Long Beach, CA 90813 1208 Linden Avenue
$1,400,000
Pending
34 more
Presented By: Lionel Franklin with Keller Williams Realty Irvine; 714-580-1047
Home Details
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!
Presented By: Lionel Franklin with Keller Williams Realty Irvine; 714-580-1047
Interior Features for 1208 Linden Avenue
Bedrooms
Main Level Bedrooms11
Total Bedrooms11
Bathrooms
Main Level Bathrooms4
Total Baths4
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NNo
Basement (Y/N)Yes
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NYes
Laundry FeaturesLaundryRoom
Total Stories2
Other Rooms
Entry Level1
General for 1208 Linden Avenue
Additional Parcels Y/NNo
AppliancesGasCooktop, Dryer, Washer
Attached Garage No
Carport Y/NNo
CityLong Beach
Community FeaturesGutters, Sidewalks, Urban
CoolingNone
CountyLos Angeles
Current FinancingAssumable, Fha
Days on Market13
Directions7th st to Atlantic Ave to 11th st to Linden Ave
Electric On Property Y/NNo
Entry LocationFront Door
Full Baths4
Garage Spaces0.0
Garage Y/NNo
HOA0.0
HeatingForcedAir, WallFurnace
High School DistrictLong Beach Unified
Home Owner AssocNo
Home Warranty Y/NNo
Interior FeaturesAllBedroomsDown, Attic, BedroomOnMainLevel, MainLevelPrimary
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Living Area UnitsSquareFeet
Lot Size Square Feet7251.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal2
Occupancy TypeTenant
Open Parking Spaces4.0
Other StructuresTwoOnALot
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidential
Rent Control Y/NNo
RoofCommonRoof
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Structure TypeDuplex
Subdivision NameAlamitos Beach (AB)
Tax Lot5
TermsCash, CashToExistingLoan, CashToNewLoan, Conventional, FHA, FannieMae, FreddieMac, GovernmentLoan, Submit, VaLoan, VaNoLoan, VaNoNoLoan
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNeighborhood
View Y/NYes
Waterfront Y/NNo
Year Built1909
Year Built SourceAssessor
ZoningLBR4N
Exterior for 1208 Linden Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, BackYard, FrontYard, Lawn, Landscaped, Level
Lot Size Acres0.1665
Lot Size Area7251.0
Lot Size SourceAssessor
Open Parking Y/NNo
Parking FeaturesDriveway, RvPotential, OnStreet, Tandem, Uncovered
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480