$500,000
$546,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
2007 2009 Bailey ST Los Angeles, CA 90033
1,820 SqFt
Key Details
Sold Price $500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,820 sqft
Price per Sqft $274
Subdivision Not Applicable-105
MLS Listing ID 320007336
Sold Date 12/03/21
Construction Status Fixer,RepairsCosmetic
HOA Y/N No
Year Built 1922
Lot Size 5,924 Sqft
Acres 0.136
Property Description
Multi-Family Duplex Residence in Boyle Heights 2007-2009 Bailey St. Los Angeles, CA 90033 APN: 5175-026-005 List Price: $546,000 Lot Sqft: 5922 Building SqFt: 1820 Year Established: 1922 2 units on lot. ($273k/unit- not sold separately) Left-side duplex is rented by one family. Right-side duplex is rented individually per room, one room vacant. LARGE basement underneath each unit of duplex. Basement can be converted into ADU. Fix & Flip ***Unique investment opportunity to convert basement. Can be utilized for personal use by owner/converted to income-producing Airbnb + VRBO units/Additional Dwelling Unit*** BUYER TO INVESTIGATE AND CONFIRM ALL POSSIBILITIES. GET CREATIVE with the basement living space. Use it as you wish and at your convenience. Come and go as you please with your own secured entrance into the private basement area. Property will be sold as-is and tenant-occupied. One long hallway leads to each room until arriving at the kitchen. Passing the kitchen, the hallways reach the bathroom at the very end of the hall. Pictures of vacant unit on right-side duplex are included. Rooms are similar in size and layout. Large parking lot behind the building has several parking spots on the lot. Large lot behind the building, lots of potential for the space. Building is in Boyle Heights and has unprecedented potential in this up-and-coming neighborhood area. Next to several hospitals: Keck School of Medicine, LAC + USC Medical Center, Adventist Health White Memorial, Los Angeles Veterinary Center, & Los Angeles City Fire Department. Next to several parks: Hazard Recreation Center, Lincoln Park, Ascot Hills Park, Ernest E. Debs Regional Park, Elysian Park, Dodger's Stadium, Hollenbeck Park Community Center. Next to shopping centers, restaurants, local and family-owned businesses, walking streets, biking lanes, supermarkets, convenience stores, gas stations, and banks. Adjacent to the main freeways with easy access to Downtown Los Angeles and several other locations easy to commute to. Come see it for yourself today! Tenants are cooperative with showings with 24-hour notices. Please contact listing agent to schedule a showing.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAR2
Rooms
Other Rooms TwoOnALot
Interior
Flooring Laminate, Tile, Wood
Fireplace No
Exterior
Garage Guest, Gated, OneSpace, Unassigned
View Y/N No
Parking Type Guest, Gated, OneSpace, Unassigned
Building
Lot Description FrontYard
Faces South
Story 2
Entry Level One,Two
Level or Stories One, Two
Additional Building TwoOnALot
Construction Status Fixer,RepairsCosmetic
Others
Tax ID 5175026005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Felipe Alvarez • Vylla Home, Inc.