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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

1819 Cerritos Avenue, Long Beach
$495,000
1 Beds ⋅ 1 Baths ⋅ RS26215643 MLS ⋅ Active Status
Turnkey 1-bedroom, 1-bath home in Long Beach that qualifies for up to $20,000 in grant funds for eligible buyers! This home has been fully remodeled and features an updated kitchen and bathroom, new plumbing and electrical, air conditioning, along with washer and dryer hookups inside. The home also features a built-in Murphy bed, giving you additional space for guests when needed. Outside, there is a detached garage that adds the possibility of an ADU if chosen or just simply extra storage, while there is additional off-street parking outside the gate of the property. Conveniently located near Downtown Long Beach, Signal Hill, Long Beach City College, Martin Luther King Jr. Park, walking trails, shopping, dining, and easy freeway access. A great opportunity for a first-time homebuyer looking for a remodeled, move-in-ready home in Long Beach, or even investors looking for an attractive buy-and-hold property with major upside.

1819 Cerritos Avenue, Long Beach

302 E 19th Street Unit 7, Long Beach
$425,000
2 Beds ⋅ 2 Baths ⋅ 26852679 MLS ⋅ Active Under Contract Status
Bright, airy and built in 2007, this 2-bedroom, 1.5-bathroom townhome features high ceilings and plenty of natural light. The lower level consists of the living room and kitchen, along with the convenience of a half bathroom and laundry room. Stainless steel appliances and forced heat ensure a comfortable lifestyle. There is currently a combo washer/dryer within the laundry room, however, there was previously a stacked washer + dryer in the same space. Sliding glass doors lead out to the private balcony, perfect for morning coffee or simply enjoying the California indoor-outdoor living. Heading to the second level, the skylight allows even more natural light to fill the space. This upstairs area contains both bedrooms and a full bathroom located off the hallway. One dedicated parking space is within the enclosed garage directly below the unit. Adjacent to the parking space is an additional storage area. No units are situated above or below this unit.

302 E 19th Street Unit 7, 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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