Truly a one-of-a-kind "unicorn" property! Tucked away in the highly sought-after neighborhood of Alamitos Heightsan area almost exclusively made up of single-family homeslies a rare residential income gem. Whether youre 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. …
The Story
764 Terraine Avenue
Truly a one-of-a-kind "unicorn" property! Tucked away in the highly sought-after neighborhood of Alamitos Heightsan area almost exclusively made up of single-family homeslies a rare residential income gem. Whether youre 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! Truly a one-of-a-kind "unicorn" property! Tucked away in the highly sought-after neighborhood of Alamitos Heightsan area almost exclusively made up of single-family homeslies a rare residential income gem. Whether youre 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!
Facts & Features
Property Info
Price
$1,585,000
Completion Year
1,937
Living Space
2,914 sq ft
Floors
2
Bedrooms
5
Bathrooms
3
Garage
4 spaces
Features & Amenities
Garage / Parking
4 spaces
Cooling
Wall/Window Unit(s)
Heating
Forced Air
Flooring
Carpet, Laminate, Tile
Water Source
Public
Sewer
Public Sewer
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