1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
1627 W Summit St
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$1,575,000

1627 W Summit St

10 Beds 4,160 Sq.Ft.

Description

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. * *

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Location

1627 W Summit St, Long Beach, CA 90810

Status

For Sale

Property Amenities

View additional property information below.
Interior
Appliances Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
Total Bedrooms: 10
Area & Lot
Lot Area 6,320 Sq.Ft.
Living area 4,160 Sq.Ft.
MLS® ID 24-361363
Year Built 2017
Type Residential
Status For Sale
Exterior
Air conditioning Wall Unit(s)
Heat type Wall
Parking Parking Space
Finance
Sales Price $1,575,000

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