1801 Albion Street Contingent

Los Angeles,CA 90031

$ 1200000

2 Beds

1 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID CV24147159

Bedrooms 2

Lot Size 8,309 Sqft

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
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

Location

State CA

County Los Angeles

Area Los Angeles (90031)

Zoning Assessor

Interior

Cooling Wall/Window

Building

Lot Description Curbs,Sidewalks

Story 1

Others

Monthly Total Fees $53

Acceptable Financing Cash

Space Rent $1,521

Listing Terms Cash

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