8
See all 8 photos
$1,000,000
Est. payment /mo
5,865 Sqft Lot
Active
616 N Alvarado St Los Angeles, CA 90026
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25506365
Lot Size 5,865 Sqft
Acres 0.1346
Property Description
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!
Location
State CA
County Los Angeles
Area Silver Lake - Echo Park
Zoning CM-1VL / CR-1VL
Exterior
Waterfront Description None
View Y/N Yes
View Any
Building
Lot Description Fenced
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Kidder Mathews of California, Inc.