1771 Albion, Lincoln Heights, CA 90031 – MB25242279

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$1,800,000

Est. payment - /mo

6,782 Sqft Lot

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UPDATED:

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

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.

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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Listed by ANDREW ARENAS GEORGE MICHAEL REALTY 323-493-3660

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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1771 Albion Lincoln Heights, CA 90031

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Others

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