428 E 20th Street, Long Beach, CA 90806
Local realty services provided by:CENTURY 21 Masters
428 E 20th Street,Long Beach, CA 90806
$888,888
- 7 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: lenny spangler
Office: hcm real estate
MLS#:OC26232138
Source:San Diego MLS via CRMLS
Price summary
- Price:$888,888
About this home
Calling all Fixer Upper Investors!! **Exceptional Value-Add Triplex Opportunity in High-Demand Long Beach** Positioned on a single parcel in a strong rental submarket of Long Beach, this three-unit residential property offers a rare combination of immediate utility and substantial upside. Featuring a 3 bedroom detached front residence alongside a separate rear duplex, the setup provides the exact floor plan and configuration sought after by both value-add investors and aggressive fix-and-flip operators. **Front Unit (Detached Single-Family Feel):** Well-maintained and in turnkey condition. This unit requires minimal upfront capital expenditure, allowing an owner-user to live comfortably while renovating the rear, or an investor to secure immediate in-place cash flow on day one. **Rear Units (2-Unit Structure):** Two detached units situated directly behind the front home, both primed for a complete down-to-the-studs refurbishment. Bring your contractor and vision to reimagine the layouts, modern finishes, and system upgrades to capture peak market rents. ## Key Investment Highlights: **Immediate Rental Income or House-Hack Setup:** The functional front home eliminates downtime risk, serving as an immediate revenue generator or on-site base of operations during construction. **Significant Rent & Equity Upside:** Transform the distressed rear duplex to market-rate finishesopen layouts, designer tile, quartz counters, in-unit laundry, and mini-split HVAC systemsto maximize capitalization rates or realize significant equity upon resale. **Flexible Exit Strategies:** *Buy-and-Hol...
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Home facts
- Subdivision & Development:Poly High (PH)
- Listing ID #:OC26232138
- Added:1 day(s) ago
- Updated:November 06, 2026 at 01:17 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
Structure and exterior
- Roof:Composition
- Levels:2 Story
Finances and disclosures
- Price:$888,888
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