This Land Property is no longer advertised on LoopNet.com.

616 N Alvarado St
Los Angeles, CA 90026
Land For Sale · 0.13 AC

Investment Highlights

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

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
Total Lot Size 0.13 AC
Zoning LACM/CR - Commercial Manufacturing / Limited Commercial

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!

Property Taxes

Property Taxes

Parcel Number
5404-011-026
Land Assessment
$638,320
Improvements Assessment
$0
Total Assessment
$638,320
  • Listing ID: 35009647

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: 616 N Alvarado St, Los Angeles, CA 90026

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