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Search Cali Homes Team
801 N Alvarado Street, Los Angeles, CA 90026
- $2,450,000
Listing courtesy of Listing Agent: Benjamin Lee (ben.lee@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
- List Price
- $2,450,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 26997521
- Subtype
- Land
- Lot Size
- 12,679
- Acres
- 0.29
- MLS Area Major
- Silver Lake - Echo Park (C21)
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.
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Additional Information
- Zoning
- LAC2
- View
- None
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. 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 contained herein may or may not have been the Listing and/or Selling Agent.