616 N Alvarado St, Los Angeles, CA, 90026
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Property Details
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Description
Property Details: • Type: Other • Bedrooms: 0 • Bathrooms: 0 • Square Feet: [object Object] • Lot/Size: 5,865 sqft lot
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 time
Location
Address
616 N Alvarado St, Los Angeles, CA, 90026
City
Los Angeles
Features and Finishes
[object Object]
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