616 N Alvarado St - Commercial LAND FOR SALE


Los Angeles, CA 90026- Echo Park5,863 SF
$1,000,000 USD
310-974-0161
616 N Alvarado St, Los Angeles, CA for Sale
$1,000,000 USD
Commercial LAND - FOR SALE
1/20
5,863 SF

616 N Alvarado St
Los Angeles, CA 90026
Echo Park


HIGHLIGHTS

  • Potential for 14 units by right or more with TOC 1 density bonus or 100% affordable housing guidelines
  • Mixed-use potential for retail and residential units
  • Situated near Echo and Elysian Park, Downtown LA, and historic cultural areas such as Filipinotown, Koreatown, Chinatown, Little Tokyo

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/ACRE

$7,427,110/AC

PRICE/SF

$171 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Mixed Use, Apartment Units

LAND ACRES

0.13 AC

LAND SF

5,865 SF

OFFSITE IMPROVEMENTS

-

ZONING

LACM/CR

APN/PARCEL ID

5404-011-026

ASK ABOUT THIS PROPERTY

Kody NoharaKidder MathewsMore Info
310-974-0161

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Kody NoharaKidder MathewsMore Info
310-974-0161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.