$1,600,000
0.15 Acre Lot

338 Prospect Avenue, Long Beach, California 90814

  • Residential Income Property Type
  • 1950 Year Built
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 32×15 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.

Basic Details
Residential Income
For Sale
PW25077517
$1,600,000
1950
0.15 Acre
Active Under Contract
Duplex
Features
: None
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Long Beach
Belmont Heights (BH)
90814
Prospect
338
Avenue
Ximeno to Prospect
2 - Belmont Heights, Alamitos Heights
LBR1N
Additional Information
$0
$0
$0
$0
$0
2674
: Curbs, Biking, Dog Park
1
2.0
: Two
: Sprinkler System
2
2025-06-16
1795000
2
2
: Public
Broker/Agent Information
Coldwell Banker Realty
Susan Nicholson
Listing Information
PWNICSUS
PW0065
Cash,Cash to New Loan,Conventional,1031 Exchange,FHA
Active Under Contract
2025-07-28T19:36:58Z
CRMLS
: Probate Listing
2025-07-28T11:51:22Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069