1771 Albion St (aka 1773 Albion), Los Angeles 90031. 5-Unit Property with MAJOR TOC DEVELOPMENT POTENTIAL
Adjacent property at 1779 Albion St (APN 5447-026-019) is also currently for sale, creating the opportunity to combine both lots for a total of approximately 15,850 sq.ft. of land. Ideal for developers or investors seeking to build new housing projects within a Transit Oriented Community (TOC) area (buyer to verify).
1771 Albion St (APN 5447-026-020) features five existing residential units on a 6,781 sq.ft. corner lot, located near Downtown LA, Chinatown, Dodger Stadium, and the LA State Historic Park (Cornfield).
Excellent location next to Albion Riverside Park and close to the LA River Revitalization Corridor, with convenient access to the 5 and 110 freeways, Metro transit, and surrounding employment centers.
A unique chance to acquire an income-producing property with strong future redevelopment upside in one of LA’s fastest-growing areas.
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Listing Snapshot
Price
$1,800,000
Days On Site
6 Days
Bedrooms
N/A
Inside Area (SqFt)
3,128 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1557 Acres
Year Built
1920
MLS® Number
MB25242279
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Electricity ConnectedNatural Gas ConnectedWater Connected
Water Source
Public
Interior Features
Cooling
Wall/Window Unit(s)
Heating
Electric
Laundry Features
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Exterior Features
Fencing
Chain Link
Lot Features
Corner LotLevel
Pool Features
None
Road Frontage
City Street
Roof
CompositionShingle
Community Features
Building Access
varies
Community Features
Street LightsPark
Financing Terms Available
1031 Exchange
MLS Area
677 - Lincoln Hts
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. The 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, the 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.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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