764 Terraine AvenueLong Beach, CA 90804

Description

Truly a one-of-a-kind "unicorn" property! Tucked away in the highly sought-after neighborhood of Alamitos Heights—an area almost exclusively made up of single-family homes—lies a rare residential income gem. Whether you’re looking to house-hack by living in one unit and renting out the other two, or aiming to add a high-demand income producer to your portfolio, the potential here is endless. Enjoy the quiet charm of a premier Long Beach neighborhood while capitalizing on a multi-family investment that virtually never hits this market! The triplex features two spacious 2-bedroom/1-bathroom units (upper and lower, each with in-unit laundry) plus a separate 1-bedroom/1-bathroom upper unit. Gas and electric are separately metered for all three residences. Outside, enjoy a lovely shared backyard and private patio space. Addresses include 764, 766, and 770 Terraine. All units are currently occupied -- PLEASE DO NOT DISTURB OCCUPANTS!

Property Information

Property type

Residential Income

Sub-type

Triplex

Year built

1937

Stories

2

Building area

2,914 Sq Ft

Lot size

0.15 acres

Garage spaces

4

Parking spaces

4

Days on market

102

MLS^® Listing#

PW26158162

Property Features

Interior

Built-in Features

Exterior

Balcony

Cooling

Wall/Window Unit(s)

Heating

Central

Flooring

Carpet · Laminate · Tile

Fireplace

Decorative

Pool

None

Parking

Garage · Garage Faces Rear

Laundry

Inside

Lot features

Front Yard

Security

Carbon Monoxide Detector(s) · Smoke Detector(s)

Community

Curbs · Sidewalks

Utilities

Electricity Connected · Natural Gas Connected · Sewer Connected · Underground Utilities · Water Connected

Sewer

Public Sewer

Water source

Public

Parcel number

7241024013

Directions

Located on Terraine Ave between E 7th and 8th St