202 Belmont Avenue
Vacant corner lot at 202 Belmont Avenue in the South Echo Park neighborhood of Los Angeles, California, offered at $625,000. The 5,930 SF site is zoned LARD1.5 and carries a base density of three units, with potential for up to seven.
The lot sits just north of Beverly Boulevard and east of Alvarado Street. Through the CHIP Mixed Income Incentive Program, the site may accommodate up to seven units, including one designated affordable unit. It falls within a Tier 1 Transit Oriented Incentive Area, which allows approximately 17,790 SF of base floor area and no minimum automobile parking requirement. The site may also qualify for a height increase to approximately 56 feet.
The location has access to the 101 and 110 freeways, the Metro B Line, and major commercial corridors. Parks, restaurants, shopping, and Downtown Los Angeles are all nearby. The listing is positioned as a low-basis entry for developers and investors who want flexibility in how they build.
- 5,930 SF vacant corner lot in South Echo Park
- Base density of three units, up to seven under the CHIP Mixed Income Incentive Program
- Tier 1 Transit Oriented Incentive Area with no minimum auto parking requirement
- Approximately 17,790 SF of base floor area, with possible height increase to about 56 feet
- Near the 101 and 110 freeways and the Metro B Line
About this property
Marcus & Millichap is pleased to present a 5,930-square-foot vacant corner lot located at 202 Belmont Avenue in Los Angeles, California, within the South Echo Park neighborhood, just north of Beverly Boulevard and east of Alvarado Street. The property offers a flexible development opportunity, with a base density of three units and the potential to accommodate up to seven units through CHIP’s Mixed Income Incentive Program, including one designated affordable unit. Situated within a Tier 1 Transit Oriented Incentive Area, the site allows approximately 17,790 square feet of base floor area, has no minimum automobile parking requirement, and may qualify for a height increase to approximately 56 feet. The property also benefits from convenient access to the 101 and 110 freeways, Metro B Line, major commercial corridors, parks, restaurants, shopping, and Downtown Los Angeles. Offered at a low basis in a desirable South Echo Park location, this vacant corner lot presents an attractive opportunity for developers and investors seeking flexible development options and potential to maximize value.
Location & transit
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