Los Angeles, CA 90026 616 N Alvarado Street
$1,000,000
3 more
Presented By: Scott Rosenberg with Kidder Mathews of California, Inc.;
- MLS# 25506365
- 03/04/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Home Details
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!
Presented By: Scott Rosenberg with Kidder Mathews of California, Inc.;
Interior Features for 616 N Alvarado Street
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 616 N Alvarado Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Directionshttps://www.google.com/maps/place/616+N+Alvarado+St, +Los+Angeles, +CA+90026/data=!4m2!3m1!1s0x80c2c7103d5067e7:0xc5f37e21957c255d?sa=X&ved=1t:242&ictx=111
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5865.0
Lot Size UnitsSquareFeet
MLS AreaC21 - Silver Lake - Echo Park
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
ZoningCM-1VL / CR-1VL
Exterior for 616 N Alvarado Street
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1346
Lot Size Area5865.0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Additional Details
Price History
Hal Schlegel
Broker Associate