809 N Alvarado St, Los Angeles, CA 90026
FOR SALE0.29 ACRES

809 N Alvarado St
Los Angeles, CA 90026

Echo Park

      $3,295,000

      Original price: $3,495,000
      Est. Mortgage $20,904/mo*
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      Local Information

      map showing home location
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      -- mins to
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      Description

      REDUCED! We are proud to exclusively present for sale a designer Construction Project in Echo Park, two blocks to the Echo Park Lake! Meticulously designed to be the stand-out of the area, this 55 Unit Project will have the bells and whistles that demanding tenants expect from a Class A design! With a high barrier to entry and rents close to $6 PSF, this is a great pocket to build in! With an entrance on Alvarado Street, future tenants would be met by a comfortable lobby that will lead to a lovely open space. Take the elevator to the gorgeous roof-top deck with vast views all around, being perched on a slope pointing to the Echo Park Lake! The Project will consist of mostly 1+1s, with twelve 2+2s and six singles+1. 5 units will be reserved for Extremely Low Income. The Project, so far, includes two levels of subterranean parking, and AB 2097 allows for the elimination of part or all parking levels to streamline construction and bring in the Project with significant savings. The property is in a tremendously pedestrian-friendly location; Walk Score calls the area a Walker's Paradise! With Vons, Lassens and the coming Sprouts Market a very short distance away, most day-to-day needs can be accomplished on foot. The Metro Subway Station is a short 30 minute walk, but the area is surrounded by buses and with very easy access to the 101 and 110 freeways. Come to Prime Echo Park, the center of a dining, nightlife, shopping and hospitality enclave that young professionals are looking for! Purchase this Project with 900 Alvarado St., a 52 Unit Project a block away.
      Property Website

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      None
      Price/Sqft
      No Info
      Listed
      111 days ago

      Home Details for 809 N Alvarado St

      Interior Features

      View
      Has a ViewView: Other, City, Lake

      Exterior Features

      Farm & Range
      Not Allowed to Raise Horses

      Days on Market

      Days on Market: 111

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land
      Building
      Has Additional Parcels
      Property Information
      Usage of Home: Build 55+/- Units

      Price & Status

      Price
      List Price: $3,295,000

      Active Status

      MLS Status: Active

      Location

      Direction & Address
      City: Los Angeles

      Agent Information

      Listing Agent
      Listing ID: 24-345729

      Lot Information

      Lot Area: 0.29 acres

      Listing Info

      Special Conditions: Standard

      Compensation

      Buyer Agency Commission: 2Buyer Agency Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Miscellaneous

      Mls Number: 24-345729Listing UrlWater ViewWater View: Lake
      Last check for updates: about 23 hours ago
      Listing courtesy of Dario Svidler DRE # 01884474, (424) 600-7633
      Keller Williams Beverly Hills, (310) 432-6400
      Almog Strikowski DRE # 01986816, (818) 665-9929
      Keller Williams Beverly Hills, (310) 432-6400
      Source: CLAW, MLS#24-345729

      Price History for 809 N Alvarado St

      DatePriceEventSource
      03/15/2024$3,295,000PriceChange
      CLAW #24-345729
      01/09/2024$3,495,000Listed For SaleCLAW #24-345729
      09/28/2008$589,000ListingRemovedAgent Provided
      08/23/2008$589,000Listed For SaleAgent Provided
      02/21/2008$360,000Sold
      N/A
      12/10/2003$350,000Sold
      N/A

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      Property Taxes and Assessment

      Year2023
      Tax$22,852
      Assessment$1,887,000
      Home facts updated by county records

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      Neighborhood Overview

      Echo Park
      See Local Highlights
      Neighborhood stats provided by third party data sources.

