Lincoln Heights, CA 90031,1779 Albion
Lincoln Heights, CA 90031,1779 Albion
Lincoln Heights, CA 90031,1779 Albion
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,350,000
Est. payment /mo
9,069 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB25242297

HOA Y/N No

Year Built 1908

Lot Size 9,069 Sqft

Property Sub-Type Duplex

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 ready for demolition 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

Area 677 - Lincoln Hts

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Street Lights

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water See Remarks

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5447026019

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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CRMLS – RECore
Listed by ANDREW ARENAS GEORGE MICHAEL REALTY 323-493-3660

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