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- LoopNet Team
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
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
| Parcel Number | 5404-011-026 | Improvements Assessment | $0 |
| Land Assessment | $638,320 | Total Assessment | $638,320 |
Property Taxes
Listing ID: 35009647
Date on Market: 3/4/2025
Last Updated:
Address: 616 N Alvarado St, Los Angeles, CA 90026
The Echo Park Land Property at 616 N Alvarado St, Los Angeles, CA 90026 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
LAND PROPERTIES IN NEARBY NEIGHBORHOODS
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