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Listed by HCM Real Estate, Lenny Spangler, Listing Contact: 949-212-3703 
7 Beds
3 Baths

$888,888

428 E 20th Street, Long Beach CA, 90806

Price per sqftN/A
Property typeMulti-family

Overview

Active

Listed Nov 5, 2026

Updated 7h ago

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

$5,914/mo

Est. mortgage payment based on a $888,888 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
OC26232138

Interior Features

Bedrooms
7
Bathrooms
3
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

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Data last updated 2:51 PM UTC, 11/12/2026

   

 

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