CA > Los Angeles
Los Angeles, CA 90026,616 N Alvarado St
Los Angeles, CA 90026,616 N Alvarado St
Los Angeles, CA 90026,616 N Alvarado St

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Additional details
Marva Shi Pace

Marva Shi Pace

Real Broker

+1(818) 308-4857
$ 749,000
Est. payment | /mo

15 Beds

15 Baths

5,865 Sqft Lot

Save
$ 749,000
Est. payment | /mo
Save

15 Beds

15 Baths

5,865 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25616161

Bedrooms 15

Lot Size 5,865 Sqft

Acres 0.1346

Property Sub-Type Multi-Family

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 Silver Lake - Echo Park

Zoning LACR

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment None

Exterior

Parking Features Gated Underground

Garage Spaces 10.0

Waterfront Description None

View Y/N Yes

View City, Panoramic

Building

Story 5

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by Power Brokers

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616 N Alvarado St

Marva Shi Pace

+1(818) 308-4857

hello@marvapace.com

Burbank, CA, United States

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