1208 Linden AVE Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90813
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $333
Subdivision Alamitos Beach (Ab)
MLS Listing ID OC24163358
Bedrooms 11
Full Baths 4
Year Built 1909
Lot Size 7,252 Sqft
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!
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4N
Rooms
Other Rooms Two On A Lot
Interior
Heating Forced Air,Wall Furnace
Cooling None
Flooring Laminate,Tile
Fireplaces Type None
Laundry Laundry Room
Exterior
Parking Features Driveway,RV Potential,On Street,Tandem,Uncovered
Pool None
Community Features Gutter(s),Sidewalks,Urban
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N Yes
View Neighborhood
Roof Type Common Roof
Building
Lot Description 2-5 Units/Acre,Back Yard,Front Yard,Lawn,Landscaped,Level
Dwelling Type Duplex
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Long Beach Unified
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac,Government Loan,Submit,VA Loan,VA No Loan,VA No No Loan
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac,Government Loan,Submit,VA Loan,VA No Loan,VA No No Loan
Special Listing Condition Standard