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1208 Linden Avenue
Long Beach, CA 90813
Investor's Dream - Rare Income-Producing Property with Assumable FHA Loan at 2.75%! Welcome to 1208 Linden Ave, a remarkable property that offers immense cash flow potential and versatile living options. This unique opportunity features two large homes on a spacious 7,249 sq ft lot, located just blocks from St. Mary’s Medical Center, the beach, and the vibrant downtown Long Beach area with its shops, restaurants, and entertainment centers. The property is also near the significant Long Beach redevelopment, including the Port of Long Beach. The front house, recently remodeled in 2010 and expanded by an additional 1,000 sq ft, features an open floor plan with hardwood floors, tile, granite countertops, and new cabinets, along with updated electrical and copper plumbing and a large stand-up basement offering additional storage or living space. The rear house, built in 1960, offers 7 bedrooms and 2 bathrooms, making it ideal for rental income, Airbnb, recovery housing, elderly care, or other housing applications. With a beautifully landscaped front yard, a landscaped backyard providing a serene outdoor space, and a spacious driveway accommodating up to 4 vehicles, this high-income-producing property is perfect for investors looking to maximize their return. The front house offers the opportunity to live in comfort while generating substantial income from the rear home. The assumable FHA loan at a low 2.75% interest rate enhances the property's investment appeal. Whether you're looking to invest, live, and earn, or explore various housing applications, 1208 Linden Ave is a rare find with exceptional potential. Don’t miss out on this prime investment opportunity in a thriving Long Beach location. Contact us today to schedule a viewing and secure this incredible property!
PROPERTY INFORMATION
| MLS # | OC24157792 | Lot Size | 7,251 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 1,400,000
Price Per SqFt: $ 333 |
DOM | 281 Days |
| Address | 1208 Linden Avenue | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 4,200 Sq. Ft. |
| Postal Code | 90813 | Garage | N/A |
| County | Los Angeles | Year Built | 1909 |
| Bed / Bath | 11 / 0 | Parking | 4 |
| Built In | 1909 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Dryer Included, Individual Room, Washer Included |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Cooktop |
| Has Heating | Yes |
| Heating Information | Forced Air, Wall Furnace |
| Room Information | All Bedrooms Down, Attic, Basement, Main Floor Bedroom, Main Floor Primary Bedroom |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Laminate, Tile |
| EntryLocation | Front Door |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Roof | Common Roof |
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 89 (Very Walkable)
Transit Score: 70 (Excellent Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,493
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/27/2024 | Pending | $1,400,000 |
| 07/31/2024 | Listed | $1,400,000 |
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Listing provided courtesy of Lionel Franklin, Keller Williams Realty Irvine. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
