Seller's Agent in 2025
Lionel Franklin
Keller Williams Realty Irvine
(714) 580-1047
2 in this area
82 Total Sales
Estimated Value: $1,269,000 - $1,321,000
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!
Last Agent to Sell the Property
Keller Williams Realty Irvine Brokerage Phone: 714-580-1047 License #01730363 Listed on: 08/07/2024
Last Buyer's Agent
Keller Williams Realty Irvine Brokerage Phone: 714-580-1047 License #01730363 Listed on: 08/07/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leang Heak And Vich Horn Family Trust | $1,287,000 | First American Title Company | |
| Shahid Jehan A | -- | None Available | |
| Shahid Jehan | -- | Old Republic Title Company | |
| Shahid Jehan | $225,000 | Old Republic Title Company | |
| Hill Pauline Klyng | -- | -- | |
| Caustic Riewer J | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Leang Heak And Vich Horn Family Trust | $474,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $1,287,000 | 0.0% | $306 / Sq Ft | |
| 02/28/2025 02/28/25 | Sold | $1,287,000 | -8.1% | $306 / Sq Ft | View Prior Sale |
| 01/02/2025 01/02/25 | Pending | -- | -- | -- | |
| 10/10/2024 10/10/24 | For Sale | $1,400,000 | 0.0% | $333 / Sq Ft | |
| 10/10/2024 10/10/24 | For Sale | $1,400,000 | 0.0% | $333 / Sq Ft | |
| 08/21/2024 08/21/24 | Pending | -- | -- | -- | |
| 08/20/2024 08/20/24 | Pending | -- | -- | -- | |
| 08/20/2024 08/20/24 | Pending | -- | -- | -- | |
| 08/07/2024 08/07/24 | For Sale | $1,400,000 | 0.0% | $333 / Sq Ft | |
| 07/31/2024 07/31/24 | For Sale | $1,400,000 | +27.3% | $333 / Sq Ft | |
| 06/30/2021 06/30/21 | Sold | $1,100,000 | -11.6% | $262 / Sq Ft | View Prior Sale |
| 05/17/2021 05/17/21 | Pending | -- | -- | -- | |
| 04/20/2021 04/20/21 | Price Changed | $1,245,000 | -3.9% | $296 / Sq Ft | |
| 04/01/2021 04/01/21 | For Sale | $1,295,000 | -- | $308 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,097 | $1,190,674 | $773,938 | $416,736 |
| 2024 | $15,097 | $1,167,328 | $758,763 | $408,565 |
| 2023 | $14,849 | $1,144,440 | $743,886 | $400,554 |
| 2022 | $13,937 | $1,122,000 | $729,300 | $392,700 |
| 2021 | $4,013 | $289,790 | $214,139 | $75,651 |
| 2020 | $4,001 | $286,820 | $211,944 | $74,876 |
| 2019 | $3,957 | $281,197 | $207,789 | $73,408 |
| 2018 | $3,757 | $275,684 | $203,715 | $71,969 |
| 2016 | $3,440 | $264,980 | $195,805 | $69,175 |
| 2015 | $3,309 | $261,000 | $192,864 | $68,136 |
| 2014 | $3,297 | $255,889 | $189,087 | $66,802 |
Seller's Agent in 2025
Lionel Franklin
Keller Williams Realty Irvine
(714) 580-1047
2 in this area
82 Total Sales
Seller's Agent in 2021
Larry Bustamante
Keller Williams Realty Downey
(323) 481-9788
1 in this area
14 Total Sales
Buyer's Agent in 2021
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
7 in this area
86 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24163358
APN: 7274-001-005
Ask me questions while you tour the home.