N Alvarado Street Los Angeles, CA 90026

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 b...arrier 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 Continue reading