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$1,561,000
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Property Description
Prime Belmont Heights duplex. Whether you're looking for a family home, multi-generational living arrangement with a great location or an income-generating investment property, this duplex has it all. Wonderfully maintained with a convenient layout this property exudes character and charm. The downstairs unit features 2 bedrooms 2 baths and has been freshly painted with beautiful refinished wood flooring. There is a huge bonus room 32x15 with wet bar and closet that could possibly be used as a 3rd bedroom, office, den or even convert to an ADU with both a side and back patio.
There is even more opportunity for further development on the property for an ADU, allowing you to maximize rental income (buyer to verify with City of Long Beach). Kitchen features a gas stove, new countertop and sink and new laminate flooring. Laundry room is located outside just steps from the kitchen and off the patio area. Both units share this facility. Living area has new slider door. Plenty of closet space in the bedrooms and ample light. All new Décor plugs and switches. The outdoor highlights include privacy, both fenced rear / side yards and separate areas to relax. Upstairs unit features 2 bedrooms and 1 full bath, spacious living with a tranquil balcony setting off the dining room, hardwood floors, vinyl in the kitchen and tile in bath. Sunny and bright. The detached garage accommodates two single-car garages and storage area with alley access. New garage door. Each unit has its own electric and gas meter- one water meter on property. 220 electric outlet in the garage. Just moments away are boutiques, restaurants, beautiful parks, and top-rated schools.
Don't miss the chance to own this versatile property with excellent rental potential! Schedule your private showing today.
Full Property Details
Full Property Details for 338 Prospect Ave
General
- Sold For: $1,561,000
- Status: Closed
- Type: Duplex
- Source: MRMLS
- MLS ID: PW25142798
- Added to Site: 205 day(s) ago
Interior
- Rooms/Areas: Living Room
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Los Angeles
- Subdivision: Belmont Heights (BH)
- Driving Directions: Ximeno to Prospect
School Information
- School District: Long Beach Unified
Community
- Community Features: Biking, Curbs, Dog Park
Heating & Cooling
- Cooling Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: No Common Walls
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,674
- Sq. Ft. Source: Assessor
- Year Built: 1950
- Year Built Source: Assessor
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1493
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Zoning: LBR1N
- Lot Description: Sprinkler System
Financial Considerations
- Price Per Sq. Ft.: $583.77
Disclosures and Reports
- Special Conditions: Probate Listing
- Inclusions: washer /dryer, stove in downstairs unit
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Schools
Schools serving 338 Prospect Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Fremont Elementary School, Long Beach, CA 4000 East 4th Street, Long Beach, CA 90814 | K-5 | 0.2 mi |
Rogers Middle School 365 Monrovia Avenue, Long Beach, CA 90803 | 6-8 | 0.5 mi |
Wilson High School 4400 East 10th Street, Long Beach, CA 90804 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 338 Prospect Ave
Date
Details
Price
Change
Source
9/23/2025
Sold
$1,561,000
-2.44%
MLS
7/13/2025
Price Reduced
$1,600,000
-10.86%
MLS
6/25/2025
Listed
$1,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
338 Prospect Avenue, Long Beach, CA 90814 (MLS# PW25142798) is a Duplex property that was sold at $1,561,000 on September 23, 2025. This property was listed by Susan Nicholson from our Long Beach Office.Want to learn more about 338 Prospect Avenue? Do you have questions about finding other Duplex real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.


