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$ 625,000
Est. payment | /mo
5,930 Sqft Lot
$ 625,000
Est. payment | /mo
5,930 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL26928443
HOA Y/N No
Lot Size 5,930 Sqft
Acres 0.1361
Property Sub-Type Unimproved Land
Property Description
We are pleased to present a 5,930 SF vacant lot located at 202 Belmont Ave in Los Angeles, California. The subject property is located in a solid South Echo Park location, just north of Beverly Blvd and east of Alvarado St. Positioned on a 5,930-square-foot vacant corner lot in South Echo Park, the property presents a flexible development opportunity with multiple strategies to maximize value. The site offers a base density of three units and may support up to seven units through CHIP's Mixed Income Incentive Program, including one designated affordable unit. Located within a Tier 1 Transit Oriented Incentive Area, the property benefits from approximately 17,790 square feet of allowable base floor area, no minimum automobile parking requirement, and a potential height increase to approximately 56 feet. The location provides immediate access to the 101 and 110 freeways, Metro B Line, major commercial corridors, parks, dining, shopping, and Downtown Los Angeles. Offered at a low basis in a solid South Echo Park location, the property has flexible development potential on a corner lot.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Fireplace No
Exterior
View Y/N true
View City Lights
Building
New Construction No
Others
Tax ID UNAVAILABLE
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Listed by Jason Tuvia • Marcus & Millichap
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