801 N Alvarado St, Los Angeles, CA 90026
- $2,450,000
- List Price
- $2,450,000
- MLS#
- 26997521
- Status
- ACTIVE
- Type
- Land
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.
Additional Information
- View
- None
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Courtesy of Lyon Stahl Investment Real Estate, Inc., Benjamin Lee.
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