$888,888
428 E 20th St , Long Beach, CA 90806
- 2,648
- sqft
- 1919
- year built
- Status:
- Active
- MLS #:
- OC26232138
- Neighborhood:
- Poly High (PH)
- County:
- Los Angeles
- Listed By:
- Lenny Spangler - HCM Real Estate
- Agent Phone:
- (949) 491-8672
- Agent Email:
- lenny.spangler@hcmrealestate.com
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.
Highlights
- Residential Income
- Triplex
- Built in 1919
- 0.1431 Acre Lot
- $0/ HOA
- 1 Car Garage
- 3 days on Market
-
- Year Built
- 1919
-
- Stories
- 2.0
-
- Architectural Style
- Craftsman
-
- Garage Spaces
- 1.0
-
- Parking Features
- Driveway, Paved, Garage, Concrete, Garage Faces Front, Gated, Door Single, Driveway Level
-
- Interior Features
- Ceiling Fans, Unfurnished
-
- Flooring
- See Remarks
-
- Pool Features
- None
-
- Security Features
- Window Bars
-
- Cooling
- None
-
- Heating
- Wall Furnace
-
- Acres
- 0.1431
-
- Lot Features
- Level, Rectangular Lot, Front Yard, Street Level, Two To Five Units Acre
-
- View
- None
-
- Utilities
- Cable Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected, Phone Available
-
- Water
- Public
-
- Area
- 9 - Poly High
-
- County
- Los Angeles
-
- City
- Long Beach
-
- Neighborhood
- Poly High (PH)
-
- Zip Code
- 90806
-
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There are currently 1328 properties available in Long Beach, with 68 under contract to close soon. Properties in the city have an average sale price of $878,927 and typically spend 65 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 428 E 20th St?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $888,888. We can talk through recent upgrades, potential seller motivation, how this triplex compares to others in Long Beach, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 428 E 20th St?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 428 E 20th St at around $4,820. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 428 E 20th St?
In most cases, yes. Whether 428 E 20th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Long Beach's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $888,888 with 2,648 sqft of space—that comes out to approximately $336 per square foot.
How long has this property been on the market?
428 E 20th St was listed on November 05, 2026, which means it's been on the market for 3 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1919, making it approximately 107 years old.
What is the lot size of this property?
428 E 20th St sits on a 0.14-acre lot, which is 6,098 square feet.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $0.
Is 428 E 20th St still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Based on information from California Regional Multiple Listing Service as of November 08, 2026 at 03:17AM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: November 08, 2026 at 03:17AM | Source: California Regional Multiple Listing Service | MLS#: OC26232138
