$1,200,000
1801 Albion Street Los Angeles, CA 90031
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$1,200,000
Est. payment /mo
2 Beds
1 Bath
8,309 Sqft Lot
UPDATED:
08/06/2024 02:27 AM
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
HOA Y/N No
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
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
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Monthly Total Fees $53
Acceptable Financing Cash
Space Rent $1,521
Listing Terms Cash
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Listed by ERIC CHEN • CB RICHARD ELLIS