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 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.
Property Sub Type:
Duplex
Property Attached:
No
Lot Area:
9,069 sq. ft.843 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1908
(Age: 117)
General Listing Location:
Lincoln Heights, 677 - Lincoln Hts
County Or Parish:
Los Angeles
Common Interest:
None
Gross Income:
$0
Gross Scheduled Income:
$0
Net Operating Income:
$0
Rent Control:
Yes
Association Fee:
$0
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Insurance Expense:
$0
Operating Expense:
$0
Trash Expense:
$0
Water and Sewer Expense:
$0
Tax Lot:
6
Tax Block:
2
Broadway S on Ave 18. West on Albion St to Ave 17.