Silver Lake - Echo Park (C21) Land for Sale

Silver Lake - Echo Park (C21) Land for Sale

Welcome to the vibrant and eclectic neighborhoods of Silver Lake and Echo Park in Los Angeles, California. Nestled in the heart of the city, this area offers a unique blend of urban living and natural beauty, making it a highly sought-after location for homebuyers.

Silver Lake and Echo Park are known for their trendy cafes, boutiques, and art galleries, attracting a diverse community of residents. The neighborhoods are also home to the iconic Silver Lake Reservoir, providing a serene escape for outdoor enthusiasts and joggers.

If you are looking to invest in land in this dynamic region, Century 21 is proud to present a range of prime properties for sale. Whether you are interested in building your dream home or developing a commercial space, our listings in Silver Lake and Echo Park offer endless possibilities.

Don't miss this opportunity to be a part of these thriving communities. Contact us today to explore the land for sale in Silver Lake and Echo Park and start envisioning your future in this vibrant corner of Los Angeles.

Newest Silver Lake - Echo Park (C21) Land for Sale

$50,000
ACTIVE Status
These 2 parcels can be sold with it's adjoining 5 parcels (MLS#23-255483) - Build your dream home on these five contiguous lots, totaling 12,752 square feet. These lots are located at the end of a cul-de-sac in a quiet, private neighborhood with stunning views of the San Gabriel Mountains. You'll be close to all the amenities you need, including parks, restaurants, and shops, but also enjoy a peaceful retreat from the hustle and bustle of city life. Nearby Elysian Park is home to Los Angeles' second largest park, offering many hiking trails, picnic areas, and sports fields. Echo Park is a vibrant neighborhood surrounded by artistic culture, delicious food, and beautiful scenery, including Echo Park Lake. Silver Lake is a dynamic and diverse neighborhood, known for its creative community, cafes, restaurants, and boutiques. Dodger Stadium is also nearby, which hosts many concerts and festivals in addition to hosting the Los Angeles Dodgers baseball games. Elementary and High Schools are highly rated, Middle School is a Magnet. There are many forms of transportation that make Rosebud a convenient location. Several Metro bus lines run through the neighborhood, the Chinatown Metro Rail station is only 10 minutes away, and this plot of land is also located near major highways, including the 5, 2, and 110. This is a rare opportunity to own a piece of paradise in the heart of Los Angeles.

1918 W Sunflower Ave, Los Angeles

Courtesy of Keller Williams Beverly Hills, Amelia Leung - CA DRE#02157622

$2,450,000
ACTIVE Status
801-809 N Alvarado St is a double lot multifamily development opportunity located in the highly sought-after Echo Park neighborhood of Los Angeles.Located on Alvarado St, between Sunset Blvd and the 101 Freeway and two blocks away from the Echo Park Lake. A unique opportunity for a developer to acquire 12,678 SF lot zoned C2-1VL in a Tier 2 TOC offered at a low price per SF of $193.801-809 N Alvarado St offers an investor a multifamily development opportunity with over 115 feet of frontage on N Alvarado St, which attracts over 33,000 vehicles per day.An investor could build 32 units by right or utilize the TOC density increase and build up to 55 units; ownership currently has preliminary plans for a 55-unit project with two levels of subterranean parking, however, a developer could eliminate the parking requirement via AB 2097 (Buyer to verify).Alternatively, there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through Executive Directive 1 if a 100% affordable housing project is pursued.The double lot is currently vacant; no tenant relocation required.High Walk Score of 93, 801-809 N Alvarado St is located 1.5 miles from the Metro Red Line and a short stroll to multiple Metro Local Line bus stops along N Alvarado St.Central location that is beneficial for residents that commute throughout the city with close proximity to Downtown Los Angeles, Koreatown, Westlake, and Silver Lake, close proximity to retail along Sunset Blvd as well as the LA Downtown Medical Center.

801 N Alvarado St, Los Angeles

Courtesy of Marcus & Millichap, Neema Ahadian - CA DRE#01346750

$2,800,000
ACTIVE Status
900-906 N Alvarado St is a double lot multifamily development opportunity located in the highly sought-after Echo Park neighborhood of Los Angeles.Located on Alvarado St, between Sunset Blvd and the 101 Freeway and two blocks away from the Echo Park Lake. A unique opportunity for a developer to acquire 15,000 SF lot zoned C2-1VL & RD2-1VL in a Tier 2 TOC.900-906 N Alvarado St offers an investor a multifamily development opportunity with over 100 feet of frontage on N Alvarado St, which attracts over 33,000 vehicles per day.An investor could utilize the TOC density increase and build up to 47 units; ownership currently has preliminary plans for a 47-unit project with two levels of subterranean parking, however, a developer could eliminate the parking requirement via AB 2097 (Buyer to verify).Alternatively, there is also potential to achieve unlimited density via AB 2345 and expedited entitlement process through Executive Directive 1 if a 100% affordable housing project is pursued.High Walk Score of 93, 900-906 N Alvarado St is located 1.5 miles from the Metro Red Line and a short stroll to multiple Metro Local Line bus stops along N Alvarado St.Central location that is beneficial for residents that commute throughout the city with close proximity to Downtown Los Angeles, Koreatown, Westlake, and Silver Lake, a short stroll to retail along Sunset Blvd as well as the LA Downtown Medical Center.The rental market continues to grow, illustrated through the plentiful new developments currently under construction in the area such as 2225 W Sunset Blvd (176 units), 3004 W Sunset Blvd (74 units), and Inspire Echo Park at 355 Glendale Blvd (90 units). APNs: 5404-004-026 & 5404-004-002

900 N Alvarado St, Los Angeles

Courtesy of Marcus & Millichap, Neema Ahadian - CA DRE#01346750

$900,000
ACTIVE Status
We are pleased to present a 5,837 square foot (SF) vacant lot located at 312 N Coronado Street in Los Angeles, California. The subject property is located in a good South Echo Park location just down the street from Echo Park Lake, north of Temple Street and west of Alvarado Street. This offering is positioned on one (1) parcel totaling 5,837 square feet (SF) of land with a zoning ordinance of LAR3-1VL. This allows for seven (7) units by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited process to 100% affordable developments. If used in conjunction with the State Density Bonus code 65915-65918, an ED1 project would have no maximum density, an allowance of three (3) additional stories, thirty-three (33) additional feet in height, and no parking requirement due to AB 2097. There is also potential to subdivide the lot to build around five (5) SLO homes. The subject property is currently a flat, vacant lot ready for immediate entitlements. The site was demolished in 2017, there are no residential units to replace. Tenants will enjoy being within close proximity to Dodger Stadium, Echo Park, Paramount Pictures Studios, and Chinatown. This, in conjunction with easy access to major employment hubs via the -101 and -110 freeways, attracts an ideal market for young professionals. Positioned in a good South Echo Park location, this offering presents an excellent opportunity for an astute developer to capitalize on maximizing density and income with ED1 or implementing a small-lot subdivision in a core market of Los Angeles.

312 N Coronado St, Los Angeles

Courtesy of Marcus & Millichap, Jason Tuvia - CA DRE#01772495

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