1771 Albion, Lincoln Heights, CA 90031

• 8 beds |
• 4 baths

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.

Listing Status:

Active

Listing Office:

GEORGE MICHAEL REALTY :

Listing Agent:

ANDREW ARENAS : 323-493-3660

MLS ID:

MB25242279

Interior

• A/C: Wall/Window
• Heating: Electric

Exterior

• Pool: N/K

Construction

• Roofing: Composition
• General: 2 Story

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: Assessor5447026020

Financial

• Source: California Regional MLS

This listing courtesy of ANDREW ARENAS, GEORGE MICHAEL REALTY