616 N Alvarado Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25506365
HOA Y/N No
Lot Size 5,865 Sqft
Acres 0.13
Property Sub-Type Unimproved Land
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
Zoning CM-1
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5404011026