1506 Glendale, Los Angeles, CA 90026
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1506 Glendale,Los Angeles, CA 90026
$1,050,000
- 0 Acres
- Lots / Land
- Active
Listed by:katherine bergh
Office:katherine bergh
MLS#:SR25105349
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,050,000
About this home
Marcus & Millichap is pleased to offer a development site located on a 5300 SF lot at 1506-1508 N Glendale Boulevard in the city of Echo Park. The property sits just near the intersection of Scott Avenue and Alvarado and backs to Liberty Street. The site is currently improved with a 1153 SF duplex consisting of one bedroom/one bathroom units. The property is in need of renovation and is being sold as land value. This is a unique opportunity to acquire a C2-IVL mixed use zoned property on a major and popular thoroughfare in Echo Park. The base density allows for 13 units, however, the property will benefit from the Transit-Oriented Community Incentive (TOC-Tier 2), potentially allowing up to 22 units. Further density may be available under the State Density Bonus program for affordable projects. The property is in an Enterprise zone which allows for special exemptions and favorable tax treatment. The areas proximity to major employment centers combined with its dining scene, recreational and cultural amenities have made Echo Park an increasingly desirable place to live. The areas high occupancy rate and the low homeownership rate shows the robust demand for rental properties. This healthy and continuous demand has helped boost asking rents which are expected to continue their upward climb.
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Home facts
- Listing ID #:SR25105349
- Added:146 day(s) ago
- Updated:October 06, 2025 at 01:53 PM
Finances and disclosures
- Price:$1,050,000
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