About This Home

This 5-bedroom, 3-bathroom multi-family at 764 Terraine Avenue in Long Beach, CA is listed for $1,585,000 ($544 per sqft). Built in 1937, the home offers 2,914 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1937
  • 0.15 acre lot
  • 2 stories
  • 4 parking spaces
  • Fireplace

Property Details

2 stories
3 full
4-car garage
1937

Amenities

FireplaceA/C
Listing 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!

Monthly Cost Estimate

$8,477/mo

20% down · 6.5% · 30 years

Principal$1,146
Interest$6,868
Insurance$462

Estimates only. Actual payments may vary.

Location

764 Terraine Avenue

Long Beach, CA 90804

Alamitos Heights (AH)

Features & Amenities

Interior Features

BalconyBuilt-in Features

Property Details

Flooring

LaminateCarpetTile

Parking

Garage

Heating

Central

Cooling

Window Unit(s)Wall/Window Unit(s)

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 764 Terraine Avenue is listed at $1,585,000 ($544/sqft). The estimated monthly payment is $8,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1937, 0.15 acre lot, 2 stories, 4 parking spaces, Fireplace. Interior Features: Balcony, Built-in Features.

This property is listed by Trevor Cox.

TC

Trevor Cox

License 01935476

Agent at Keller Williams Coastal Properties

Listed by Keller Williams Coastal Properties · Broker phone: (562) 961-1400 · Broker website

MLS# PW26160198· Source: California Regional Multiple Listing Service, Inc· 102 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

764 Terraine Avenue, Long Beach, CA 90804

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