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338 Elm Avenue, 7, Long Beach, CA 90802

$300K1bd · 1ba · 643 sqft
Lot 7,472 sqft•HOA $252/mo•Condominium•
Active
•145d on market•MLS# PW-26127547

Property Description

Welcome to 338 Elm Ave. #7, a fantastic opportunity to own in the vibrant East Village Arts District of Downtown Long Beach. This spacious condominium features an oversized living area filled with natural light from large west-facing picture windows, offering charming peek-a-boo views of the downtown skyline and beautiful afternoon sunsets. The open and inviting floor plan provides plenty of room to relax, entertain, or create the perfect work-from-home space. Location is everything, and this home delivers. Situated just moments from The Promenade, The Pike Outlets, Rainbow Harbor, Shoreline Village, waterfront dining, entertainment, shopping, and public transit, you'll enjoy one of the most walkable and exciting neighborhoods in Long Beach. Whether you're exploring local art galleries, attending community events, or taking a stroll along the waterfront, the best of coastal urban living is right outside your door. Adding to the appeal, the building may qualify for conventional financing, potentially opening the door to more attractive financing options for qualified buyers, though buyers are encouraged to verify financing eligibility with their lender. Combining a desirable Downtown Long Beach location, generous living space, natural light, and exceptional value, this is an opportunity you won't want to miss.

Features & Amenities

FeeBuilt 1958

Property Details

Land Type
Fee
Year Built
1958
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
0
Garage Spaces
0
Heating
Wall Furnace
Cooling
None
View
Peek-A-Boo
Flooring
Wood
Roof
Shingle
City
Long Beach
Zip Code
90802
County
Los Angeles
Listed byCasado Real Estate Inc., Daniel Casado

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,516.46
Principal & Interest
Loan Amount
$239,920
Total Interest
$306,005
Total Payment Over 30 Years
$545,925
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

338 Elm Avenue, 7, Long Beach, CA 90802

Long Beach · Condominium

$300K
Affordable Tier
Beds
1
Baths
1
Sqft
643
Lot
7,472 sqft
Year
1958
$/Sqft
$466
Pool: No✓
View: city✓

Listed 4.8% below the median closed sale of $315,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $300K· $466/sqft
Total list price
Closed comps
vs closed median $315K
−$15K (−4.8%)
Active comps
vs active median $320K
−$20K (−6.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $534
−$68 (−12.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
375 AtlanticLong Beach19691159011,000$542$320,0004592
100 AtlanticLong Beach19581160022,568$558$335,00029187
947 BroadwayLong Beach1954115827,203$498$290,0007386
438 CedarLong Beach19571174815,007$455$340,0004485
723 6thLong Beach1955114127,544$619$255,0005181
Total: 5 · Average1.01.0586.412,664.4$534.4$308,000100.8
Median590$320,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
250 Linden AvenueLong Beach196404/15/2026115977,512$315,000$310,000$5190.989293
375 AtlanticLong Beach196907/28/20261170711,000$299,988$275,000$3890.9213190
102 Lime AvenueLong Beach194905/28/2026116845,520$333,000$337,000$4931.017688
734 LindenLong Beach195602/10/2026116137,461$315,000$315,000$5141.006286
350 Cedar AvenueLong Beach197103/03/20261166710,635$339,000$339,000$5081.004985
Total: 5 · Average1.01.0653.68,425.6$315,200$315,200$484.6—82
Median667$315,000$315,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.