616 N Alvarado ST, Los Angeles, CA 90026 – 25616161

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Sean Beattie Jr.

BRIVIO Realty Inc

info@seanbeattiejr.com +1(415) 845-8732

$749,000

Est. payment - /mo

15 Beds

15 Baths

5,863 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25616161

Bedrooms 15

HOA Y/N No

Lot Size 5,863 Sqft

Property Description

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 walkable dining, eclectic shops, and a thriving creative community. This site is a rare opportunity to deliver a high-demand project in a neighborhood that continues to grow in both popularity and value.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LACR

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

View Y/N Yes

View City Lights, Panoramic

Total Parking Spaces 10

Building

Story 5

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5404011026

Special Listing Condition Standard

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Listed by Marc 'Meir' Nemetsky Power Brokers

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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616 N Alvarado ST Los Angeles, CA 90026

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Others

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