$695,000

616 N Alvarado Street, Los Angeles, CA 90026

Land
Built in ——
5,863sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Date Added:: February 20, 2026
Data Last Updated:: April 2, 2026 at 7:18AM
Listing Office:: Prime Rock Realty : 310-953-4779
Listing Agent:: Micah Hiller : 310-280-6417
MLS ID:: 26668091

Parking: Parking spaces: 0

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LACR5404011026
View: View

Source: CRMLS_CL

This listing courtesy of Micah Hiller , Prime Rock Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Rosemont Avenue Elementary

421 Rosemont Ave, Los Angeles, CA, 90026

Grades 2-5

0.25 miles away

Logan Academy of Global Ecology

1711 Montana St, Los Angeles, CA, 90026

Grades KG-8

0.60 miles away

Harris Newmark Continuation

1575 W 2nd St, Los Angeles, CA, 90026

Grades 9-12

0.83 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.