$1,400,000 Price Analysis   ♡   Long Beach, CA 90813 11 bed 4 bath 4,200 SqFt ($333/SqFt) 7,251SqFt lot. Built 1909 Listed 2024-08-08, Taxes $13,936 | Ⓧ USDA Ineligible due to price & location near Long Beach |
Investor's Dream - Rare Income-Producing Property with Assumable FHA Loan at 2.75%!
Welcome to 1208 Linden Ave, a rmarkable property that offers immense ca sh flow potential and versatile living options. This unique opportunity features two large homes on a open 7, 249 sq ft lot, located blocks from St. Marys 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. Dont 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!
Presented by Lionel Franklin & Leslie Perez at
Keller Williams Irvine.
Property MLS #OC24163358 from CRMLS
Bedrooms On Main Level: 11
Full Bathrooms: 4
Bathrooms On Main Level: 4
Appliances YN: Yes
Laundry Features: Dryer Included, Individual Room, Washer Included
Heating: Yes
Lot Size Acres: 0.1664601
Lot Size Source: Assessor
Lot Size Square Feet: 7251
Parking Total: 4
Uncovered Spaces: 4.00
Map directions Map directions Map directions Map directionsCounty: Los Angeles
Directions: 7th st to Atlantic Ave to 11th st to Linden Ave
Source Property Type: Residential
Area: 4 - Downtown Area, Alamitos Beach
Property Subtype: townhouse
Source Neighborhood: Alamitos Beach (AB)
Parcel Number: 7274001005
Postal Code Plus 4: 3353
Subdivision: Alamitos Beach (AB)
Zoning: LBR4N
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $392,700 + $729,300 $1,122,000 | $13,936 |
| 2021 | $75,651 + $214,139 $289,790 | $4,012 |
| 2020 | $74,876 + $211,944 $286,820 | $4,001 |
| 2019 | $73,408 + $207,789 $281,197 | $3,956 |
| 2018 | $71,969 + $203,715 $275,684 | $3,757 |
| 2017 | $70,558 + $199,721 $270,279 | $3,718 |
| 2016 | $69,175 + $195,805 $264,980 | $3,440 |
| 2015 | $68,136 + $192,864 $261,000 | $3,309 |
| 2014 | $66,802 + $189,087 $255,889 | $3,296 |
| 2013 | $66,501 + $188,233 $254,734 | $3,200 |
| 2012 | $65,198 + $184,543 $249,741 | $3,249 |
| 2010 | $63,920 + $180,925 $244,845 | $3,084 |
| 2009 | $240,907 + $114,717 $355,624 | $4,306 |
| 2009 | $63,443 + $179,573 $243,016 | $4,306 |
| 2008 | $236,184 + $112,468 $348,652 | $4,017 |
| 2007 | $231,553 + $110,263 $341,816 | $3,908 |
$1,400,000
CRMLS
Listed 2024-08-01
$1,400,000
CRMLS
Sold 2021-06-30
$1,100,000
CRMLS
Listing removed 2020-09-09
$0
CRMLS
Price Changed 2020-05-31
$1,045,000
CRMLS
Relisted 2020-05-16
$1,049,000
CRMLS
Listing removed 2020-05-05
$0
CRMLS
Relisted 2020-05-04
$1,049,000
CRMLS
Listing removed 2020-03-30
$0
CRMLS
Listed 2020-02-01
$1,049,000
CRMLS
Listing removed 2019-07-11
$0
CRMLS
Relisted 2019-07-09
$975,000
CRMLS
Listing removed 2019-07-01
$0
CRMLS
Relisted 2019-06-29
$975,000
CRMLS
Listing removed 2019-06-11
$0
CRMLS
Relisted 2019-04-16
$975,000
CRMLS
Listing removed 2019-04-11
$0
CRMLS
Listed 2019-01-20
$995,000
CRMLS
Listing removed 2018-11-03
$0
CRMLS
Listing removed 2018-11-02
$949,000
CRMLS
Price Changed 2018-08-14
$949,000
CRMLS
Price Changed 2018-05-23
$965,000
CRMLS
Listed 2018-03-18
$990,000
CRMLS
Listing removed 2018-01-31
$995,000
CRMLS
Relisted 2017-09-26
$995,000
CRMLS
Listing removed 2017-09-20
$995,000
CRMLS
Listed 2017-07-27
$995,000
CRMLS
Listing removed 2016-06-07
$725,000
CRMLS
Price Changed 2016-05-05
$725,000
CRMLS
Price Changed 2016-03-22
$749,900
CRMLS
Price Changed 2016-02-18
$775,000
CRMLS
Listed 2016-02-15
$795,000
CRMLS
Listing removed 2016-01-13
$795,000
TheMLSCLAW
Listed 2015-11-02
$795,000
TheMLSCLAW
Listing removed 2015-06-03
$695,000
CRMLS
Price Changed 2015-04-17
$695,000
CRMLS
Listed 2015-02-18
$725,000
CRMLS
Sold 2011-03-30
$225,000
SoCalMLS
Listing removed 2009-06-30
$249,000
ITECH
Sold 2009-03-06
$225,000
Public Record
Price Changed 2009-03-05
$249,000
SoCalMLS
Price Changed 2009-01-17
$359,000
SoCalMLS
Relisted 2009-01-09
$499,000
SoCalMLS
Listing removed 2008-12-19
$499,000
SoCalMLS
Listed 2008-10-30
$249,000
ITECH
Listed 2008-10-30
$499,000
SoCalMLS
Year Built: 1909
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front Door
Property Age: 115
Roof: Common Roof
Levels or Stories: One
Building Total Stories: 2
Structure Type: Duplex
Year Built Source: Assessor
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.