Developers Alert.

Mixed-use in Echo Park.
List Price: $985K

1600 N Alvarado Street
Los Angeles, CA 90026


Facts.

  • Submarket: Echo Park, 90026

  • Location: On the corner of Alvarado & Glendale

  • Property Type: Mixed-used

  • County Usage:  Retail and Residential

  • Number of Structures: Three unattached

  • Retail Space:  1,100 SF and tenant occupied

  • Vacant Home: 824 SF two-bed / one-bath

  • Converted Garage: 420 SF

  • Garage Usage: Alternative Usage Dwelling permits drafted but not filed

  • Parking Spaces: 6-8 parking spaces, two lots

  • Lot Size: 7,558 SF

  • Zoning:  RD2-1VL

Description.

Are you a developer with a keen eye for rare properties with big possibilities? Then this incredible property is what you've been searching for.

This mixed-use property is situated on a large street to alley corner lot, and is in the heart of Echo Park, Los Angeles. Echo Park is one of the fasting growing and developing neighborhoods in Los Angeles, and one of the cooler neighborhoods in California. 

The property is comprised of a restaurant with parking, and this tenant's lease expires next year. The tenant is a well-known mom-and-pop restaurant in the area. 

In the middle of the parcel is a vacant converted garage, that was previously used as an Airbnb rental and creative office space. The space is divided into two rooms and has a private outdoor space. 

At the end of the lot is a vacant two-bedroom / one-bathroom home that will need to be renovated. Around the home is extensive and underutilized outdoor space. 


 

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