764 Terraine Avenue, Long Beach, CA 90804

Beds

Baths

2,914

Sq ft

$544

Per sq ft

About this home

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!

Type

Triplex

Year built

1937

Lot

6,513 sq ft

Garage

4 car

HOA

None

Pool

View

Neighborhood

Solar

—

Estimated payment

$9,996/mo

Principal & interest$8,015
Property tax (est.)$1,519
Home insurance (est.)$462

Down payment: 20% ($317,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Trevor Cox, Keller Williams Coastal Prop., 949-742-0408. MLS# PW26160198. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 9:30 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.