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 timeline.Prime Echo Park location surrounded by ongoing development, creative office, and strong retail and hospitality. Minutes to Echo Park Lake and The Echo, with close proximity to Silver Lake, supporting strong rental demand and long-term growth.
Lot/land
$695,000
616 N Alvarado St, Los Angeles, CA 90026
--beds
--baths
5,863Square Feet
Unimproved Land
Built in ----
5,863 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 137 days |
- 60 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Micah Hiller DRE # 02036690 310-280-6417,
Prime Rock Realty 310-953-4779
Source: CLAW,MLS#: 26668091
Facts & features
Property
Features
- Has view: Yes
- View description: Any
Lot
- Size: 5,863 Square Feet
Details
- Parcel number: 5404011026
- Zoning: LACR
- Special conditions: Standard
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Tax assessed value: $638,320
- Annual tax amount: $7,720
- Date on market: 3/26/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$3,294/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Listed for sale | $695,000-7.2% |
Source: | ||
| 12/6/2025 | Listing removed | $749,000 |
Source: | ||
| 11/7/2025 | Price change | $749,000-5.7% |
Source: | ||
| 10/24/2025 | Price change | $794,000-0.6% |
Source: | ||
| 9/30/2025 | Price change | $799,000-5.9% |
Source: | ||
| 9/15/2025 | Listed for sale | $849,000-5.1% |
Source: | ||
| 9/1/2025 | Listing removed | $895,000 |
Source: | ||
| 7/30/2025 | Price change | $895,000-5.8% |
Source: | ||
| 6/24/2025 | Price change | $950,000-5% |
Source: | ||
| 3/4/2025 | Listed for sale | $1,000,000+25.2% |
Source: | ||
| 10/1/2023 | Listing removed | -- |
Source: | ||
| 5/17/2023 | Price change | $799,000-3% |
Source: | ||
| 4/26/2023 | Price change | $824,000-2.9% |
Source: | ||
| 3/8/2023 | Listed for sale | $849,000 |
Source: | ||
| 2/1/2023 | Listing removed | -- |
Source: | ||
| 12/14/2022 | Listed for sale | $849,000-4.6% |
Source: | ||
| 7/1/2022 | Listing removed | -- |
Source: | ||
| 4/27/2022 | Price change | $890,000-0.6% |
Source: | ||
| 4/5/2022 | Listed for sale | $895,000-5.3% |
Source: | ||
| 10/22/2021 | Listing removed | -- |
Source: | ||
| 6/10/2021 | Listed for sale | $945,000-5.4% |
Source: | ||
| 2/12/2020 | Listing removed | $999,000 |
Source: Central Realty Advisors Inc #19503832 Report a problem | ||
| 9/18/2019 | Price change | $999,000-13.1% |
Source: Central Realty Advisors Inc #19503832 Report a problem | ||
| 8/26/2019 | Listed for sale | $1,150,000+130.5% |
Source: Central Realty Advisors Inc #19503832 Report a problem | ||
| 12/7/2016 | Listing removed | $499,000-9.3% |
Source: Teles Properties - Brentwood #SB16723345 Report a problem | ||
| 12/5/2016 | Sold | $550,000+511.1% |
Source: Public Record Report a problem | ||
| 4/19/2011 | Sold | $90,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,720 +0.7% | $638,320 +2% |
| 2024 | $7,663 +2% | $625,804 +2% |
| 2023 | $7,514 +4.9% | $613,534 +2% |
| 2022 | $7,162 +1.1% | $601,504 +2% |
| 2021 | $7,082 -1% | $589,710 +1% |
| 2020 | $7,154 | $583,664 +2% |
| 2019 | $7,154 +3.4% | $572,220 +2% |
| 2018 | $6,921 | $561,000 +2% |
| 2017 | $6,921 +2.2% | $550,000 +464.7% |
| 2016 | $6,769 +397.6% | $97,400 +1.5% |
| 2015 | $1,360 +0.3% | $95,938 +2% |
| 2014 | $1,357 | $94,060 +2.5% |
| 2012 | -- | $91,800 +18.3% |
| 2011 | -- | $77,598 +0.8% |
| 2010 | -- | $77,019 -0.2% |
| 2009 | -- | $77,203 +2% |
| 2008 | -- | $75,690 +2% |
| 2007 | -- | $74,207 +2% |
| 2006 | -- | $72,753 |
| 2005 | -- | $72,753 +4% |
| 2004 | -- | $69,929 +1.9% |
| 2003 | -- | $68,648 +2% |
| 2002 | -- | $67,303 +4% |
| 2000 | -- | $64,691 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Echo Park
Nearby schools
GreatSchools rating
- 4/10Camino Nuevo Sandra CisnerosGrades: K-8Distance: 0.2 mi
- 3/10Belmont Senior High SchoolGrades: 9-12Distance: 0.8 mi
- 6/10Edward R. Roybal Learning CenterGrades: 9-12Distance: 1 mi
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