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Three-Unit Multifamily Property
For Sale
$1,600,000

764 Terraine Avenue, Long Beach, CA 90804

Long Beach, CA

Property SizeContact for details
Lot Size0.15 Acres
Days on Market53

Property Features for 764 Terraine Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Laundry Room, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Kitchen, Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 2
Parking 4
Parking features Garage
Interior features Balcony, Built-in Features
Fireplace 1
Subdivision Alamitos Heights (AH)
Lot features Front Yard, Lawn
Directions Located on Terraine Ave between E 7th and 8th St
Standard status Active
APN 7241024013
Lot size 0.15 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

in-unit laundry
shared backyard
private patio space

Building Details

Year built 1937
Floors in Building 2
Number of units 3
Flooring type Tile, Laminate, Carpet
Listing Agency: Keller Williams Coastal Prop. · Keller Williams Realty
Listed By: Trevor Cox · License #01935476
Added: Jul 20 Changed: Sep 8 Last Checked: Sep 10 at 12:06AM
MLS# PW26158162

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.

Investment Insights

Based on property information with market context.

This 1937 triplex contains two two-bedroom, one-bath residences and a separate one-bedroom, one-bath upper-level unit. The upper and lower two-bedroom homes each include in-unit laundry, while gas and electric service are separately metered for all three residences. Interior features include balconies and built-in elements, with carpet, laminate, and tile flooring. The property also includes central heating, wall or window cooling, a fireplace, and garage parking.

Located on Terraine Avenue in Long Beach’s Alamitos Heights neighborhood, the property occupies a 0.1495-acre lot and has public water and sewer service. Outdoor areas include a shared backyard and private patio space. All three residences are currently occupied.

Key Highlights

  • Three‑unit configuration with two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • 0.1495‑acre lot in Alamitos Heights, Long Beach, CA 90804
  • Gas and electric service separately metered for all three residences

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Building Supply HVAC Service Barber Shop Big Box & Wholesale Store Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,489
Businesses Nearby

Demographics for 90804, CA

39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Long Beach triplex with varied unit layouts, separate utility metering, garage parking, and shared outdoor space.
Where is this triplex located?
The property is located at 764 Terraine Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Three‑unit configuration with two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; 0.1495‑acre lot in Alamitos Heights, Long Beach, CA 90804; Gas and electric service separately metered for all three residences
More about this property
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