
338 Prospect Ave Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated payment $9,065/month
Highlights
- No HOA
- Neighborhood Views
- Living Room
- Fremont Elementary School Rated A
- Cooling Available
- Laundry Room
About This Home
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 Decor 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.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 562 243-5453 License #01814690 Listed on: 06/25/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,533
Year Built
- Built in 1950
Lot Details
- 6,502 Sq Ft Lot
- No Common Walls
- Sprinkler System
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,674 Sq Ft Home
- 2-Story Property
- Living Room
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 3 Full Bathrooms
Utilities
- Cooling Available
Listing and Financial Details
- Legal Lot and Block 3 / B
- Assessor Parcel Number 7250005003
- $506 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
- Belmont Heights Subdivision
Amenities
- Laundry Facilities
Recreation
- Dog Park
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $2,533 | $169,614 | $93,054 | $76,560 |
2023 | $2,488 | $166,289 | $91,230 | $75,059 |
2022 | $2,347 | $163,030 | $89,442 | $73,588 |
2021 | $2,281 | $159,835 | $87,689 | $72,146 |
2019 | $2,246 | $155,096 | $85,089 | $70,007 |
2018 | $2,157 | $152,056 | $83,421 | $68,635 |
2016 | $1,968 | $146,154 | $80,183 | $65,971 |
2015 | $1,896 | $143,960 | $78,979 | $64,981 |
2014 | $1,894 | $141,141 | $77,432 | $63,709 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/13/2025 07/13/25 | Price Changed | $1,600,000 | -10.9% | $598 / Sq Ft |
06/16/2025 06/16/25 | For Sale | $1,795,000 | -- | $671 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25142798

APN: 7250-005-003
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