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428 E 20th Street, Long Beach
$888,888
OC26232138 MLS ⋅ Active Status
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 finishes—open layouts, designer tile, quartz counters, in-unit laundry, and mini-split HVAC systems—to maximize capitalization rates or realize significant equity upon resale. **Flexible Exit Strategies:** *Buy-and-Hold:* Complete the rehab, refinance into long-term debt, and hold a high-performing multi-family asset in a supply-constrained Southern California market. *Fix-and-Flip:* Maximize margins by renovating the rear units, refreshing exterior curb appeal, and reselling to an investor seeking a stabilized, turnkey multi-unit asset. Triplex configurations featuring a detached primary home rarely come to market with this level of untapped equity. Whether you are looking to build a resilient cash-flowing portfolio or execute a high-return renovation project, this Long Beach property delivers the footprint, flexibility, and upside to hit your target returns.

428 E 20th Street, Long Beach

1876 Myrtle, Long Beach
$759,000
PW26038156 MLS ⋅ Active Status
This triplex offers an excellent investment opportunity in one of Long Beach’s desirable and established residential neighborhoods. Situated on a single lot, the property features three individual units, each with its own private garage and separate yard area, providing tenants with added convenience, privacy, and a single-family home feel—an attractive feature that helps support long-term tenancy and rental stability. This property is ideal for investors who are just beginning their real estate investment journey, as well as seasoned investors seeking to add a solid, income-producing asset to their portfolio. The units will not be delivered vacant but the seller may consider relocation assistance. Located in a quiet and well-established area of Long Beach, the surrounding neighborhood is primarily composed of single-family homes and other well-maintained residential income properties, contributing to the area’s overall stability and desirability. The property is conveniently located near shopping centers, restaurants, schools, and essential services, and offers easy access to downtown Long Beach, where tenants can enjoy dining, entertainment, and coastal attractions. With its strong location, private garages, individual yard spaces, and reliable income stream, this triplex represents a rare opportunity to acquire a versatile and appealing investment property in one of Southern California’s most dynamic rental markets.

1876 Myrtle, Long Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . 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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