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616 N Alvarado Street

Los Angeles, CA 90026
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SqFt5,865

Sqft(Lot)

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 a nd 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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Detail Ic Property Details

Property Type : Land

Price : $695,000

AD Id : 76501661

MLS Id : 26668091

Lot Size : 5,865 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 5865 Lot Size Acres: 0.1346 Lot Size Square Feet: 5,865

  • Listing Price Information

    Listing Price: $695000

  • Tax Information

    Parcel Number: 5404011026

  • Location Information

    Direction: From Beverly Blvd, head north on N Alvarado St. Property is on the east side of the street between Beverly Blvd and Temple St.
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Nearby Home Value

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1444 Avon Terrace, Los Angeles, CA, 90026 $499,000 -- -- -- 9,199 Sqft(Lot)
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2100 Avon Street, Los Angeles, CA, 90026 $998,000 -- -- -- 28,534 Sqft(Lot)
1204 Lilac Place, Los Angeles, CA, 90026 $2,000,000 -- -- -- 14,230 Sqft(Lot)
1200 W Innes Avenue, Los Angeles, CA, 90026 $1,680,000 -- -- -- 18,231 Sqft(Lot)
1492 W Sunset Boulevard, Los Angeles, CA, 90026 $1,499,994 -- -- -- 6,459 Sqft(Lot)
2252 Aaron Street, Los Angeles, CA, 90026 $599,000 -- -- -- 7,101 Sqft(Lot)
734 Echo Park Avenue, Los Angeles, CA, 90026 $975,000 -- -- -- 18,364 Sqft(Lot)
163 N Edgeware Road, Los Angeles, CA, 90026 $1,595,000 -- -- -- 4,778 Sqft(Lot)
1311 Waterloo Street, Los Angeles, CA, 90026 $1,195,000 -- -- -- 7,909 Sqft(Lot)

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ByOwner last updated this listing 08/11/2026 @ 12:49

MLS: 26668091 LISTED BY: Micah Hiller, Prime Rock Realty 310-953-4779 SOURCE: CRMLS

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