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$1,575,000

Listing Price

10beds

6baths

4,160sqft

6,320sqft lot

1627 W Summit St, Long Beach, CA 90810

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

329.09

Price / sqft

2017

Year built

Home Details

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. * *

Interior Details

Square Feet
  • 4160

Bedrooms
  • 10

Bathrooms
  • 6

Heating
  • Has Heating:

    No

  • Heating Type:

    None

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    No

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6320

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$10,487

$364,140

$494,190

--%

$858,330

2019

$10,487

$357,000

$484,500

--%

$841,500

0

$0

$0

$0

--%

$0

percent-home-icon

Average Home Price in 90810

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,575,000

10 Beds

6 Baths

4,160 Sqft

6,320 Lot (sqft)

Sold 02/22/2024

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,575,000
$
Down payment
315,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
9,450
$
HOA (Monthly)
0
$
PMI
0
$
$10,195
Your Payment
Total Monthly Payment:$10,195
Percent of Income:175%
Affordable:No
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Details for 1627 W SUMMIT ST

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Property Debt

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Foreclosure Contact Details

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Current Owner

Transaction History

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