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.
Sold for $1,561,000 on 09/23/25
Listing Provided by:
Susan Nicholson DRE #01814690 562243-5453,
Coldwell Banker Realty
Bought with: MMM Real Estate
$1,561,000
338 Prospect Ave, Long Beach, CA 90814
5beds
2,674sqft
Duplex
Built in 1950
6,502 Square Feet Lot
$1,560,600 Zestimate®
$584/sqft
$5,684 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 23, 2025 at 06:27pm
Listing Provided by:
Susan Nicholson DRE #01814690 562243-5453,
Coldwell Banker Realty
Bought with:
Romana Pilgrim, DRE #02089847
MMM Real Estate
Source: CRMLS,MLS#: PW25142798
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 5
Cooling
- Electric
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,674 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,502 sqft
- Features: Sprinkler System
Details
- Parcel number: 7250005003
- Zoning: LBR1N
- Special conditions: Probate Listing
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Curbs, Dog Park
Location
- Region: Long Beach
- Subdivision: Belmont Heights (Bh)
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA
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Estimated market value
$1,560,600