1208 Linden Ave, Long Beach, CA 90813
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1208 Linden Ave Long Beach, CA 90813

$1,400,000
  • 11 Beds
  • 4 Baths
  • 4,200 Sq.Ft.
Pending
$1,400,000 Get Pre-Qualified

Map preview of 1208 Linden Ave, Long Beach, CA 90813

Property Overview: 1208 Linden Ave Long Beach, CA has 11 bedrooms, 4 bathrooms, 4,200 living square feet and 7,251 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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!

Listed by Lionel Franklin | BRE #01730363 | Keller Williams Realty Irvine
Last checked: 14 minutes ago | Last updated: August 27th, 2024 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
7,251
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Duplex
Status
Pending
MLS#
OC24157792
City
Long Beach
County
Los Angeles
Time on Site
49 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,514
  • Total Rent: $3,514
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 7
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,519
  • Total Rent: $3,519
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,502
  • Net Operating Income: $76,193
  • Gross Operating Income: --
  • Laundry Income: $100
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $8,309
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $3,485
  • Water/Sewer: $3,624

Open Houses for 1208 Linden Ave

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Property Details for 1208 Linden Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air, Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down, Attic, Basement, Main Floor Bedroom, Main Floor Primary Bedroom
Kitchen Information
  • Has Appliances
  • Gas Cooktop
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Common Roof
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Parking Features: Driveway, RV Potential, Street, Tandem Uncovered, Uncovered
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7274001005
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: 7th st to Atlantic Ave to 11th st to Linden Ave
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Urban
View more facts & features

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Sale History for 1208 Linden Ave

Last sold for $1,100,000 on June 30th, 2021
  • August, 2024

  • Aug 27, 2024

    Date

    Pending

    CRMLS: OC24157792

    $1,400,000

    Price

  • Jul 31, 2024

    Date

    Active

    CRMLS: OC24157792

    $1,400,000

    Price

  • July, 2021

  • Jul 2, 2021

    Date

    Sold

    CRMLS: PW21067751

    $1,100,000

    Price

  • Jun 15, 2021

    Date

    Pending

    CRMLS: PW21067751

    $1,245,000

    Price

  • Apr 20, 2021

    Date

    Price Change

    CRMLS: PW21067751

    $1,245,000

    Price

  • Apr 2, 2021

    Date

    Active

    CRMLS: PW21067751

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    50K REDUCTION!! VERY RARE FIND, 2 LARGE HOMES ON A HUGE LOT WITH VERY HIGH CURRENT INCOME. This high income producing property is perfect for many applications, Blocks away from St Mary’s Medical Center and close to the beach and vibrant downtown with it’s shops, restaurants, entertainment centers and the substantial Long Beach redevelopment including the Port of Long Beach. 7,249 lot front house remodeled in 2010 and rear house built in 1960. The front house is 4 Bd/2Ba, recently remodeled and expanded by another 1000 sq ft with beautiful open floor plan, hardwood floors, tile, granite countertops, new cabinets, newer electrical, copper plumbing and large stand up basement. The rear home is 7Bd/2Ba. Beautifully landscaped front and back yards, long driveway accommodating up to 4 vehicles. investment…live in the front home and pay the mortgage with the income from the rear home….Buyer to investigate potential for recovery, elderly or other type of housing, or airbnb

  • September, 2020

  • Sep 8, 2020

    Date

    Canceled

    CRMLS: PW20022951

    $1,045,000

    Price

  • May 31, 2020

    Date

    Price Change

    CRMLS: PW20022951

    $1,045,000

    Price

  • May 16, 2020

    Date

    Active

    CRMLS: PW20022951

    $1,049,000

    Price

  • May 4, 2020

    Date

    Hold

    CRMLS: PW20022951

    $1,049,000

    Price

  • May 1, 2020

    Date

    Active

    CRMLS: PW20022951

    $1,049,000

    Price

  • Mar 27, 2020

    Date

    Hold

    CRMLS: PW20022951

    $1,049,000

    Price

  • Feb 1, 2020

    Date

    Active

    CRMLS: PW20022951

    $1,049,000

    Price

  • Listing provided courtesy of CRMLS

    NOT YOUR AVERAGE DUPLEX, 2 LARGE HOMES ON A HUGE LOT. PERFECT OPPORTUNITY FOR AN INVESTOR OR AN OWNER TO OCCUPY THE FRONT HOUSE AND RECEIVE GREAT INCOME FROM THE BACK HOUSE, VERY HIGH INCOME. Unique and beautifully located by St. Mary's Medical Center. This property is two single family homes on one huge 7,249 lot front house remodeled in 2010 and rear house built in 1960. The front house is 4 Bd/2Ba, recently remodeled and expanded by another 1000 sq ft with beautiful open floor plan, hardwood floors, tile, granite counter tops, new cabinets, newer electrical, copper plumbing and large stand up basement. The rear home is 7Bd/2Ba. Beautifully landscaped front and back yards, long driveway accommodating up to 4 vehicles. Market rents should be $3,500 each house!

