616 N Alvarado Street, Los Angeles, CA 90026

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
616 N Alvarado Street,Los Angeles, CA 90026
$695,000
  • 0.13 Acres
  • Lots / Land
  • Active
Listed by: micah hiller
Office: prime rock realty310-953-4779
MLS#:26668091
Source:CRMLS

Price summary

  • Price:$695,000

About this home

Exceptional Tier 1 TOC development opportunity in the heart of Echo Park. Zoned CM/CR, this 5,863 SF site offers the ability to capitalize on Transit Oriented Communities incentives and deliver a high-yield multifamily project along a highly active corridor. Tier 1 TOC designation allows for increased density, with the potential to develop up to approximately 20 units (buyer to verify). Ownership has secured a Letter of Determination for a smaller project, providing a clear path forward while preserving optionality for a larger-scale development. The property will be delivered vacant with no existing structures, eliminating demolition costs and allowing for a more efficient development timeline.Prime Echo Park location surrounded by ongoing development, creative office, and strong retail and hospitality. Minutes to Echo Park Lake and The Echo, with close proximity to Silver Lake, supporting strong rental demand and long-term growth.

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Home facts

  • Listing ID #:26668091
  • Added:48 day(s) ago
  • Updated:May 14, 2026 at 10:41 AM

Structure and exterior

  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$695,000
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