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Listed by Lionel Franklin • Keller Williams Realty Irvine
$1,400,000
Est. payment /mo
11 Beds
4 Baths
4,200 SqFt
UPDATED:
12/10/2024 08:19 AM
Key Details
Property Type Single Family Home
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $333
MLS Listing ID CROC24163358
Bedrooms 11
Full Baths 4
HOA Y/N No
Originating Board Datashare California Regional
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 t
Location
State CA
County Los Angeles
Interior
Heating Forced Air, Wall Furnace
Cooling None
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Dryer, Laundry Room, Washer
Exterior
Pool None
View Other
Private Pool false
Building
Lot Description Level, Other, Landscape Misc
Story 1
Water Public
Schools
School District Long Beach Unified
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803