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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
323 E Dayman Unit 3, Long Beach
$499,000
3 Beds ⋅ 2 Baths ⋅ OC26183042 MLS ⋅ Active Status
Price Improvement ~ Price Improvement ~ Seller is open to credits toward an interest rate buydown with a strong offer. Welcome to this beautifully updated 3-bedroom, 2-bath condo offering a bright, spacious, and inviting place to call home. The open-concept layout features an expansive kitchen that flows seamlessly into the living and dining areas, creating an ideal space for everyday living and entertaining. Tall ceilings and abundant natural light give the home an airy, open feel, while large windows showcase beautiful views of lush trees and the peaceful courtyard. The well-designed floor plan provides comfortable living spaces and three bedrooms, offering flexibility for guests, a home office, or additional living needs. Enjoy the convenience of an inside laundry area, along with a private 1-car garage providing convenient parking and additional storage. Beautifully updated and thoughtfully laid out, this condo combines generous living spaces, natural beauty, and everyday convenience—an inviting opportunity to enjoy comfortable Southern California living. Do not miss out on this opportunity ~ Your New Home Awaits!

323 E Dayman Unit 3, 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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