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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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428 E 20th Street Long Beach, CA 90806
$888,888 0 beds, 0 baths
0 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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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.

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# OC26232138
List price is $888,888
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1919
2 stories
0.14 acres
Lot size: 0.1431
Subdivision: Poly High (PH)
County: Los Angeles
Property style: Craftsman
Interior features: Ceiling Fan(s),Unfurnished
Parking description: Concrete,Driveway Level,Door-Single,Driveway,Garage Faces Front,Garage,Gated,Paved
Lot description: TwoToFiveUnitsAcre,Front Yard,Level,Rectangular Lot,Street Level
Heating/cooling: None
Heating description: Wall Furnace
MLS area: 9 - Poly High

Last Updated: 11/6/2026

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This listing belongs to the 9 - Poly High MLS area

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The style of this listing is Craftsman.
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Lat/Long: 33.793227, -118.187525.
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Listing Agent: Lenny Spangler
Lic#: 01209777
Broker: Courtesy of HCM Real Estate

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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