  • July, 2019

  • Jul 11, 2019

    Date

    Canceled

    CRMLS: PW19014928

    $975,000

    Price

  • Jul 9, 2019

    Date

    Active

    CRMLS: PW19014928

    $975,000

    Price

  • Jul 1, 2019

    Date

    Expired

    CRMLS: PW19014928

    $975,000

    Price

  • Jul 1, 2019

    Date

    Hold

    CRMLS: PW19014928

    $975,000

    Price

  • Apr 16, 2019

    Date

    Active

    CRMLS: PW19014928

    $975,000

    Price

  • Apr 15, 2019

    Date

    Price Change

    CRMLS: PW19014928

    $975,000

    Price

  • Apr 10, 2019

    Date

    Hold

    CRMLS: PW19014928

    $995,000

    Price

  • Jan 20, 2019

    Date

    Active

    CRMLS: PW19014928

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCED! ONE OF THE LOWEST PRICE PER SQ FT IN LONG BEACH! PERFECT OPPORTUNITY FOR AN INVESTOR OR AN OWNER TO OCCUPY THE FRONT HOUSE AND RECEIVE GREAT INCOME FROM THE BACK HOUSE (income like 4-5 units) Unique and beautifully located by St. Mary's Medical Center. This property is two single family homes on one huge 7,249 lot front house remodeled in 2010 and rear house built in 1960. The front Victorian style house is a 4 Bd/2Ba, recently completely remodeled and expanded by another 1000 sq ft with beautiful open floor plan, hardwood floors, tile, granite counter tops, new cabinets, newer electrical, copper plumbing and large stand up basement. The rear home is 7Bd/2Ba. Beautifully landscaped front and back yards, long driveway accommodating up to 4 vehicles. Market rents should be $3,500 each house!

  • November, 2018

  • Nov 19, 2018

    Date

    Canceled

    CRMLS: PW18062338

    $949,000

    Price

  • Nov 1, 2018

    Date

    Expired

    CRMLS: PW18062338

    $949,000

    Price

  • Aug 14, 2018

    Date

    Price Change

    CRMLS: PW18062338

    $949,000

    Price

  • Jun 19, 2018

    Date

    Active

    CRMLS: PW18062338

    $965,000

    Price

  • Jun 19, 2018

    Date

    Expired

    CRMLS: PW18062338

    $965,000

    Price

  • May 24, 2018

    Date

    Price Change

    CRMLS: PW18062338

    $965,000

    Price

  • Mar 18, 2018

    Date

    Active

    CRMLS: PW18062338

    $990,000

    Price

  • Listing provided courtesy of CRMLS

    Low, Low Price Per Sq Ft, Unique And Completely Remodeled 2 On 1 Single Family Homes on Huge 7,249 Sq Ft Lot Just Blocks to St. Mary Medical Center. The front Victorian style house is a 4 Bd/2Ba, recently remodeled and expanded with beautiful open floor plan, hardwood floors, tile, granite counter tops, hardwood cabinets, newer electrical, copper plumbing and large basement. The rear home is 7Bd/2Ba and completely remodeled with new flooring, kitchen and baths (scroll through the photos). Landscaped front and back yard, long driveway accommodating up to 4 vehicles and huge rentable Sq ft makes this property an outstanding opportunity for Investor/Owner Occupied.

  • January, 2018

  • Jan 30, 2018

    Date

    Canceled

    CRMLS: PW17174549

    $995,000

    Price

  • Aug 3, 2017

    Date

    Active

    CRMLS: PW17174549

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    Low, Low Price Per Sq Ft, Unique And Completely Remodeled 2 On 1 Single Family Homes on Huge 7,249 Sq Ft Lot Just Blocks to St. Mary Medical Center. The front Victorian style house is a 4 Bd/2Ba, recently remodeled and expanded with beautiful open floor plan, hardwood floors, tile, granite counter tops, hardwood cabinets, newer electrical, copper plumbing and large basement. The rear home is 7Bd/2Ba and completely remodeled with new flooring, kitchen and baths (scroll through the photos). Landscaped front and back yard, long driveway accommodating up to 4 vehicles and huge rentable Sq ft makes this property an outstanding opportunity for Investor/Owner Occupied.

  • March, 2009

  • Mar 6, 2009

    Date

    Sold (Public Records)

    Public Records

    $225,000

    Price

  • October, 2002

  • Oct 8, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1208 Linden Ave

Assessed Value (2020): $286,820
Year Land Value Improved Value Assessed Value
2020 $211,944 $74,876 $286,820

Home Value Compared to the Market

This property vs the competition

1208 Linden Ave is listed 79.49% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $333.33 per/sqft which puts the price per square foot 48.4% lower than the median price per square foot for the city of Long Beach.

About 1208 Linden Ave

Detailed summary of property

1208 Linden Ave is a duplex located in Long Beach, CA 90813 and is currently in escrow to be sold. This duplex offers 11 bedrooms, 4 bathrooms, roughly 4,200 living square feet, and sits on an approximately 7,251 square foot lot. 1208 Linden Ave was first listed on ArdentRealEstateGroup.com on August 1, 2024. The homeowner is currently asking $1,400,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 79.49% higher than the median priced home. Local competing homes currently for sale include 1409 Magnolia Ave, 1600 Magnolia Ave and 1052 E 5th St. While the average home in Long Beach, CA is selling in 62 days, 1208 Linden Ave has a days on market of 20 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1208 Linden Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1208 Linden Ave

Public county record property details
Beds
2
Baths
5
Year built
1909
Sq. Ft.
3,012
Lot Size
7,249
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
7274-001-005

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.