428 E 20th Street, Long Beach, CA 90806
428 E 20th Street, Long Beach, CA 90806
428 E 20th Street, Long Beach, CA 90806
26
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$888,888
Est. payment /mo
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7 Beds
3 Baths
6,233 Sqft Lot
New

428 E 20th Street Long Beach, CA 90806

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Jeremy Beck- Admin

Jeremy Beck- Admin

+1(858) 395-1114

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID OC26232138

Bedrooms 7

Lot Size 6,233 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Use Navigation

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7209010010

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

MLS Router / San Diego MLS
Listed by Lenny Spangler, DRE#01209777 HCM Real Estate 

NEARBY SCHOOL & BUSINESS

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Jeremy Beck- Admin

Jeremy Beck- Admin

Co-Founder / Mortgage Planner License ID: 322621

+1(858) 395-1114

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428 E 20th Street

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