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1321 W Summit St, Long Beach, CA 90810
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1321 W Summit St Long Beach, CA 90810

$915,000 Sold Price as of 04/01/2022
  • 16 Beds
  • 0 Baths
  • 2,496 Sq.Ft.
Sold
$915,000 Sold Price as of 04/01/2022 Refinance Your Mortgage
Map preview of 1321 W Summit St, Long Beach, CA 90810

Property Overview: 1321 W Summit St Long Beach, CA has 16 bedrooms, -- bathrooms, 2,496 living square feet and 8,423 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4 units apartment, nice condition and location

Listed by Ping Wang | BRE #01328501 | Presidential Inc
Last checked: 8 minutes ago | Last updated: April 7th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,423
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
TR22025983
City
Long Beach
County
Los Angeles
Time on Site
953 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 4
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $2,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $48,000
  • Net Operating Income: $34,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,000
  • Electric: $500
  • Gas/Fuel: $0
  • Trash: $720
  • Insurance: $1,000
  • Water/Sewer: $1,000

Property Details for 1321 W Summit St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: Front Yard, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7431022018
  • Year Built Source: Estimated
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: summit street and harbor ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1321 W Summit St

Last sold for $915,000 on April 1st, 2022

  • April, 2022

  • Apr 7, 2022

    Date

    Sold

    CRMLS: TR22025983

    $915,000

    Price

  • Feb 9, 2022

    Date

    Pending

    CRMLS: TR22025983

    $915,000

    Price

  • Feb 9, 2022

    Date

    Active

    CRMLS: TR22025983

    $915,000

    Price

  • January, 2003

  • Jan 27, 2003

    Date

    Sold (Public Records)

    Public Records

    $290,000

    Price

  • February, 1998

  • Feb 10, 1998

    Date

    Sold (Public Records)

    Public Records

    $200,000

    Price

Show More

Tax History for 1321 W Summit St

Assessed Value (2020): $384,035
Year Land Value Improved Value Assessed Value
2020 $198,640 $185,395 $384,035

Home Value Compared to the Market

This property vs the competition

1321 W Summit St sold on April 1, 2022 for 11.72% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $366.59 per/sqft which puts the price per square foot 41.63% lower than the current median sale per square foot for the city of Long Beach.

About 1321 W Summit St

Detailed summary of property

1321 W Summit St is a multi family that recently sold in Long Beach, CA 90810. This multi family property offered 16 bedrooms, -- bathrooms, roughly 2,496 living square feet, and sits on an approximately 8,423 square foot lot. 1321 W Summit St was first listed on ArdentRealEstateGroup.com on February 9, 2022. The homeowner sold the property for $915,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 11.72% higher than the current median priced home. Local homes that are currently for sale include 1339 Peterson Ave, 2030 E Spaulding Way and 1746 E Florida St. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1321 W Summit St Long Beach, CA 90810 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1321 W Summit St

Public county record property details
Beds
4
Baths
4
Year built
1962
Sq. Ft.
2,496
Lot Size
8,423
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
27,29
APN
7431-022-018

The source for these homes facts are from public records.

90810 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$735,000
Median List Price/Sq.Ft.
$514
Median Sold Price
$725,000
Median Sold Price/Sq.Ft.
$548
Total Inventory
30
Median Sale to List Price %
98.17%
Avg Days on Market
43
Loan Type
Conventional (45.45%), FHA (36.36%), VA (9.09%), Cash (9.09%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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