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$2,450,000
Est. payment /mo
0.29 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26997521
HOA Y/N No
Lot Size 0.291 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAC2
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5402037004
Special Listing Condition Standard
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Listed by Benjamin Lee Lyon Stahl Investment Real Estate, Inc. #02123715
Nearby Locations
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