$1,400,000 Price Analysis 1208 Linden AveLong 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 |
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
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 |
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.