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$1,400,000
Est. payment /mo
5 Beds
9,069 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MB25242297
Bedrooms 5
Lot Size 9,069 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1779 Albion St, Los Angeles 90031. Prime TOC Development Opportunity Near Downtown LA Adjacent corner property at 1771 Albion St (APN 5447-026-020) is also currently for sale, offering the rare opportunity to assemble both parcels for a combined total of approximately 15,850 sq.ft. of land. Together, these properties present excellent potential for multi-unit housing development (buyer to verify allowable uses with the City of Los Angeles). 1779 Albion St (APN 5447-026-019) includes two vacant structures on a 9,069 sq.ft. lot, located within a Transit Oriented Community (TOC) area near Downtown LA, Chinatown, Dodger Stadium, and the LA State Historic Park (Cornfield). Prime location next to Albion Riverside Park and along the LA River Revitalization Corridor, with easy access to the 5 and 110 freeways, Metro transit, and nearby commercial and entertainment hubs. A rare infill development opportunity in one of Los Angeles most connected and rapidly evolving neighborhoods.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Broadway S on Ave 18. West on Albion St to Ave 17.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 5447026019
Acceptable Financing Exchange
Listing Terms Exchange
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Listed by ANDREW ARENAS GEORGE MICHAEL REALTY
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