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Investment Highlights

  • Transit Oriented Community (TOC) Eligible
  • Strategic Location
  • Multi-Family Development
  • Transportation & Accessibility

Property Facts

Price $985,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
  • Building in Shell Condition
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 0.21 AC
Opportunity Zone Yes
Zoning LARD 1.5 - Transit Oriented Community. Buyer to verify.

1 Lot Available

Lot 2-3,6

Price $985,000
Price Per AC $4,732,687.25
Lot Size 0.21 AC

Zoned LARD1.5 transit oriented community, possible to build up to 10 units, buyer to verify with city.

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.

Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
5447-026-019
Land Assessment
$320,289
Improvements Assessment
$115,302
Total Assessment
$435,591
  • Listing ID: 39205306

  • Date on Market: 1/24/2026

  • Last Updated:

  • Address: 1779 Albion St, Los Angeles, CA 90031

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