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ActiveCondominium

338 Elm Avenue 7

Long Beach, CA, 90802

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$299,900

MLS: PW26127547

Beds

1

Baths

1

Sq Ft

643

Lot

0.17 ac

Year Built

1958

MLS #

PW26127547

Days on Market

54

Listed

Jun 11, 2026

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.

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Daniel Casado · Casado Real Estate Inc.

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$2,711

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $29,990 · Loan: $269,910

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$1,735
Property tax (1.25%)
$312
Homeowners insurance
$300
Mortgage insurance
$112
HOA dues
$252
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $10,497 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Similar Homes Nearby

Active and pending listings in ZIP 90802 (Long Beach)within ±10% of this home's price and size.

Local Market Stats

See Long Beach, CA 90802 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.