primary-1
primary-2primary-3
Pending
$1,400,000($401,885 down)$4,511 /mo

1208 Linden Avenue, Long Beach, CA 90813

11 Bed ·4 Bath ·4200 Sqft
PITI Monthly
$5,486.99 /mo

Listing courtesy of: Lionel Franklin, Keller Williams Realty Irvine

Assumed Rate

2.99%
7.52%

Principle & Interest

$4,511 /mo
$7,506 /mo

What's Special

INVESTORS
REMODELED
LOCATION
SERENE
ENTERTAINMENT
SPACIOUS
HARDWOOD FLOORS
GRANITE COUNTERTOPS
LANDSCAPED
RENTAL INCOME
INVESTMENT OPPORTUNITY

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!

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Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 11
  • Bathrooms: 4
Cooling & Heating
  • Cooling: None
  • Heating: ForcedAir, WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: CommonRoof
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: CommonRoof
Condition
  • Year Built: 1909
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Alamitos Beach (AB)
  • Features: Gutters, Sidewalks, Urban
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $333.33
  • Tax Annual Amount: $
  • On Market Date: 2024-07-31T00:00:00.000Z

Make this home a reality!

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Listing From:

Last updated: 2024-08-27T20:47:59.000Z

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Assumed Rate

2.99%
7.52%

Principle & Interest

$4,511 /mo
$7,506 /mo
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UMe Realty Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.