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$695,000

616 N Alvarado Street

Los Angeles, CA 90026

Active

Los Angeles

County

Land

Property Type

About this home

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.

Listed by Micah Hiller · DRE #02036690 · Prime Rock Realty

MLS #1156035910

ListedFeb 20, 2026

Property Details

Architecture

StoriesN/A

StyleN/A

Total UnitsN/A

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking Total0

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.13 ac

Lot FeaturesN/A

ViewN/A

DirectionsFrom Beverly Blvd, head north on N Alvarado St. Property is on the east side of the street between Beverly Blvd and Temple St.

Community

AreaC21 - Silver Lake - Echo Park

School DistrictN/A

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$3,699/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 7:15 PM

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