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!
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
Price:
$1,585,000
MLS #:
PW26160198
Status:
Active Under Contract
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Triplex
Subdivision:
Alamitos Heights AH
Neighborhood:
2belmontheightsalamitosheights
Listed Date:
Jul 22, 2026
Finished Sq Ft:
2,914
Lot Size:
6,513 sqft / 0.15 acres (approx)
Year Built:
1937
See this Listing
Schools
School District:
Long Beach Unified
Interior
Bathrooms
3 Full Bathrooms
Cooling
Wall/Window Unit(s)
Flooring
Tile, Carpet, Laminate
Heating
Central
Interior Features
Balcony, Built-in Features
Laundry Features
Inside
Levels
Two
Main Level Bathrooms
1
Main Level Bedrooms
2
Exterior
Common Walls
No Common Walls
Community Features
Curbs, Sidewalks
Covered Spaces
4
Garage Spaces
4
Lot Features
Front Yard, Lawn
Parking Features
Garage – Single Door, Garage Faces Rear, Garage – Two Door
Parking Spots
4
Parking Total
4
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Stories
2
View
Neighborhood
Financial
Map
Community
- Address764 Terraine Avenue Long Beach CA
- SubdivisionAlamitos Heights (AH)
- CityLong Beach
- CountyLos Angeles
- Zip Code90804
Subdivisions in Long Beach
- Ackerfield Condos AC
- Alamitos Beach AB
- Alamitos Heights AH
- Artcraft Manor AM
- Atlantic Plaza APZ
- Bay Harbour BYH
- Belmont Heights BH
- Belmont Shore BSD
- Belmont Shore Condos BSC
- Bixby Highlands BXH
- Bixby Hill BBH
- Bixby Knolls BK
- Bixby Terrace BBT
- Bixby Terrace BT
- Bixby Village BV
- Bluff Park BLF
- California Heights CH
- Carson Park/Long Beach CLB
- Cherry Manor CM
- Circle CA
- College Park CPZ
- Cooper Arms CPA
- Country Club Gardens CCG
- Country Club Villa CCV
- Country Square CSQ
- Crest Gardens CRST
- Crown Pointe CPT
- Del Lago DL
- Downtown DT
- Eastside ES
- Eldorado ELD
- International Towers ITT
- Island Village ISV
- Junipero Gardens JPG
- Kensington Green KG
- La Marina Estates LME
- Lafayette Building LF
- Lakewood Village LKVL
- Lakewood Village LVD
- Lindenwood LWD
- Los Altos/North of Fwy LNF
- Los Altos/South of Fwy LSF
- Los Cerritos LC
- Lynn Manor LNM
- Marina Pacifica MRP
- Mobile Estates ME
- Naples NA
- New Bixby NB
- North Long Beach NLB
- Ocean House OCH
- Park Estates PE
- Park Ocean PO
- Peninsula PI
- Plaza North of Spring PZN
- Poly High PH
- Queens Surf QS
- Queens View Condos QVC
- Rancho RNC
- Ridgewood Heights RH
- Royal Palms RP
- Saint Regis SRG
- Signal Hill SH
- Signal View SGV
- South of Conant Northeast SNE
- South of Conant Southeast SSE
- South of Conant Southwest SSW
- Spinnaker Bay SY
- Stoney Brook Villas ST
- The Galaxy Towers TGT
- The Lakes TLK
- Versailles VRS
- Villa Riviera VLR
- Westside/North of Willow WNW
- Westside/South of Willow WSW
- Willmore District WM
- Willow Ridge WD
- Wrigley Area WR
- Wrigley Heights WH
- X-100s X1
Market Summary
Current real estate data for Single Family in Long Beach as of Oct 19, 2026
592
Single Family Listed
69
Avg DOM
620
Avg $ / SqFt
$1,233,344
Avg List Price
Property Summary
- Located in the Alamitos Heights (AH) subdivision, 764 Terraine Avenue Long Beach CA is a Single Family for sale in Long Beach, CA, 90804. It is listed for $1,585,000 and features 5 beds, 3 baths, and has approximately 2,914 square feet of living space, and was originally constructed in 1937. The current price per square foot is $544. The average price per square foot for Single Family listings in Long Beach is $620. The average listing price for Single Family in Long Beach is $1,233,344.
Similar Listings Nearby
Courtesy of Keller Williams Coastal Prop.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.764 Terraine Avenue
Long Beach, CA