1779 Albion, Los Angeles, CA 90031
1779 Albion, Los Angeles, CA 90031
1779 Albion, Los Angeles, CA 90031
5
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$985,000
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9,069 Sqft Lot
Price Dropped by $110K

1779 Albion Los Angeles, CA 90031

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Mason Frakes

Mason Frakes

+1(805) 260-4860

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB26046014

HOA Y/N No

Lot Size 9,069 Sqft

Property Description

1779 Albion St, Los Angeles 90031 (APN 5447-026-019). Zoned LARD1.5 (TOC) Transit Oriented Community, development Opportunity Near Downtown LA. Existing vacant structures to be demolished and can potentially develop up to 10 units, Buyers to check with the city. 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

Zoning LARD1.5

Interior

Fireplace No

Exterior

Community Features Park, Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Building

Lot Description 0-1 Unit/Acre, Flag Lot, Rectangular Lot, Street Level, Value In Land

Water Public

New Construction No

Others

Senior Community No

Tax ID 5447026019

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard, Trust

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)
Listed by ANDREW ARENAS GEORGE MICHAEL REALTY 323-493-3660, DRE #02217487

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Mason Frakes

Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

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