value: 499309
  • Assessed Land Percent: 42.42
  • Assessed Land Value: 367912
  • Total Assessed Value: 867221
  • Assessor Parcel Number: 7431-019-032
  • Lot Size Area: 6320

Rental Info

  • Owner Pays: Gardener
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.53
  • Number Of Units: 2
  • Type Of Units: Duplex
  • Vacancy Allow: 3870
  • Vacancy Allow Percent: 5.00

Tax Info

  • Tax Expense: 14062.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 17, 2022
Sold by
Bought by
Seller's Agent
Brian Pincus
Keller Williams Beverly Hills
Buyer's Agent
Marcus Kassin
The Agency
List Price
$1,124,900
Sold Price
$1,185,000
Premium/Discount to List
$60,100
5.34%
Current Estimated Value
$1,274,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,773
Avg. Annual Appreciation
1.78%
Original Mortgage
$1,060,000
Interest Rate
0.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2017
Closed on
Sep 6, 2017
Sold by
Bought by
Seller's Agent
Dave Smith
REMAX Professionals
Buyer's Agent
Jason Devor
Hit Home Realty
List Price
$829,900
Sold Price
$825,000
Premium/Discount to List
-$4,900
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$810,057
Interest Rate
0.0387%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 19, 2016
Closed on
Jun 17, 2016
Sold by
Bought by
Seller's Agent
Michelle Suh
KORUS Real Estate
Buyer's Agent
Juven Zapata
List Price
$200,000
Sold Price
$243,000
Premium/Discount to List
$43,000
21.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
172.35%

Purchase Details

Closed on
Aug 30, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,185,000 Fidelity National Title
$825,000 Ticor Title Company Of Ca
$243,000 Chicago Title Company
-- --
$10,000 California Counties Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $120,000
Open $1,093,000
Closed $1,060,000
Previous Owner $803,000
Previous Owner $810,057
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2022 05/26/22 Sold $1,185,000 +5.3% $353 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $1,124,900 +36.4% $335 / Sq Ft
09/11/2017 09/11/17 Sold $825,000 -0.6% $246 / Sq Ft View Prior Sale
08/01/2017 08/01/17 Pending -- -- --
07/22/2017 07/22/17 For Sale $829,900 0.0% $247 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
05/25/2017 05/25/17 Price Changed $829,900 -4.5% $247 / Sq Ft
05/10/2017 05/10/17 For Sale $869,000 +257.6% $259 / Sq Ft
06/23/2016 06/23/16 Sold $243,000 +21.5% -- View Prior Sale
03/14/2016 03/14/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $200,000 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,901 $1,257,530 $620,806 $636,724
2024 $16,103 $1,232,874 $608,634 $624,240
2023 $15,831 $1,208,700 $596,700 $612,000
2022 $11,064 $884,565 $375,270 $509,295
2021 $10,838 $867,221 $367,912 $499,309
2019 $10,487 $841,500 $357,000 $484,500
2018 $3,067 $252,817 $252,817 $0
2016 $648 $54,720 $54,720 $0
2015 $622 $53,899 $53,899 $0
2014 $619 $52,844 $52,844 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Pincus

    Seller's Agent in 2022

    Brian Pincus

    Keller Williams Beverly Hills

    (310) 261-1843

    1 in this area

    20 Total Sales

    Brian Pincus
    Section Image
  • Marcus Kassin

    Buyer's Agent in 2022

    Marcus Kassin

    The Agency

    (310) 777-6200

    1 in this area

    33 Total Sales

    Marcus Kassin
    Section Image
  • Dave Smith

    Seller's Agent in 2017

    Dave Smith

    REMAX Professionals

    (562) 824-8444

    75 Total Sales

    Dave Smith
    Section Image
  • Jason Devor

    Buyer's Agent in 2017

    Jason Devor

    Hit Home Realty

    (949) 600-0776

    27 Total Sales

    Jason Devor
    Section Image
  • Michelle Suh

    Seller's Agent in 2016

    Michelle Suh

    KORUS Real Estate

    (213) 220-6005

    14 Total Sales

    Michelle Suh
    Section Image

  • J

    Buyer's Agent in 2016

    Juven Zapata

See All Agents

Map

Source: The MLS

MLS Number: 22-151391

The MLS

APN: 7431-019-032

California Los Angeles County Long Beach 90810 Lower Westside

1627 W Summit St, Long Beach, CA

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The MLS © 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.
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