616 N Alvarado Street, Los Angeles, CA 90026

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
616 N Alvarado Street,Los Angeles, CA 90026
$749,000
  • 15 Beds
  • 15 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: marc 'meir' nemetsky
Office: power brokers
MLS#:25616161
Source:CRMLS

Price summary

  • Price:$749,000

About this home

616 Alvarado -- Prime Echo Park Development Opportunity. Located at the gateway to Echo Park, just off Sunset Blvd on Alvarado, this completely vacant parcel is ready for a transformative development in one of Los Angeles' most vibrant and desirable neighborhoods. With a combination of CM-1VL-L and CR-1VL zoning, the site offers diverse development options and strong upside potential:11 units allowed by right, 3:1 FAR under the community plan for mixed-use projects, TOC incentives increase the potential to 18 units. Currently entitled with a TOC Letter of Determination for 12 units with a height increase. Adjacent to a paper alley, offering the opportunity to vacate and expand the lot size. Beyond the numbers, 616 Alvarado benefits from its unbeatable Echo Park location. Just minutes from Echo Park Lake, Sunset Blvd hotspots, and a quick drive to Downtown LA, Silver Lake, and Koreatown, the property is ideally positioned to attract future residents seeking the best of LA living

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Home facts

  • Listing ID #:25616161
  • Added:1 day(s) ago
  • Updated:November 07, 2025 at 03:42 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:15

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$749,000
Based on information from California Regional Multiple Listing Service, Inc. as of November 7, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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