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$1,200,000
2 bed
1 bath
0 Sqft
8,309 Sqft lot

1801 Albion Street, Los Angeles, California 90031

  • Residential Income Property Type
  • 11 Days Time on market
  • 1890 Year Built
Property Description

ATTRACTIVE INTEREST-ONLY SELLER FINANCING AVAILABLE. We are proud to present an exceptional opportunity to acquire a well-maintained, 5-unit property located at 1801 Albion Street in the Lincoln Heights area of Los Angeles. This ±3,556 SF building sits on a ±8,309 SF lot and is situated between S Avenue 18 and S Avenue 19 on Albion Street.

1801 Albion Street provides convenient access to Downtown Los Angeles, L.A. Live, USC Health Sciences Campus, Dodger Stadium, FIGat7th, The Bloc and much more. Locally, tenants benefit from their proximity to major freeways (10, 5, 60, 110 and 101) and the Lincoln/Cypress Metro Rail Station, along with a vibrant mix of shopping centers, schools, restaurants, museums, and retailers.

Los Angeles, the heart of entertainment, boast a constant demand for quality rentals. The property sits amidst a thriving working class with a steady need for well-maintained housing and easy access to major employers. 1801 Albion Street offers a unique living experience with the added convenience of an on-site retail store, individual driveway parking, porches, backyards, and mature landscaping. Units feature wood plank flooring, new cabinets, wall air conditioning and heating, ceiling fans and vertical blinds.*

1801 Albion Street is a secure long-term investment ideal for any investor seeking a solid return. This opportunity caters to a wide range – first-time purchasers, seasoned investors, and those seeking a 1031 exchange – providing a win-win scenario.

*Select Units

Basic Details
Residential Income
Buy
CV24147159
$1,200,000
2
1
0 Sqft
1890
8,309 Sqft
Activeundercontract
Apartment
Houses
Features
: Wall Furnace
: Wall/window Unit(s)
: City Lights
: Sidewalks, Curbs
8
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90031
1801 Albion Street
1801
Street
0
W119° 46' 44''
N34° 4' 11.4''
Additional Information
11
1
1
1
: One
1
: Common Area
0
3,556 Sqft
1
0 Sqft
0 Sqft
0.19 Sqft
8,309 Sqft
1
: 2+ Common Walls
0 Sqft
LARD1.5
5447025031
$0
$0
$0
$2,404
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
05/08/2024 00:00:00
$0
: Standard
Cash,CashtoNewLoan
Merge onto I-10 W, Exit State St, Turn right onto N State St, Turn left onto Marengo St, Continue onto Daly St, Turn left onto N Main St, Turn right onto Albion St
CB RICHARD ELLIS
ERIC CHEN
1177
C32772
$0
4.48
0
108
1
: Item25unitsacre
1
1
: Square Feet
: Community Apartment
yes
1
4
5
5
1
5
5
1
3
6
82608
US-06037-N-5447025031-R-N
Apartment
18/07/2024 00:18:48
Albion
677 - Lincoln Hts
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