338 Ultimo
About This Property
The home features a spacious, sun-filled primary suite upstairs, along with two additional bedrooms on the upper level. Downstairs, you'll find inviting living and family rooms, a well-appointed kitchen, and a dedicated laundry room-creating an ideal layout for both relaxed living and entertaining.
A private yard separates the home from the double-car garage accessed via the rear alley, offering a peaceful outdoor retreat and added privacy.
Located within the boundaries of Lowell Elementary, Rogers Middle School, and Wilson High School, the property is also close to the waterways of Marine Stadium, Marina Vista Park, Bixby Village Golf Course, and just about half a mile from charming Naples Island. The beach is just over a mile away, and Pacific Coast Highway is conveniently nearby, making this an ideal East Long Beach location for both tranquility and accessibility.
This is a rare opportunity to own a custom home in one of Long Beach's most desirable residential enclaves.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Jan 18, 2026 | Listed by Broadmoor Realty, Inc. | $1,175,000 | |
| Listed by Broadmoor Realty, Inc. | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017