An exceptional development opportunity in the highly sought-after Echo Park neighborhood! This vacant CM/CR-zoned lot spans 5,863 SF, offering developers the potential to build 14 units by right, with the option to maximize density through a TOC 1 bonus or 100% affordable housing guidelines. Ideal for a mixed-use project, combining ground-floor retail and residential spaces to capitalize on the area’s growing and thriving community. Conveniently located near Echo and Elysian Park, Downtown LA, and cultural hotspots like Filipinotown, Koreatown, Chinatown, and Little Tokyo. Don’t miss this prime investment opportunity, and contact the listing brokers for additional details!
Property Details
Price:
$950,000
MLS #:
25506365
Status:
Active
Baths:
0
Address:
616 N Alvarado Street 5404011026
Type:
Land
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Mar 4, 2025
State:
CA
ZIP:
90026
Lot Size:
5,865 sqft / 0.13 acres (approx)
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- Address616 N Alvarado Street 5404011026 Los Angeles CA
- AreaC21 – Silver Lake – Echo Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
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Courtesy of Kidder Mathews of California, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.616 N Alvarado Street 5404011026
Los Angeles, CA
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