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For Sale

$500,000

5,929 sqft$84/sqft68 days on market

202 Belmont Avenue

Los Angeles, CA 90026

· 8% down, 7% APR, 30yr fixed

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Beds

—

Baths

5,929

Square feet

—

Built

Listing narrative

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.

Listing agent (MLS): Jason Tuvia · Listing brokerage (MLS): Marcus & Millichap

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$500,000

Beds

Beds n/a

Type

Land

Home Size

5,929 sqft

Baths

Baths n/a

Lot Size

0.14 acres

Year

Year n/a

Status

For Sale

Days on Market

68

$ / Sqft

$84

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap