1771 Albion, Lincoln Heights, CA 90031

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Glen Henderson

[email protected] +1(619) 889-7646

$1,800,000

Est. payment - /mo

8 Beds

6,781 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB25242279

Bedrooms 8

Lot Size 6,781 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Exchange

Property Type Res Income 2-4 Units

Property Description

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 LAs fastest-growing areas.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Broadway Ave turn South on Ave 18. Turn West on Albion Street to Ave 17.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5447026020

Acceptable Financing Exchange

Listing Terms Exchange

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Listed by ANDREW ARENAS GEORGE MICHAEL REALTY

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1771 Albion Lincoln Heights, CA 90031

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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