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California>Los Angeles>Lincoln Heights

1771 AlbionLincoln Heights, CA 90031

For Sale

$1,800,000

Smart Buyer Rebate $18,000

1771 Albion St (aka 1773 Albion), Los Angeles 90031. 5-Unit Property with MAJOR TOC DEVELOPMENT POTENTIAL
Adjacent property at 1779 Albion St (APN 5447-026-019) is also currently for sale, creating the opportunity to combine both lots for a total of approximately 15,850 sq.ft. of land. Ideal for developers or investors seeking to build new housing projects within a Transit Oriented Community (TOC) area (buyer to verify).
1771 Albion St (APN 5447-026-020) features five existing residential units on a 6,781 sq.ft. corner lot, located near Downtown LA, Chinatown, Dodger Stadium, and the LA State Historic Park (Cornfield).
Excellent location next to Albion Riverside Park and close to the LA River Revitalization Corridor, with convenient access to the 5 and 110 freeways, Metro transit, and surrounding employment centers.
A unique chance to acquire an income-producing property with strong future redevelopment upside in one of LA’s fastest-growing areas.

Listed by ANDREW ARENAS

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License #02217487

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GEORGE MICHAEL REALTY

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323-493-3660

Last updated October 20, 2025

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Source: CRMLS #MB25242279

Listing Facts

  • TypeMulti-family
  • NeighborhoodLincoln Heights
  • Days on Prevu3

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/20/2025
Listed by GEORGE MICHAEL REALTY
$1,800,000

Property Details for 1771 Albion

Association

Amenities

  • Community Features: Street Lights, Park

Exterior

Construction

  • Number Of Units Total: 5
  • Property Attached: Yes
  • Roof: Composition, Shingle
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1920
  • Common Walls: 1 Common Wall
  • Entry Location: varies

Features

  • Fencing: Chain Link
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 3,128
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot, Level, Near Park
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,781
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,781
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.6
  • Operating Expense: $36,390.00

Taxes

  • Parcel Number: 5447026020

Other

Location

  • Tax Block: 2
  • Tax Lot: 6

Parking

Parking

  • Open Parking Spaces: 2
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
  • Laundry Features: See Remarks
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.