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 details

Year built

1937

Property type

Residential Income

Lot size

6,513 sqft

Location

764 Terraine Avenue • Long Beach, CA 90804

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Listed by

Trevor Cox · Keller Williams Coastal Prop.

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Closed sales reported in 90804, nearest first, last 12 months. All recent sales in Long Beach →

Residential Income - 764 Terraine Avenue, Long Beach, CA