MICHAEL RING

MICHAEL RING

primary-1
primary-2primary-3
Active
$1,400,000($401,885 down)$4,511 /mo

1208 Linden Avenue, Long Beach, CA 90813

11 Bed ·4 Bath ·4200 Sqft
PITI Monthly
$6,944.99 /mo

Listing courtesy of: Lionel Franklin, Keller Williams Realty Irvine

Assumed Rate

2.99%
7.52%

Principal & Interest

$4,511 /mo
$7,506 /mo

What's Special

INVESTORS
REMODELED
LOCATION
SERENE
ENTERTAINMENT
SPACIOUS
HARDWOOD FLOORS
GRANITE COUNTERTOPS
LANDSCAPED
RENTAL INCOME
INVESTMENT OPPORTUNITY

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 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!

... Show more

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 11
  • Bathrooms: 4
Cooling & Heating
  • Cooling: None
  • Heating: ForcedAir, WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: CommonRoof
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: CommonRoof
Condition
  • Year Built: 1909
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Alamitos Beach (AB)
  • Features: Gutters, Sidewalks, Urban
HOA
  • Has HOA: No
Location
  • Region: Long Beach

Financial Details

  • Price per Sqft: $333.33
  • Tax Annual Amount: $17500
  • On Market Date: 2024-08-07T00:00:00.000Z

Make this home a reality!

Apply to assume
Explore our financing options for assumable homes
Connect with an Agent
Our certified agents are experts in loan assumptions

MLS ID: OC24163358

Listing From:

Last updated: 2024-12-10T17:25:07.000Z

© , . All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than agent name are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.99%
7.52%

Principal & Interest

$4,511 /mo
$7,506 /mo
Follow Us
Go Global Realty
Agent/Broker
MICHAEL RINGGo Global Realty+17025283740mhring@grelv.comMLS B0143523

Powered By UMe.

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Go Global Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

Go Global Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.