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
MLS #
CROC24157792
MLS Source
California Regional MLS
Days on Site
113
Appliances
Other, Dryer, Washer
Flooring
Laminate
Cooling
None
Heating
Forced Air, Wall Furnace
Roof
Other
Pool
None
Garage/Parking
Off-Street Parking, Other, RV Possible, Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 2 | 2 |
1208 Linden Ave is a Duplex in Long Beach, CA 90813. This – square foot property sits on a 7,251 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,400,000 and was built in 1909.
This address can also be written as 1208 Linden Ave, Long Beach, CA 90813.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 10, 2024. For the most current information, please contact Lionel Franklin, (714) 580-1047