4 months on rocket

1208 Linden Ave, Long Beach, CA, 90813

$1,400,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
4 Full Baths
4,200 SqFt
$333/SqFt
Multi

Location

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1208 Linden Ave, Long Beach$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, RV Potential, On Street, Tandem, Uncovered
Year Built1909
HeatingForced Air, Wall Furnace
CoolingNone
BasementYes
FireplaceNone
ViewNeighborhood
MLS #OC24163358
Lot Size0.17 Acres
StatusActive

About 1208 Linden Ave

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!

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Stories: 2
  • Living Area: 4,200 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Irvine
  • Office Phone: (714) 580-1047
  • Listing Agent: Lionel Franklin

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Dryer, Washer
  • Basement: Yes
  • Flooring Type: Laminate, Tile
  • Interior: All Bedrooms Down, Attic, Bedroom on Main Level, Main Level Primary
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: Driveway, RV Potential, On Street, Tandem, Uncovered

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn, Landscaped, Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: 7th st to Atlantic Ave to 11th st to Linden Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
  • Price Per SqFt: $333/SqFt

Tax Information:

  • Annual Amount: $4,013
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$825.1K

Med. Price/SqFt

$633

Avg. Days On Market

35

# of Sold Homes

162

1208 Linden Ave vs Long Beach

140 DAYS ON ROCKET

+105 Days

$1,400,000

+$574.8K More

$333/SqFt

-$301 Less

KEY TAKEAWAY

This property is $574.8K more than the Median Sold Price and $301/SqFt less than other homes in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24163358

Listing Office:

  • Office Name: Keller Williams Realty Irvine
  • Office Phone: (714) 580-1047
  • Listing Agent: Lionel Franklin

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/26/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 06, 2009Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,013$289,790
2020$3,956$286,820
2019$3,757$281,197
2018$3,718$275,684
2017$3,718$270,279

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1590463
6
/10

  • Roosevelt Elementary School

  • 1574 Linden Ave

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-1590464
5
/10

  • Oropeza Elementary School

  • 700 Locust Ave

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-1590465
6
/10

  • Lincoln Elementary School

  • 1175 E 11th St

  • 0.51 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,213. Typical income of Long Beach, CA residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Long Beach›90813›1208 Linden Ave

This home is located at 1208 Linden Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. This 4,200 square foot home, which was built in 1909, sits on a 0.17 acre lot. Features: 11 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $1,400,000.

In November 2024 more than 66 listings in Long Beach, CA were sold above the asking price. During the same period more than 32 listings were sold at asking price, while more than 64 were sold below. Between October 2024 and November 2024, Long Beach, CA real estate market has seen decrease in the number of listings by 10.6%. The median list price of listings available in November 2024 was $825,128, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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