This ±0.80-acre flat, development-ready corner parcel is located at the high-traffic intersection of Laurel Canyon Blvd and Albers Street in the Valley Village neighborhood of Los Angeles. With Executive Directive 1 (ED1) eligibility, the site supports a 7-story mixed-use development featuring approximately 220 affordable housing units and 6,000 SF of ground-floor retail. The lot benefits from exceptional street frontage along a major commercial corridor with 31,821 vehicles per day (VPD) on Laurel Canyon Blvd, providing high visibility and foot traffic. It is situated just off the Chandler Blvd Transit Corridor, offering strong regional connectivity via nearby Metro stations. As a transit-oriented infill parcel, it qualifies for CEQA streamlining under AB 130 and SB 131, reducing entitlement risk and accelerating permitting. The surrounding area is a walkable, amenity-rich urban environment with shops, restaurants, schools, and parks—ideal for long-term community integration and value creation.