764 Terraine Avenue, Long Beach, CA 90804

$1,600,000
5
BD
3
BA
2,914
SqFt

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List Price
$1,600,000
Status
ACTIVE
Days on Market
32
MLS#
PW26160198
Subtype
Residential
Year Built
1937
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
2,914
Lot Size
6,513
Acres
0.15
Subdivision
Alamitos Heights (Ah)
Neighborhood
Alamitos Heights (Ah)
MLS Area Major
Belmont Heights, Alamitos Heights (2)

Property 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!

Additional Information

Interior Features
Built-in Features, Balcony
Flooring
Carpet, Laminate, Tile
Heating
Central
Air Conditioning
Yes
Stories
Two Levels
Levels
Two
Pool Type
None
Parking Features
Door-Multi, Door-Single, Garage, Garage Faces Rear
Garage Spaces
4
School District
Long Beach Unified
View
Neighborhood

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Trevor Cox (trevor@trevorcox.net) from Listing Office: Keller Williams Coastal Prop..

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.