Homes for sale - 1208 Linden Avenue, Long Beach, CA 90813

Additional details

Paul Ward

Keller Williams

somis@homeandranchsellingteam.com +1(805) 479-5004

Listed by Lionel Franklin • Keller Williams Realty Irvine

$1,400,000

Est. payment - /mo

11 Beds

4 Baths

4,200 SqFt

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UPDATED:

12/31/2024 09:46 PM

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $333

Subdivision Alamitos Beach

MLS Listing ID OC-24163358

Bedrooms 11

Full Baths 4

Year Built 1909

Lot Size 7,251 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

Zoning LBR4N

Interior

Heating Wall Furnace, Forced Air

Cooling None

Flooring Laminate, Tile

Fireplaces Type None

Laundry Dryer Included, Individual Room, Washer Included

Exterior

Parking Features Driveway

Pool None

Community Features Gutters, Sidewalks, Urban

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected

View Y/N Yes

Building

Lot Description Front Yard, Landscaped, Lawn, Level, 2-5 Units/Acre, Back Yard

Sewer Public Sewer

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Paul Ward

+1(805) 479-5004

Agent | License ID: 01354001

Agent License ID: 01354001

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1208 Linden Avenue Long Beach, CA 90813

Paul Ward

Key Details

Location

Interior

Exterior

Building

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