$2,450,000
Los Angeles, CA 90026
Los Angeles
County
Land
Property Type
We are pleased to present 801 N Alvarado Street, a ready-to-issue, 56-unit, 100% affordable development opportunity in Echo Park, roughly two miles from Downtown LA and minutes from Hospital Row on Sunset Boulevard. Approved plans call for a four-story, Type V-A building of approximately 33,212 SF with 55 one-bedroom units and one two-bedroom, no subterranean parking, a recreation room, landscaped yard, bike storage, and select private balconies. Under LAHD's July 1, 2026 schedules, most of the one-bedroom units can be leased for up to $2,499. The affordability component also unlocks potential for builders to capture the Welfare Tax Exemption or mission driven financing. Plans available upon request.
$13,040/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 7:45 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
