1208 Linden Avenue

Long Beach, CA 90813

$1,400,000

List Price

11

bed Beds

4

shower Baths

4,200 sqft

straighten / sqft

1909

calendar_month Built

Property Description

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!

Listing Information

List Price $1,400,000
Status Active
MLS OC24163358
HOA $0
Type Residential
Subtype Duplex
Year Built 1909
Lot Size 7,251
Structure Size 4,200
DOM 13
Courtesy Of Keller Williams Realty Irvine
Listing Agent Lionel Franklin DRE#01730363

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms 11
Total Bathroom
Bathrooms 4
Flooring Information
Material Laminate, Tile
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down, Attic, Bedroom on Main Level, Main Level Primary
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Structures Two On A Lot
View Yes

Maps

Listing information courtesy of: Lionel Franklin, Keller Williams Realty Irvine . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 10th, 2024 at 10:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.