Listed by 714-580-1047 - Lionel Franklin - DRE #01730363 - Keller Williams Realty Irvine 949-861-8000
$1,400,000 affordable loan icon Calculate Payment

1208 Linden Avenue Long Beach, CA 90813

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Duplex Residence
11 Beds
4 Baths
4,200 Sq. Ft.
0.17 Acre Lot

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Last updated on 12/21/2024 5:55 PM
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 blo...cks 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! Continue reading
MLS#
OC24163358
Property Type
Duplex
Status
Bedrooms
11
Bathrooms
4 Full
Year Built
1909
Square Feet
4,200 sq. ft
Lot Size
0.17
Stories
1.0
Sewer
Sewer Connected, Public Sewer

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Listed by 714-580-1047 - Lionel Franklin - DRE #01730363 - Keller Williams Realty Irvine 949-861-8000
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 12/21/2024 5:55 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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