6,782 Sqft Lot
6,782 Sqft Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID MB25242279
HOA Y/N No
Year Built 1920
Lot Size 6,782 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
Laundry See Remarks
Exterior
Fence Chain Link
Pool None
Community Features Street Lights, Park
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Roof Type Composition,Shingle
Total Parking Spaces 2
Private Pool No
Building
Lot Description Corner Lot, Level, Near Park
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5447026020
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Agent | License ID: 00680027
29811 Santa Margarita Parkway, Suite 100, Margarita, CA, 92688