616 N Alvarado Street, Los Angeles, CA 90026

Local realty services provided by:ERA Donahoe Realty
616 N Alvarado Street,Los Angeles, CA 90026
$849,000
  • 0.13 Acres
  • Lots / Land
  • Active
Listed by:marc 'meir' nemetsky
Office:power brokers
MLS#:25592473
Source:CRMLS

Price summary

  • Price:$849,000

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 #:25592473
  • Added:1 day(s) ago
  • Updated:September 15, 2025 at 10:25 PM

Structure and exterior

  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$849,000
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