      What Locals Say about Echo Park

      • Trulia User
        "I grew up here with my grandparents. I have always felt at home here and I wish I could return to live here once more. But it's just way too expensive it saddens me to the core that I can't afford to live where I grew up. "
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      • Trulia User
        "it's great there are lots of parks there is the river to walk along, they might not like the coyotes "
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      • Trulia User
        "I love views and proximity it offers to DTLA but also how tucked away it is too :) neighbors are all super friendly too. "
        2
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      • Trulia User
        "Holiday block activities, neighbors keep an eye for one another. Sense of community. Feeling safe with like minded people. "
        0
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      • Trulia User
        "In traffic, the commute is 5 minutes to my office DTLA. And access to the 110, 5, and 101 is a breeze. "
        0
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      • Trulia User
        "Not kid-friendly unless you grew up here and understand the dynamics of life for families in Los Angeles as a general thought. "
        0
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      • Trulia User
        "People walk their dogs in the neighborhood all the time, but there are coyotes and skunks to be on the lookout for."
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      • Andrewjmartinez87
        "it's pretty dog friendly, with plenty of park near by. echo park lake and Elysian pack are great spots to take your pup. they're both spacious with benefits to both. Elysian has many trails to discover and echo park lake has a great picnic spot to bring your dog. "
        5
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      • Bret H.
        "Close to Elysian Park for long doggie hikes and also close to Silver Lake dog park for play time.vuh"
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      • Marina L.
        "Very diverse community; highly walkable with many mom and pop shops plus interesting boutiques and restaurants"
        1
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      • Claire T.
        "Sidewalks everywhere so there are tons of dog owners out and about. No real off leash park close by however. "
        1
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      • Janellica.ohanian
        "Echo park is pretty safe and family friendly. Great for young single families. Very diverse community even though that was caused mostly by gentrification. Overall wonderful food and coffee shops walking and driving distance. My small family loves living here. "
        5
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      • Dylan R.
        "The hills are a bit rough, and like most of LA, parks are limited. I feel bad for dogs here, especially the larger breeds. They belong in nature."
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      • Adrianna
        "Bus stop right at the corner. You can go east 5 minutes and you are downtown or you can go west 20minutes and you’re in Hollywood."
        2
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      • Micah.greenberg
        "I work for myself, so commute is optional. I go to a coworking space downtown. Sometimes I work in Highland Park, which is also not far."
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      • Clairethorn
        "A lot of people have dogs here and there’s easy access to Elysian park on my street so lots of hiking. Not a lot of dedicated dog parks, though. "
        1
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      • Afonso S.
        "Depends on where you work but this neighborhood has great access to several freeways to anywhere in the city."
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      • Mary E. R.
        "Echo park is great things are starting to get oversaturated and the streets do tend to be dirty and filled with trash at times. Echo park lake is somewhat clean."
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      • Mariette M.
        "In the past few years traffic has increased immensely. I’ve always felt safe, but crime, noise and litter have increased with the growing population. "
        1
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      • Noah C. B.
        "I’ve been in echo park for the last 4 years and have loved seeing the place blossom. Everyone in the area is kind and neighborly. "
        8
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      • Fisherloric
        "Most places are dog friendly and most people have their dogs on leash. Elysian park is nice to be able to let them off leash for a bit."
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      • Marah S.
        "Living by Bob’s market hot rods do donuts all night long. It is loud and dirty. It is now also expensive. "
        10
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      • Liz M.
        "It’s the most unique neighborhood in LA. Young, hipster hotspots on Sunset, and tons of families with young kids in the hills in Elysian Heights. "
        4
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      • Besmasrico
        "we have a community events year round like the lotus festival, Christmas parade, local business weekend."
        1
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      • Metal_heart_us
        "there's access to public transportation 24/7. The Metro station is not far, about 2 miles or less. it's a safe community. "
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      • Mike S.
        "Good bars & clubs . Chintowns restaurants are b’s & c’s. Lassens is expensive , salad bar is ok. Bk on sunset is cheaper than bk on Glendale blvd"
        0
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      • Leva S.
        "There is an elementary school and lots of school age children in echo park. Echo park has two different faces daytime and nighttime. "
        0
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      • josh j
        "Elysian Heights Elementary is a hidden gem. It’ll be a magnet next year. Lots of families walking and tons of trails."
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      • Hans L.
        "I like this neighborhood, I don’t have kids but do know parents in the neighborhood. Seems to be safe, I think it’s changing a bit but I do not see many parents around Echo Park. "
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      • Swayser
        "I walk most places since everything I need is in my neighborhood but if I leave echo park / Sikverlake area, I drive "
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      • James P.
        "Can walk to store, Lake and thrift shops. Schools are in transition and need more funding. Buses abound but it is hard to get to train stop. Traffic revolves around dodger stadium games."
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      • Lsalm
        "Lots of places to walk to for a quick bite or to see live music or grab a cocktail with friends. Easy access to public transportation. Parking can be challenging on street sweeping days and during Dodger games."
        2
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      • Lsalm
        "It has a great mix of people and is very walkable. Close to public transportation. I like the variety of places there are to eat close by."
        3
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      • howardtfleming3
        "Echo Park might be the last egalitarian neighborhood in LA. Working class, hipsters, artists, professionals, Latinos, Caucasians, Asians, African Americans, Gay, Straight, dog lovers, kids, old, young.. I see all of them every day here. Echo Park is funky, artsy and a little rough around the edges. And what other LA neighborhood has TWO great parks (Echo Park Lake & Elysian Park).."
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      LGBTQ Local Legal Protections

      Dario Svidler, Keller Williams Beverly Hills
      © 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
      809 N Alvarado St, Los Angeles, CA 90026 is a lot/land. 809 N Alvarado St is located in Echo Park, Los Angeles. This property is currently available for sale and was listed by CLAW on Jan 9, 2024. The MLS # for this home is MLS# 24-345729.