616 N Alvarado Street
Los Angeles, CA 90026
Listing provided courtesy of: Kidder Mathews of California, Inc.
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!
| Price: | $1,000,000 |
| Interior (SQFT): | 5,863 |
| Lot Size (SQFT): | 5,863 |
| Property Type: | Land |
Listing provided courtesy of: Kidder Mathews of California, Inc.. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 04/29/2025 16:47:32
