42 views
734-740 Echo Park Ave
734 Echo Park Ave, Los Angeles, CA 90026
Available Now
42 views
1 / 2
FOR SALELand / Commercial
Lot Size
18364SF
Zoning
LARD2-1VL-HPOZ
Currently Leased
No
Listing Contacts
More property details
APN
5404-022-008, 5404-022-009
Location
Loading map…
734-740 Echo Park Ave
About the location
Marcus & Millichap is pleased to offer an 18,364-square-foot vacant land opportunity located at 734–740 Echo Park Avenue in Los Angeles, California. The property is situated in a prime Echo Park location, south of Sunset Boulevard and east of Alvarado Street, within one of the city’s most desirable urban neighborhoods.
Location highlights
- Located in the heart of Echo Park, this rare development opportunity consists of an 18,364 SF double lot across two separate APNs and is attractively priced at approximately $81 per land square foot. The site is zoned RD2-1VL-HPOZ and benefits from TOC Tier 1 incentives, allowing for the potential development of up to 14 residential units utilizing the State Density Bonus program.
- The vacant parcel offers views of Echo Park Lake and is surrounded by some of Los Angeles’ most active commercial corridors, including Sunset Boulevard, Glendale Boulevard, Temple Street, Alvarado Street, and Beverly Boulevard. Just steps from Sunset Boulevard, the property provides immediate access to popular neighborhood destinations such as Stereoscope Coffee, The Douglas Bar, Lia’s Tacos, Cantiq Clothing Store, and Reverie Bookstand.
- Overall, this offering combines a sizable double lot with two APNs, favorable zoning and density incentives, and an exceptional basis, creating a compelling opportunity for market-rate or mixed-income residential development in the heart of Echo Park.
- PLEASE NOTE: The property is being sold together with 740 Echo Park Avenue, Los Angeles, CA 90026 (APN: 5404-022-008).