There are multiple listings for this address:
$1,400,000
1208 Linden Avenue
Long Beach, CA, 90813
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!
Property Details
Price:
$1,400,000
MLS #:
OC24157792
Status:
Active
Baths:
0
Address:
1208 Linden Avenue
Type:
Residential Income
Subtype:
Duplex
Subdivision:
Alamitos Beach AB
Neighborhood:
4downtownareaalamitosbeach
City:
Long Beach
Listed Date:
Jul 31, 2024
State:
CA
ZIP:
90813
Lot Size:
7,251 sqft / 0.17 acres (approx)
Year Built:
1909
Schools
Interior
Appliances
Gas Cooktop
Cooling
None
Fireplace Features
None
Flooring
Laminate, Tile
Heating
Forced Air, Wall Furnace
Exterior
Community Features
Gutters, Sidewalks, Urban
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre, Back Yard, Front Yard, Landscaped, Lawn, Level
Parking Features
Driveway, R V Potential, Street, Tandem Uncovered, Uncovered
Parking Spots
4.00
Pool Features
None
Roof
Common Roof
Sewer
Public Sewer
Spa Features
None
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Cable T V, Electricity, Gas, Sewer, Trash Collection
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Need more info?
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Courtesy of Keller Williams Realty Irvine. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1208 Linden Avenue
Long Beach, CA
$1,400,000
1208 Linden Avenue
Long Beach, CA, 90813
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!
Property Details
Price:
$1,400,000
MLS #:
OC24163358
Status:
Active
Beds:
11
Baths:
4
Address:
1208 Linden Avenue
Type:
Single Family
Subtype:
Duplex
Subdivision:
Alamitos Beach AB
Neighborhood:
4downtownareaalamitosbeach
City:
Long Beach
Listed Date:
Aug 7, 2024
State:
CA
Finished Sq Ft:
4,200
ZIP:
90813
Lot Size:
7,251 sqft / 0.17 acres (approx)
Year Built:
1909
Schools
Interior
Appliances
Gas Cooktop
Cooling
None
Fireplace Features
None
Flooring
Laminate, Tile
Heating
Forced Air, Wall Furnace
Exterior
Community Features
Gutters, Sidewalks, Urban
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre, Back Yard, Front Yard, Landscaped, Lawn, Level
Parking Features
Driveway, R V Potential, Street, Tandem Uncovered, Uncovered
Parking Spots
4.00
Pool Features
None
Roof
Common Roof
Sewer
Public Sewer
Spa Features
None
Stories Total
2
Water Source
Public
Financial
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Need more info?
If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.
Ask a QuestionReady to go see it?
Schedule a ShowingMortgage Calculator
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