1771 Albion, Los Angeles, CA 90031 – CRMB25242279

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Sean Beattie Jr.

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

Listed by ANDREW ARENAS • GEORGE MICHAEL REALTY

$1,800,000

Est. payment - /mo

3,128 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,128 sqft

Price per Sqft $575

MLS Listing ID CRMB25242279

HOA Y/N No

Year Built 1920

Lot Size 6,781 Sqft

Property Sub-Type Other

Source Datashare California Regional

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

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Fireplace No

Laundry See Remarks

Building

Lot Description Corner Lot, Level, Other

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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 Los Angeles, CA 90031

Sean Beattie Jr.

Key Details

Location

Interior

Building

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